Open Question: This is what my loan offficer told me.... is it legal?

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Open Question: This is what my loan offficer told me.... is it legal?

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01-24-2008, 11:11 PM

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Open Question: This is what my loan offficer told me.... is it legal?

My LTV is at 90% and my loan officer that is refinancing me told me he will send me a letter stating that my house price will increase by next year so I would not have to pay mortgage insurance ... is this legal? and can a unlicenced meaning Department of Real Estate unlicened person do loans?

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