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Monthly Archives: January 2010
Can I still apply for another mortgage loan, while having another under my name?
CP asked: Hi, I need some advice. I purchased a house three years ago for my parents/family, under my name, due to me having a better credit score(parents had their credit ruined from a previous loan). Now, my parents are … Continue reading
Posted in Personal Finance
Tagged Advice, Credit Score, Debt Ratio, House Mortgage, Income Ratio, Mortage, Mortgage Loan, Parents Family
7 Comments
2nd Mortgage Equity
M Robert asked: At the time of selling house, when borrower receives a favorable interest rate from a lender in replace for a portion of the profits, it is known as a mortgage. In other means it is a procedure, … Continue reading
When to Get a Mortgage Refinance
Kevin Sorbo asked: With all of the mortgage problems that you hear about in the news lately combined with the lower interest rates we are seeing today, many people are wondering whether refinancing your mortgage is a good idea or … Continue reading
Posted in Mortgage
Tagged Debt Consolidation, Existing Mortgage, High Interest Credit Cards, Interest Credit Cards, Loan Originator, Mortgage Problems, Mortgage Rate, Mortgage Refinance, New Mortgage, Pointers, Refinance Mortgage, Right Decision, Saving Money, Student Loans, Tax Deduction
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Will my ‘very poor’ credit score hinder me from being able to take out a loan?
chelsncurt asked: All of my debt is unpaid medical bills. other than that i would say i have no credit seeing as i have never paid a mortage or car payment or even credit card. My current score is a … Continue reading
Posted in Credit
Tagged Car Payment, Credit Card, Creditors, Current, Debts, Getting A Loan, Medicals, Mortage, Poor Credit Score, Unpaid Medical Bills
12 Comments
Getting divorced – need to buy my wife out of the house, what is easiest way?
natman asked: My wife and I are getting divorced. We currently owe 180K on the mortgage and we just got an appraised value of $250. I want to keep the house and buy her out of the equity which would … Continue reading
Posted in Renting & Real Estate
Tagged 35k, Advice, Buy House, Current, House Wife, Mortage Lender, Mortgage
5 Comments