How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Attyadvisor Your Own Question
Attyadvisor
Attyadvisor, Attorney
Category: Real Estate Law
Satisfied Customers: 6348
Experience:  29 years of experience in General Practice, Real Estate Law and Estate Law.
68197583
Type Your Real Estate Law Question Here...
Attyadvisor is online now
A new question is answered every 9 seconds

As background..I want to use a loan officer in Virginia Beach,

This answer was rated:

As background..I want to use a loan officer in Virginia Beach, VA.....to secure a first mortgage on a home I'm buying as a primary residence in North Carolina.
My question: Could there be any problems caused by my using a VA banker for a loan on an NC property?
(BTW....bank also have offices in the City in NC that I'm moving to.)
Welcome and thank you for your question. I will be the professional that will be assisting you.

Is the lender licensed to do business in North Carolina?
Customer: replied 3 years ago.

The bank (BB&T) has offices in both Virginia and North Carolina.


 

If they are licensed to do business in the State there would be no issue.

Do you went to check to see if they have a registered agent in the North Carolina?

 

What is the lender's name?

Customer: replied 3 years ago.

No. I'm sure they have registered agents in NC.


 


I guess I'm asking.....if a particular loan officer is registered in Virginia, but his Bank is registered in VA and NC....but he is NOT registered in NC.....is that a problem?


 


Must I be sure that my loan officer is registered in NC? Thanks.

Customer: replied 3 years ago.

BB&T

Customer: replied 3 years ago.

This program's kicking me off the page after I reply. Not sure where you are right now.

I apologize I was kicked off too. If there were any issues with your loan you would want to be working with a lending company that is properly licensed with the state and has a registered agent in that state.

The loan officer is an agent for the lender if they have a the proper presence in the state there should be no issue.

Let me check.

Attyadvisor and 10 other Real Estate Law Specialists are ready to help you
Customer: replied 3 years ago.

I'll ask the loan officer myself. I don't want to use his name on this board, as it is not secure. Thanks again!

No problem.

Yes they are properly licensed and registered in Virginia, North Carolina and South Carolina!

http://www.secretary.state.nc.us/corporations/Corp.aspx?PitemId=4916566

Thank you for your patience in letting me check for you. Thank you for using JA!
Attyadvisor and 10 other Real Estate Law Specialists are ready to help you
Thank you very much. We appreciate your business.

Good luck with your new home!

Related Real Estate Law Questions