Broker Outpost Mortgage Forums
Home | Recent Discussions | Register | Login | Mortgage Broker Directory | Mortgage Reference Library
 All Forums
 Mortgage Brokers
 Mortgage Brokers
 Search for: VOE ONLY.
Related tags: [, ]
Author Previous Topic  |  Next Topic  
hzalm77

29 Posts

Posted - 02/21/2008 :  1:15:24 PM
What lenders just do a fully executed VOE
I have encountered one lender who does with a 1 basis point hit without using a 4506.
Are there any more lenders like this?
nedzie

78 Posts

Posted - 02/21/2008 :  1:51:35 PM
Run it DU, it may come back needing only a Verbal or Full VOE.
ssnettle

88 Posts

Posted - 02/21/2008 :  3:57:07 PM
As long as we can verify the employ. via internet and other online tools and can call and do a voe we don't require one. I am only asked to get one when we can't verify.

Thanks,
moneyluck

3775 Posts

Posted - 02/21/2008 :  4:08:38 PM
du is usually good for that.
danielle9

992 Posts

Posted - 02/21/2008 :  5:57:56 PM
we usually do not execute 4506 on full doc even with voe...doing one just like this
  Previous Topic  |  Next Topic  
Recent Loan Officer Chat © Copyright 2006,2007 - Broker Outpost LLC. All Rights Reserved. Subscribe to the Forum Topics via RSS Go To Top Of Page
Privacy Policy | Terms and Conditions
This page was generated in 0.41 seconds.
Mortgage Brokers | Mortgage Newsletter | | Sponsors | Advertising Info | Reference | Snitz Forums 2000