06 January 2009 02:00
What do I do about car insurance when I join the military?
Jenna B asked: Do car insurance companies offer discounts on car insurance to those enlisted in the military. I’m going to be going off to the air force soon and I’ve decided i’m definately not taking my car. If I happen not...
How do I rent a car if I'm under 21 and don't have full coverage insurance?
PAL P asked: I am planning a trip and need to rent a car at my destination. I have several car companies that are willing to rent a car to me, though I’m 19, but they require full coverage car insurance, which makes sense, but the problem...
What is your car insurance responsibility to a thief's blood in your car?
Jasmine B asked: My car was broken into and the insurance company wants me to drive the car while the thief’s blood is still in it. The areas are being replaced - inner door, glove compartment hood, leather seat - The parts take 3 weeks t...
Am I required to get rental car insurance if I don't have my own auto insurance?
kiki asked: I am planning to sell my car and cancel my auto insurance. If I want to rent a car, am I required to buy their rental car insurance, since I wouldn’t have any other auto insurance otherwise?
If I use my Discover card to rent ...
Waht to ask car insurance company when discussing repairs to my car after accident?
Allan N asked: I was involved i car accident with the other driver taking the blame. My car is damaged and the other drivers insurance company will be contacting me regarding my car. What should I ask them? I am planning to ask about a hire c...
car insurance?
kelly asked: I am an international student in US and I am going to buy a car. However, I don’t know which insurance company has car insurance for international student. Can anyone tell me some infomation about it, scuh as the name of the ...
What is the least amount of car insurance I need to have on a car that doesn't have a loan on it?
Amanda asked: I live in Wisconsin and havent had insurance in about four years. I am getting married in six months and my fiance’s insurance agent said that I should get insurance now, six months before the wedding, so that once we get m...
06 January 2009 01:45
Where can I find the best mortgage deal?
Evil J.Twin asked: My partner and I are looking for a mortgage lender. We are 1st time buyers in England(midlands). We would prefer a 100% mortgage but my partner has CCJs(they are all paid off)and I currently don’t work. We have looked i...
How does the tax deduction work for mortgage interest payments?
KL asked: Is this the correct formula for the tax deduction:
Tax rate of 38.5% times all the mortgage interest I paid in the past year?
Also, If I owe $100 in taxes but my deduction is $125 (based on formula above) does that mean the govt. will...
What happens if I foreclose on my mortgage? Will they audit the file if I went stated income?
lifeagent asked: Also I have a first mortgage and also an equity line. I still have money on the equity line. If i spend that before I foreclose will I become liable for that money?gbrain.net
How hard is it to get a mortgage now? What kind of credit score do you need?
susan s asked: I’ve heard that due to all of the foreclosures mortgage companies are getting tougher.gbrain.net
Where can I find out current home mortgage rates for my area?
ohio_state98 asked: Does anyone know where I can find out the current mortgage rate averages for my geographic area? I’m looking at possibly refinancing and want to know if it would be worthwhile. Also, can I expect any costs when tryin...
What is the difference between a second mortgage and a refinance?
gwizzle2002 asked: I am financing a pool and was told by the lender that a refinance and a second mortgage are the same thing. Is that correct?gbrain.net
How can you get out of a mortgage before getting divorced?
onlyinurdreams85 asked: My friend is separated. He moved out of the house and told his wife she could have it. His wife is two payments behind on their mortgage. She told him that she is looking into filling bankruptcy. How can he get out of...
What is the best type of mortgage loan for the lowest monthly payment?
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: 10600...
How can I learn the mortgage broker business without working for a mortgage company ?
Carmen M asked: I am interested in obtaining a mortgage broker license and would like to start a business from home. I would like to find someone who can teach me the business or find out how I can learn the business, so that I don’t hav...
Mortgage Points: What's the difference between taking points and just putting more $$ down?
yodadoe asked: I’m pretty new to all this crap. If I choose to take a higher number of “mortgage points,” I reduce my interest rate. But I have to pay for that at closing, which reduces the amount I can put down. So what’...
What is the best way to get a good mortgage rate in California?
Jentleman asked: I have a friend who is buying a house. He is trying to get the best rate. There are mortgage brokers that are offering a rate that is 0.125% better than the banks. Right now, that is around 6.25% for a 30 year loan at 80% fi...
Has anyone ever heard of a mortgage lender declining a loan because the home has geo thermal ?
toots3320 asked: Three days before closing on our property, the lender decided that they would decline the loan as they noticed in the appraisal (that they had possession of for 5 weeks) that the home has geo-thermal. Our real estate agent and...
What happens to the money I have paid my mortgage lender for taxes and insurance now that they are in a BK ?
April asked: Our mortgage lender has filed for bankruptcy. Our payments to the mortgage company include principle, interest, taxes and insurance (PITI). What happens to the money we have paid towards taxes and insurance ?? Since we have pai...
What happens if I lose my job before closing on a mortgage?
hrland asked: I’m pre-approved for a mortgage and looking for a house. We want to buy quickly because my company is probably about to be taken over. I still want to buy right now because I can make payments while I look for work, if I get...
What was a bigger failure: deregulating energy companies, or deregulating the mortgage industry?
Steve asked: In the push to “get the government off our back” and “let the free market do its job,” Washington eliminated virtually all regulations on energy companies, and later did the same thing on mortgage providers ...
What are your thoughts on mortgage insurance?
Coco-bunny asked: I’m in the market for a house and read about mortgage insurance. Is it good to have and what the difference between that and homeowner’s insurance?gbrain.net
How can I get my mortgage payment and principle lower when I am paying on time?
asked: Couple of my friends have their mortgage payment and principle lower by their lender because their can’t afford it any more and they stop paying. How can I do it when I am paying mine on time all the time?gbrain.net
Do you figure mortgage payments for a 2nd mortgage the same as for a 1st mortgage?
neffykitty asked: We’re about to close on a house and we have a 1st mortgage, and then a 2nd to pay some of the down payment. This avoids PMI.
If I plug the numbers into a mortgage payment calculator, the 1st mortgage payment is the same...
