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Doyou have to have a big down payment for mortgage loans?

Tuesday, January 13th, 2009
mortgage loans
kekaaelias asked:


are there any first time homebuyer programs in texas that require little to no money down for a homes in texas? We have a credit score of 610

Lucille

 

How do I find a mortgage lender that does US/Canada loans?

Sunday, January 11th, 2009
mortgage loans
kyranlis asked:


My husband is Canadian, I am a US citizen and we live in the US. We want to buy a home in Canada and are looking for a mortgage lender that will do a US/Canada mortgage. Any help would be appreciated.

Jerry

 

What is the best type of mortgage loan for the lowest monthly payment?

Saturday, January 10th, 2009
mortgage loans
cantholdmd asked:


30 year fixed? 2/1 ARM? I need a loan with no PMI and low points and the lowest possible mortgage payment a month. What Im working with:

Credit score 600
Annual assets (Salary) 34500
Monthly Debt: 70
House loan amount: 106000
Available to put towards closing costs (Including down payment) 12000

Any ideas?

Troy

 

Why don’t US mortgage banks give out loans for buying a house in another country?

Saturday, January 10th, 2009
mortgage loans
zidag123 asked:


I recently wanted to purchase a house in Israel and was told that I could not receive a mortgage from a US bank for this purchase. I can’t understand this. I don’t think that they would have any trouble with foreclosure in foreigh courts so what’s the deal?

Bertha

 

What does underwriting mean for the mortgage loan?

Friday, January 9th, 2009
mortgage loans
Bill T asked:


My mortgage loan has been approved, but I have to wait for an underwriting at this point. Can you explain what does it mean?

Nathan

 

Are there Japanese banks lending at wholesale to U.S Mortgage Brokers at better rates for PRIME LOANS?

Sunday, January 4th, 2009
mortgage loans
Da Ro asked:


Having read an article that Japan’s Banks offered there depositors very little APR., are Japans banks participating in the U. S. mortgage arena even for safe Prime Loans? If so, are U.S. mortgage brokers able to participate? If so, how?

Willie

 

How to lower house payment? What is mortgage? Is it just loans from a company to lower your house payment?

Sunday, January 4th, 2009
mortgage loans
Link921 asked:


I am currently paying $3000 for my house right now and trying to lower the payment since it is too high for me. My friend told me that when you do mortage, the company is going to partially own your house or something since they are lending you money. So far I found 2
loan companies that offer loans: quickenloans.com and lendingtree.com. Are these the right companies? Am I making the right decision in trusting these companies that they could lower my house payments?

Leroy

 

Where can I find out how to create my own Mortgage Loan Processing business?

Friday, January 2nd, 2009
mortgage loans
termite asked:


I have 4 years in the Mortgage industry (with skills in ALL aspects of this business - from Loan Origination to Processing). I want to start my own business of processing mortgage loans for Mortgage Companies who do not want, or have the financial means, to hire their own staff to perform this function. I am extremely detailed with an impecable work ethic.

I am looking to find someone or some place where I can get the information I need to get started.

Jorge

 

Freddie Mac and Fannie Mae mortgage loans?

Wednesday, December 31st, 2008
mortgage loans
elmosgirl82 asked:


Is this going to help first time buyers? Now that the Federal government took over, are the interests going to be lower? I’m in the middle of buying a house, I already got pre-approved with Countrywide, is it a good idea to go to what is now controlled by the government?

Dora

 

How do i find a job as a mortgage loan officer without any mortgage experience?

Wednesday, December 31st, 2008
mortgage loans
dre_gh asked:


I currently work in a distribution center, and i have a bachelors in economics and psychology. I am interested in becoming a mortgage loan officer so i took a 24 credit hour course in residential mortgage lending but unfortunately i haven’t been able to find a job because i do not have any mortgage or lending experience. What else should i do to achieve my carer goal?

Brittany
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