Betty T asked:


my husband brings in the most benefits as we are pensioners if anything happens him would i have the same payout

Marilyn

Juan H asked:


I see loans that read that the Mortgage rate is for examples @ 6.125% with 1.5 points, then next to it one that reads Mortage rate 6.5% with 0 points. Which is better?

Patrick

nana asked:

What is an FHA loans and are they better than a regular loan?

If I am purchasing a house that is 180,000 and i have an FHA loan and the interest is 6% what would be my monthly mortgage?

Lois

Ally asked:

what is an average interest rate for a 200,000 home loan???

Milton

PhotoMan asked:


Doesn’t make any sense to figure what I can afford based on what I earn BEFORE the government takes their cut. Why don’t they do it based on what I have left over?

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Praveen Pradeep asked:


My parents are considering refinancing. Should they do it now or wait a few months?

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Just Me asked:


I want to build a small house in a rural area but I am single and don’t make a lot of money. Are there any special lower-interest loans available that I might qualify for?

(If students can get scholorships for school I was thinking there might be special programs out there to help people to buy/build homes. This would not be my first home so I guess I wouldn’t qualify for Fannie Mae)

This is really mportant to me so please let me know if you have any information on mortgage/construction loans that might help me. Thank you!

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samsrei asked:


Im looking to attract more clients and I was wondering for any loan officers who have done it, if putting in a 3 lined ad in a 200k circulated paper might be good for attracting promising clients. If so whats the guestimated number of calls that you have recieved from putting it in the sunday edition, and what are some reccomended tips on whats to say in the ad? “We will work with you”? “100% FHA financed”?

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YoungGirl asked:


I have two loans- 441,000.00 and 77,000.00. House is only worth about 520,000.00. I need to get out of it asap. Can I offer the lender of the second mortgage some money to get out of it before I do a short sale on the first? I was thinking about $1000 to $5000. Thanks! I need all the answers I can get.
I owe 520k, it may only sell for that amount if I’m lucky, definitely not more. Can I please have people with experience in this answer the question. I’ve read that in some short sales, the second mortgagee gets zero.

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Eddy T asked:


stable property value ensure demand for it. Prompt repayments of monthly instalments by mortgagors also enhance the property value and demand. Banks can also create new loans to house buyers. And preventing a bubble in the housing market.
Why is it important to ensure that the property value and loan repayment is promptly paid?

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