Monthly Archives: September 2009

Can I get a home loan if I have bad credit and past debt?

Posted on September 12, 2009 by admin

KellyR asked: Can I get approved for a home loan if I have bad credit and past debt that I haven’t paid off yet. My husband and I have some credit cards that has gone to collections. We are slowly … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , | 1 Comment

modification of mortage loag?

Posted on September 8, 2009 by admin

Y S asked: My parents have two properties that they refianced approximately 5 years ago. They are the adjustable rate type loans that give you four options to choose a payment. My parents do not know how to read and … Continue reading →

Posted in Personal Finance | Tagged , , , | 2 Comments

My Experian Credit Score is 644, my Equifax is 617. Which one is right?

Posted on September 5, 2009 by admin

*~*Your Dream Come True*~* asked: I am getting married soon. My fiance and I have about the same credit scores. Which one is right for mine? Also, will it be hard to get a loan for mortage with our credit … Continue reading →

Posted in Credit | Tagged , , , , , , | 8 Comments

Is it difficult to get a mortage when?

Posted on September 3, 2009 by admin

Pretty D asked: both my boyfriend and I want to buy a house together does it matter if he has a loan out for 20 grand and I have no loans out. Will this affect our chances of getting a … Continue reading →

Posted in Renting & Real Estate | Tagged , , , | Leave a comment

Why are mortgage loan interest rates higher for fixed rate mortgages held for longer periods of time?

Posted on September 2, 2009 by admin

Esq asked: I am sorry if this sounds like a dumb question, but I don’t understand. For example, why are 30 year fixed mortgage rates the highest mortgage rates, vs say a 15, and why are 15 year fixed rate … Continue reading →

Posted in Renting & Real Estate | Tagged , , , , , , , , , , , , , , | 3 Comments