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Archive for the ‘Mortgage’ Category

 

How Much Damage does a Mortgage default Do to Your Credit rating?

Sunday, June 21st, 2009
intrepid1 asked:


Would you care to obtain another mortgage down the road? Anyone know about an agreement to stop the loss of the mortgage company to eat some costs so you can sell your house? I've also heard if the PMI insurance covers 20% of the loss to the bank then you have to pay income tax on that money, is that true? Thank you.

Charlene

 

What type of mortgage should I get?

Sunday, June 21st, 2009
Bob K asked:


I plan to buy a horizontal property $ 500,000 with 30% down and I am planning to pay off the balance in about 2 to 3 years. Cu? L be? To the best type of mortgage for me? (Ie. the ARM to FRM?) Thanks.

Karl

 

What happens if you put your house up as collateral for a 2nd mortgage?

Saturday, June 20th, 2009
waddle02 asked:


Say that the 2nd mortgage is substantially less than the value of the house. Let 's say that the value of the house is? in $ 300k, and the first mortgage (which is "in the house) is $ 40K left. You take a home equity of $ 20k. Qu? happens if you default on home equity, since? l can not rule in her house because the value is much more? s high that the amount borrowed.

Harold

 

How soon can the stimulus bill come into effect to lower the mortgage rates?

Saturday, June 20th, 2009
Randy T asked:


Ive law? that account is? mule to help? to pr? stamos mortgage offering tax refunds m? s high and mortgage rates down to 4%. • When will this happen?

Herbert

 

What affect will the government bailout have on future mortgage rates?

Saturday, June 20th, 2009
Jocelyn W asked:


We are currently building a home and won 't really secures funding until February or March 2009. ¿Down what are the rates of the likelihood of a mortgage and how Iran? We plan on setting a fee, but don 't want to wait too long before starting to climb.

Christopher

 

What happens if you get a mortgage and have a deposit but need extra money to do the house up?

Saturday, June 20th, 2009
bktfsm asked:


We 're thinking of purchasing a property and has a tank, at least the feature we' re thinking in purchasing much needed work and probably cost a lot to make up. Obviously we wouldn 't have any cash after putting it into the house so I need that extra cash. How would go about that? Can you borrow more in the mortgage or should you save a deposit and get 100% mortgage?

Randall

 

How does a mortgage for a business work?

Friday, June 19th, 2009
gabyrig asked:


I 'm thinking of opening a business and as I'm writing the plan, I would consider buying the location? Against the lease with option? Na buy or rent. ? Anyone know get a mortgage business? ? Cu? Est l? involved? ? Money down, financing, interest? S, m? Sa pr in the long term? Stamos? etc

Lydia

 

What kind of mortgage can you roll debt into?

Friday, June 19th, 2009
askaway2009 asked:


Is what kind of mortgage you are allowed to shoot in debt and even earlier to take cash out if your friend chooses … said he was borrowing from someone? N FHA and it could not do. I'm not familiar with this industry or process so please any help would be appreciated.

Eugene

 

How is my credit score affected after I get approved for a mortgage?

Thursday, June 18th, 2009
Flavia M asked:


I have been paying my new mortgage for 2 months and noticed that my credit account was down over 50 points since the mortgage loan appeared on my report. Why is that?

Paul

 

How to check as what banks are giving good mortgage interest rates ?

Thursday, June 18th, 2009
JohnPau2010 asked:


1) There are a website where we can see while qu? est banks? n giving good interest rates? s mortgage? 2)? We have to look only at the local bank where I live? • If you live in Illinois, I find a lender or a bank in IL only? 3)? Suggestions that the bank is good?

Russell
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