Home Mortgage Facts For Home Buyers Or Exisiting Home Owners
Posted December 31st, 2009Ken Black asked: When it comes to getting the house that you have been seeking, or leveraging the equity in your existing home to get the things in life you need, you will find that there are a number of different Home Mortgages designed to meet your credit needs.Buying a home is one of the [...]
should i refinance my second loan?
Posted December 31st, 2009anthony asked: my first loan is 300k i have 27 years left at 5.75 fixed.
my second mortage is 53k its a 15/30 balloon at 8.6% fixed. my min. payment is 459 and in 15 years i will owe 35k.
my house will appraise for about 390-415k maybe more.
i can get a line [...]
Pay off mortage early?
Posted December 25th, 2009Jobsite asked: I have a 15 year fixed rate mortage at 7.5% that I have about 4 years left on. My balance is $23,000 and over this time I will have paid $3,700 in interest. Should I pay it off? Seems to me that leaving the $23,000 in the bank even at a minimal [...]
is it a good idea to consolidate your debts?
Posted December 13th, 2009Paco asked: I have a car payment and a personal loan payment, im in the process of buying a house and im thinking on consolidating all my debts including the mortage payment, is it a good decision?Keith
Do I have to pay for Title Company error?
Posted December 6th, 2009wag314 asked: I closed on a refinance mortage and supposedly paid off a previous second mortgage, only to find out that the payoff amount was incorrect on the closing statement. I understand that I would need to pay it if it was still outstanding, but instead the difference was paid by the title company [...]
How much does “pulling your credit” hurt you?
Posted December 3rd, 2009Skibunnie123 asked: How much can you have companies pull your credit before it starts hurting you? I know many are deamed a “soft hit” on your credit, but does this actually take away points? I have a construction loan right now and plan on purchasing a mortage after my home is built, but [...]
House loan questions?
Posted December 1st, 2009Fort Sill Army Wife asked: My husband and I are thinking of buying a house. We go tonight to sign the purchase contract. My question is, our realtor agent told us we were approved for our loan, my husband spoke to the loan agent on the phone. Has anyone been approved this way? I asked [...]