06 January 2009 01:00
How do I calculate mortgage payments when buying a home from a family member?
Y? asked: We are thinking of purchasing a house from my father. Instead of using a mortgage broker or bank, he suggested using a lawyer to set up monthly mortgage payments directly to him. We would still buy the house, and it would be in our na...
How often do mortgage comapnies use the 4506 t form to very info. Always or hardly ever when buying a home?
james w asked: If you provide the mortgage company with all the requested info do they typically follow up on that. Does it vary from company to company or is it a common practice for them to execute the 4506t form. Also, has anyone everheard...
What happens to the second mortgage when the first mortgage forecloses?
Painted Jezebel asked: I am going through a foreclosure on my first mortgage, what are my options with dealing with the second mortgage? Any legitimate websites with guides for dealing with the aftermath of foreclosure would also be appreciated...
How much mortgage debt is there in the USA?
PrimeConcern asked: Given all the worries about credit in this country, and subprime mortgages, I was curious as to what the entire amount of home mortgage debt is. There are about 110 million households in the country, with 70% of them owned ...
Can I get a refinanced mortgage if i start a home business with no employees and still work my regular job?
sammus asked: I want to refinance my mortgage and I want to start a home business before doing so. It would have no employees and I would still keep my current job. My home business will not require any due balances or credit lines to increase...
What happens to a second mortgage when a home is purchased at a foreclosure auction?
buad0118 asked: I am going to bid on a house at foreclosure and it has a 1st mortgage of $280K and a second of $70K. The lender on the first two mortgages is Decision One Mortgage. The lender at foreclosure is Countrywide. Does this mean tha...
mortgage?
bjm_116 asked: if i buy a home of $350,000 detached / semidetached and 10,000 down payment then how much mortgage will i have to pay every month????
thanks for the answers well if not 10,000 then wat abt 20 or 25 ?gbrain.net
05 January 2009 08:00
Does anyone know how to go about refinancing a Auto Loan?
Precious asked: Even with bad credit… and about how much would it save me a month?
I’ve had the loan for 2 yrs and consistantly made full payments until just recently when I fell behind.gbrain.net
what are my options on a high interest rate on a car loan, my credit is not good, so refinancing is impossible
Sydney B asked: My credit is fair and the banks won’t refinance my car loan wich is now @ 24.95%, this is too high for me. i need to know what happens is i turn the car in or what other options do i have?gbrain.net
What your advice on car refinancing?
Bones00 asked: I just bought this ‘06 Hyundai Sonota in february. I was used though with 12,000 miles on its odometer. I ended up with a 17% interest rate. I know I’m a sucker but I kinda fell in love with the car. What’s ...
Why are home appraisals different when they are for refinancing purposes?
littlec asked: We paid to have a home appraisal done ourselves to get a true market value of our property and also our mortgage was due. I knew that the bank would request a 2nd appraisal anyway, but they were paying for it. They used the sam...
How much can a loan agent make when refinancing a loan?
Sunny Michael asked: I live in California, and I just refinance my mortgage. I found out that the mortgage processing company made about 1.2% commission of the loan amount. How much can a loan agent make? If the loan is $1 million, the agent co...
I am refinancing my car and was wondering if paying off my credit card will get me a better interest rate ?
Superstar asked: Will paying off my $900 balance on my credit card get me a better interest interest rate when I am about to refinance my car? should I close any open accounts that I never use before applying to refinance? My current interest r...
I have an ARM and lost my job 1-year ago. What is the best way to approach refinancing?
Steve P asked: Should I try to get a streamline refi with my current lender and avoid disclosure of my income loss? Or should I approach the lender as as a hardship case looking to avoid foreclosure. I have not missed any payments.gbrain.net
Mortgage refinancing- do it now, or wait? What direction are rates currently projecting on going?
Mortel_LS asked: Would it be better to refinance now at about 6.5% fixed for 30 years, or wait a few months? What’s the rate outlook? This is for New York.gbrain.net
MY dad messed up by refinancing everything, we have no money to pay for anything. what should i do?
need to get back on my feet asked: He messed up our whole families lives by refinancing. he didnt know the interest would be higher and now he cant pay for it.. he is waiting to die so we can use his life insurance to at least pay for partially...
Should I trade my car before or after refinancing?
kakilakslick asked: The value of my current car is more than the price of the car I want. I know the negative equity will be added to the price of the new car. Is it better to refinance the car before I trade it in or after.gbrain.net
How to go about refinancing my mortgage?
mattysmom22 asked: I have bad credit, my mom financed a home for me. at the time, 3mos ago, her credit score was like 620 but she had bad debt that was paid off right before getting this loan leaving her with no outstanding debt, save for the n...
Refinancing a mortgage with an already low interest rate?
Leo G asked: I have a 30yr fixed 4.93% interest on my 140k home, I currently owe 130k. My monthly mortgage is $1.116. If I refinance, according to several sources, I can lower my monthly bill to the 700-800 range. How is this possible if I wou...
How often is refinancing an auto loan acceptable?
rmcgeelsu asked: I just refinanced my auto loan 2 months ago from 22% to 18%, I think i can get a better rate now. Should I do it or would this hurt my credit? thanks for the help… score went from 590 to 655 now in two months!! (after 1 y...
Whats a good FICO score in reguards to refinancing a home. What is the bottom of the good range?
larryandshaunafuller asked: Also when do you get to excellent? Next, with a 640 FICO score, perfect payment history but not good D.T.I. what kind of rate can expect? Thanks everyone!
and yes Im working on the old score!gbrain.net
refinancing?
smiles_amile asked: me & boyfriend on mortgage, I ‘ve ran into some problems (health issues etc) and I need get off mortgage, do you foresee it being a problem being taken off mortgage?? boyfriend has good credit.gbrain.net
Refinancing?
jesslynair asked: Since the interest rate is low now, i’m thinking of refinancing my house. But I have no idea what to do or where to start, e.g. should I look for a bank (fiancial institute) that offers lower rate and contact them; what ...
what are the standard GFE for refinancing?
yahoooo! asked: I need to refinance in different state although I live in california - is there a big difference in the estimate? What should I look for in terms of legality and good rates. I have good credit though. Thanks for your answer and ...
What are the beneficials of refinancing a house?
vany3 asked: I have a year with my house but my payment went up from 640 to 1000 because they add me this years house taxes, I want to lower my payment is a good idea to refinance the house to lower my payment?gbrain.net
