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Archive for February, 2009

 

When applying for a home mortgage loan is it better to say you have found the home or that you haven’t?

Friday, February 20th, 2009
Trianna737 asked:


Just wondering when they ask you if you have found the home you were looking for or if you are still looking, which is better to say or does it matter? I’m a first time buyer looking for the best rate out there. Any suggestions?

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Is it possible to find a private mortgage loan with poor credit?

Friday, February 20th, 2009
Shawn asked:


Currently renting and the home owner is putting the house up for a short sale at 60% less then the original value of the home. But our credit is terrible. However we have a solid income.

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What type of mortgage loan should I be looking for?

Friday, February 20th, 2009
Matthew O asked:


I am buying a condo and headed back to law school. I will be trying to resell this condo after 3 years, maybe 4 depending on my program. Should I be looking for a 30 year fixed? I’m looking to keep my payments low…what does everyone suggest?

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Why should I trust the advice of a mortgage loan professional?

Friday, February 20th, 2009
econqwest asked:


I have asked this question before - I would like to see if anything has changed.

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how does one find out when a bank bought their existing mortgage loan since the bank is not the originator?

Thursday, February 19th, 2009
Godis3inOne asked:


Deustche bank is seeking foreclosure and they were not the ones who owned the loan. It’s against Florida law to buy a loan when it is in default. Help anyone.
many loans are not with the originator but that was not my question. I read that it is against the law to purchase a loan after it is in default. I needed to know how I can find out WHEN they bought the loan. Isn’t public record?

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can a mortgage loan amount be more than the actual purchase price of the house?

Wednesday, February 18th, 2009
Cup asked:


wondering if you can use the excess money to pay off other debts, kind of like a reverse re-finance.

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With a lien on my vehicle,can I apply for a mortgage loan?

Tuesday, February 17th, 2009
Linda K asked:


I took out a loan to pay off credit card debt.I have a lien on my auto because of this.Would I qualify for a home morgage loan with this lien?

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I am a beginning Mortgage Loan Officer and I would like ideas on how to advertise to Realtors?

Monday, February 16th, 2009
Nica Bella asked:


I am interested in putting flyers together but I dont know what would catch a realtors attention. Also putting one together for potential home buyers Please help

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I have a mortgage loan with American Home Mortgage that filed bankruptcy sometime last year? What should I do?

Monday, February 16th, 2009
queen4one asked:


I have a 3-year ARM but terms of it is about expire before the 3 years. I want to refinance. Will the new law that recently passed help me?

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Anyone see that Dodd may be in trouble with a personal mortgage loan?

Saturday, February 14th, 2009
punkydoodle218 asked:


Last night on the news it was stated that there are allegations against Dodd about getting favors when he remortgaged two properties he owns…he is so far refusing to turn over the paper work on that loan.

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