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  2. RPM Mortgage - Wikipedia

    en.wikipedia.org/wiki/RPM_Mortgage

    RPM Mortgage is an independently owned and operated mortgage lender and broker based in Alamo, California. The company’s roots in the Bay Area stem back to 1986. RPM Mortgage is a retail only lender and a direct seller and servicer of Fannie Mae loans. [2] In 2013, the company provided $5.9 billion in funding in the form of residential ...

  3. Loan officer - Wikipedia

    en.wikipedia.org/wiki/Loan_officer

    Some loan officers are paid a flat salary; others are paid on commission. Those on commission usually are paid a base salary plus a commission for the loans they originate. Loan officers also may receive extra commission or bonuses based on the number of loans they originate or how well the loans perform. [5]

  4. Mortgage loan originators: What are they and what do ... - AOL

    www.aol.com/finance/mortgage-loan-originators...

    These will be key points to know when you’re comparing mortgage offers and mortgage lenders. Stand ... fee to range from 0.5 percent to 1 percent of the total amount you’re borrowing ...

  5. Best mortgage lenders of November 2024 - AOL

    www.aol.com/finance/best-mortgage-lenders...

    Lender. Best For. Minimum Credit Score Requirement. More Details. Rate Mortgage. Best overall. 620. Learn more. Movement Mortgage. If you want an impact lender:

  6. Loan-to-value ratio - Wikipedia

    en.wikipedia.org/wiki/Loan-to-value_ratio

    A similar property with a value of $100,000 with a first mortgage of $50,000 and a second mortgage of $25,000 has an aggregate mortgage balance of $75,000. The CLTV is 75%. The CLTV is 75%. Combined loan to value is an amount in addition to the Loan to Value, which simply represents the first position mortgage or loan as a percentage of the ...

  7. What is a mortgage? A definitive guide for aspiring homeowners

    www.aol.com/finance/mortgage-definitive-guide...

    Private mortgage insurance (PMI) is a form of insurance taken out by the lender but typically paid for by you, the borrower, when your loan-to-value (LTV) ratio is greater than 80 percent (meaning ...

  8. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    Mortgage calculators are frequently on for-profit websites, though the Consumer Financial Protection Bureau has launched its own public mortgage calculator. [ 3 ] : 1267, 1281–83 The major variables in a mortgage calculation include loan principal, balance, periodic compound interest rate, number of payments per year, total number of payments ...

  9. Study: Americans need a six-figure salary to afford a typical ...

    www.aol.com/finance/study-americans-six-figure...

    To afford a median-priced home of $402,343, Americans need an annual income of $110,871, up 46 percent since the start of 2020. Americans must earn at least $100,000 annually to afford a median ...

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