Can I license without a mortgage or hiring a mortgage broker?

In: Mortgage Loan

13 Oct 2010

Yes, you can offer to the mortgage on a house to sell you to make another person. This is called the owner carry financing.

To do this, do not need a license.

You can use your mortgage each month and the buyer sends the monthly payment from you. There are companies that make up this collection in your name set. They collect monthly mortgage, charge you a monthly fee for their services and send the rest of your bank account or directly to you. They should also make the necessary tax forms and send them now to the borrower as well as themselves.



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