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"The lender’s decision to allow the out-of-state purchase may depend upon the reason for your purchase." Harris also warns that you should have a well-thought-out decision, or you may get denied.
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A "servicing endorsement" means authorizing a mortgage lender to service a loan for more than 4 months. A mortgage lender servicer may also conduct those activities described under Mortgage Lender without the need for two separate licenses. (More Details) Reasons why you shouldn’t use an out-of-state mortgage lender.
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