Nate
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  • Fairfax, VA
  • United States
  • VA
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First Name
Nate
Last Name
Johnson
State
VA
City
Fairfax

Nate's Blog

2nd Trust not allowing 6% commission ? Anyone dealt with this ?

Posted on March 14, 2011 at 9:30am 1 Comment

So our second loan was charged off and a law firm is now collecting.  They are the ones that will issue the approval letter through Citi Mortgage.  They are saying Citi will not allow 6% commission unless its Fannie or Freddie.  They will only approve 5%

 

Well the 1st loan is with BOA and they have approved 6% 

 

Anybody dealt with this and have suggestions ?

 

Thanks

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