Monthly Archives: June 2009

Choosing The Right Mortgage

Posted on June 22, 2009 by admin

John Power asked: Remember you would not buy the first house that was offered to you, so why go with the only mortgage that is offered to you. Ask for more than one good faith quotes. See what options different … Continue reading →

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Help with loan with bad credit?

Posted on June 20, 2009 by admin

chris k asked: I have a credit score of about 470 due to a divorce and an ex wife who stopped making the mortage payment that was in my name I am now in over my head, I only need … Continue reading →

Posted in Personal Finance | Tagged , , , , , | 4 Comments

mortgage interest and tax?

Posted on June 19, 2009 by admin

Kim asked: I’m a first time home buyer, so I’m not clear on how the mortgage loan interest deductible works. For example, if I pay $6000 federal tax per year and the mortage loan interest is $9600 per year, do … Continue reading →

Posted in United States | Tagged , , , , , , , , , | 5 Comments

Whats the best loan to flip / rehab a house?

Posted on June 18, 2009 by admin

JRS300 asked: I’m currently looking to buy a forelosed property for $41,000. What I want is a loan to cover the mortage and an extra $8000-$10,000 doallrs for improvements to the home. I probably won’t put a lot of money … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , | 5 Comments

I am a first time home buyer i never purchased a home it will be my first loan?

Posted on June 16, 2009 by admin

areyou4me_80 asked: WHEN YOU GO THROUGH THE FIRST TIME HOME MORTAGE, HOW DO THEY GIVE YOU THE LOAN? FOR EXAMPLE I AM APPROVED FOR A FIRST TIME HOME BUYER LOAN, I TELL THEM WHAT I WANT MY LOAN AMOUNT TO … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , | 13 Comments