10 sample Originator questions. iMort™ can answer these questions and more in seconds!
| I have a conforming EA 2 Credit approval. Can I offer a 5/1 ARM? If so, what are the Caps and Margin? |
| What is the maximum Par Plus I can get after all my adjustments on a cash-out refinance with No Prepayment? |
| Can I get a Interest Only feature on this loan. If so, how long is the Interest Only period? |
| My borrower doesn’t want 5/2/5 caps. Can I get 2/2/5 caps on this loan instead? |
| What is the minimum credit score I need on a 90% No Doc cash-out refinance for this 2-unit property? |
| Is there a program that gives more than $250,000 cash back? My borrower owns this property free and clear. |
| My borrower applied for a 30 Yr loan and now wants a 20 Yr. If it isn’t available, what are my ARM options? |
| Can I offer a different prepayment period other than 3 year? |
| I have a DU approval loan using Stated Income verification. Do I price it FNMA or non-conforming? |
| My borrower only has a 633 score on a No Ratio loan. What kinds of products can I offer? |
