*While it is Movement Mortgage’s goal to provide underwriting results within six hours of receiving an application, process loans in seven days, and close in one day, extenuating circumstances may cause delays outside of this window.
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This applies to the mortgage broker bond too, so if you operate in more than one state, you’d need bonds for each one. When a mortgage broker gets bonded, the bond acts as an external financial guarantee that the broker will uphold any rules and regulations required by the state. If there is a breach, the state can make a claim on the bond.
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She found an ideal new home for herself and her husband: a three-bedroom, 980-square-foot house south of Cleveland. scammers then fabricate documents that trick mortgage brokers, title agents, real.
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