Chloe asked:


What are the other payments that would have to be made when getting a mortgage?

June

M G asked:


I have mortgage payment, two car payments and student loan. I don’t know anything about refinancing and I was wondering if I should consolidate my mortgage, two car payments and student loan.
I still have 4 more years for my cars and $50000 of student loan.

Darlene

Jennifer M asked:


I have a signed loan commitment from the bank with a contingency addendum - can the bank add to that addendum after the commitment papers have been signed?

Jeanette

Debbie W asked:


the property needs some work but is a good investment
i really need to find who can finance this loan for me

Danny

Jenn asked:


And how are each compensated? Are all paid a commission?

Sam

kk asked:


I am not sure what is a better home loan option:
5.75% no pts, pay closing or
6.125% no points and no closing cost?

Michael

hendu2875 asked:


She wants to buy it, but can’t get a loan. She’d like do to a land contract. BUT, since i have a Mortgage, in order to do a land contract, wouldn’t i have to pay my mortage and HE off? Doesn’t the renter become the owner when the land contract is done? Which means, I’d have to pay the mortgage and HE off in order for her to have a clean title?

Philip

mickeymouse_96 asked:


I was thinking about getting a mobile home but I had heard that a mobile home mortgage is the same as a car loan. I found a mobile home for 115,000 would that qualify for a home mortgage since it is a very high amount?

Claudia

Aulede25 asked:


Here is the scenario, I am considering purchasing a home based day care for $680k. the day care is $180K and the seller will carry the note. The home is the other $500K. Can I use an SBA loan for $100K to use as a 20% down payment on a residential mortgage. Then I could put 10-20% ($10-$20K) down and purchase the entire package?

Tim

Randy T asked:


I am a first time home buyer. I have a house already ready to purchase for 204k. I will be putting 20 percent down and I will be needing approximately 163k. I am trying to go through Wells Fargo or Wachovia for the home loan because I was denied from the other mortgage company because I had 3 credit lines and they need 4 credit lines to be approved.

How many credits lines is required for wells fargo or wachovia to qualify?

Laurie