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Charlene Said:

Does anyone know of a mortgage lender that will .......?

We Answered:

There are none despite some of the other asnwers you'll get recomending this, that and the other building society. If you run a buisiness from home you need a commercial mortgage which I believe is 1.5% above base rate.

Nathaniel Said:

What is an Residential Mortgage Credit Report? Please Read On...?

We Answered:

Residential Mortgage Credit Report (RMCR) is a supplemental report that provides details on four or more items that were flagged from an Instant Merge® report. RMCR is the most complete and comprehensive reports and include separate information going back two-to-seven years for both the borrower and coborrower.


Timely and accurate decision-making support
The Residential Mortgage Credit Report (RMCR) is credit tool processed to the strict specifications of Fannie Mae and Freddie Mac. Many times an RMCR is required because the borrower's file is not complete enough to make a sound lending decision.

For instance, LandSafe Credit updates tradelines within 90 days and provides employment verifications. They also provide landlord verifications at the lender's request.


Talk with your mortgage broker, there are Lenders that will do a purchase since your credit is good, with LIMITED trades.....or no TRADES....


Hope this helped.

Felix Said:

When applying for an investment mortgage, when does the lender cross reference IRS records?

We Answered:

The lender may ask you for your previous years tax filing, which would have your previous year's earnings on it, but sometimes all they do is a credit check.

When I obtained my loan, all they asked for was my previous years earnings, but didn't request a copy of either my W2 or my tax filing. Although, I did offer it if they wanted it.

Good Luck

Joseph Said:

Where can I get a residential mortgage loan?

We Answered:

This is a doable loan- but it is a difficult loan. What you need is for your parents to give you a "gift of equity" in order to compensate for the lack of down payment- which I assume is the problem for your loan officer in finding it a home. It might be necessary to adjust the sales price to the appraised value to offset this. The fact you pay your parents rent is not an issue- underwriters will understand that part of it. I could do the loan for you- send me an email.

Rachel Said:

Do you know of any residential mortgage lenders that lend in excess of $10 Million?

We Answered:

I think i know a lender that will do this. send me an email fatty.

Don Said:

Does anyone know of a progressive mortgage lender for purchase of residential real estate in Missouri.?

We Answered:

Not happening.