Refinancing Home Mortgage
If so, Can you pay off ur debt after you take a loan out for a house who is a first time buyer and add it to your mortgage payment/loan? What lender will do that for you?
Project-Spreadsheet assignment
1. You are currently in the 7th year of a 25-year fixed rate, fully amortized mortgage with monthly payments. You originally borrowed $150,000 with a 9.50% annual interest rate. Interest rates are expected to be lower, so you are considering the feasibility of refinancing the loan. To refinance, closing costs are expected to be [...]
I’d like to buy new construction as a result of the great mortgage rates right now. However, by the time I’d close on my house in December, it could be a totally different ballgame and rates could go through the roof. It seems to me, then, that low mortgage rates only help people refinancing or [...]
In: Mortgage Loan
28 Apr 2010How much more affordable did a loan modification make your mortgage payments and what terms were changed on your loan?
Hmmm, thought my question was pretty straight forward. It is not a general question. I am asking about YOUR personal experience, not what happens in general. If you have not personally had a loan modification, the [...]
Hi,
I am in need of a “calculator” or set of calculator that helps me make a decision on my personal situation. Here is brief:
I am planning to refinance my house. Trying to decide 15 year mortgage vs 30 years. I have already completed about 4 years of mortgage.
Now here is dilemma:
If I do [...]
In: Mortgage Lending
26 Apr 2010In: Mortgage Rate
24 Apr 2010he was starting a program where lenders get paid to help people with high mortgages get lower mortgages. how can we find out about this program and if it is in effect now
the program was for people that didn’t have good credit scores and had to take high interest loans now to get lower interest [...]
According to online calculators, lowering my car payment $100 will greatly increase the “amount of home I can afford.” Refinancing my car will bring my payment down just under $100. Is this a smart decision? Will this help or hurt my chances of getting approved by refinancing now and applying for a [...]
Details: My husband has a recent bankruptcy on his credit record (I was not included on bankruptcy). The bankruptcy is less than a year old.
My credit is decent, but I have been a stay-at-home-mom and full-time student for the past ten months, therefore have no income of my own.
My husband makes good money and [...]
I AM SOOO FRUSTRATED!!! We were SO CLOSE for our underwriter to sign off on our loan… They asked the IRS for my husband’s 2007 and 2008 tax transcripts. standard procedure, i know. Well, the frickin IRS misfiled his 2007 return, and it never even got processed!! So no transcript was available, all they had [...]
This is about mortgage information questions.