Net Life is not backed by the Feds like SBA.
boy2699, SBA loans don't have to have a life police as a requirement for loan placement, correct?
Net Life has their eApplication available now on the webpage.
However, it's a boilerplate 1003 Fannie Mae Uniformed Residential Loan Application.
It raises the question: Why has it taken over 4 months to up loan a basic 1003 into their system?
* What safeguards are in place for Net Life's clients?
* What government agencies is Net Life licensed by, and registered with?
* What Government Agency has oversight to make sure Net Life Financial PE Fund is in compliance with funding and servicing the LCMO, LCDO activities?
* What about a Good Faith Estimate (GFE) which gives you an estimate of your settlement charges and loan terms.
* Net Life Truth in Lending Disclosure:
* What are your FEES:____________$$
* What are your loan terms:______years.
* What is your Interest Rate:_____%.
* What is your Debt to Income requirements:_____%
* What is your collateral requirements:_________LTV MAX%.
* ESCROW Account: Is Net Life requiring an Escrow account to hold funds for paying property taxes?
* Where are the bio's on Net Life upper management for vetting?
* WHO ARE THESE GUYS ????????????????
I find it incredible that anyone would give up their private info without proof of this companies legitimacy.
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