06 January 2009 01:45
Can Mortgage companies pull bank statements and verify income?
james w asked: Just want to know what information mortgage companies can and can not verify. Do they just use the information you send to them.gbrain.net
How long does it take for a mortgage company to foreclose on a house?
mzladyj01 asked: I have moved out of the house (relocated to another state) and it is hard to keep it rented. I need to know how long does it take for the mortgage company to foreclose. It is only 2 months behind right now. Or what is the fa...
What is the best way to market a new mortgage company?
spafilterorders asked: I was thinking about working under a broker in the mortgage business but, it is all commission. Since you need new customers everyday how do you find people who need a mortgage if you are not tied in with a Realtor?gbrain...
Is it possible to obtain a mortgage loan for a USA home from a foreign country?
DogJD asked: I am wondering if it is possible to obtain a LOWER interest mortgage loan by obtaining if from a foreign country? Could you give me any web site references? Thanks!
Also have you ever heard of Sydney Financial Group?
I found this...
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’...
How much interest rate would I get on my mortgage loan and how much would I pay monthly given my situation?
doesnotexist1 asked: I am a 24yo med student in Chicago looking to buy a condominium. As a student, I have no steady income but do have around $30,000 available for a 10% downpayment. My credit score is 760. Can I get a mortgage with a reasonab...
Why paying off mortgage instead of investing in the stock market?
Ron C asked: I’m confused. If a fixed mortgage is 7%, wouldn’t it be better to invest in the stock market for an average of 10% in the long run. In this case, I could have a tax deductable while gaining in the stock market. So, s...
Mortgage ?
LifeLove asked: Can I cosign on a mortgage when I have no credit? As in no bad credit, no good credit?
I would be cosigner. Hubby is the major bread winner.
I have never had a credit card, but have paid my car insurance on time always, etc.
I w...
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...
How do they determine your mortgage rate if you get a house with a friend? Do they average credit scores?
Ashley Z asked: How do they determine your mortgage rate if you are getting a house with a friend not a husband? Do they average both of your credit scores?gbrain.net
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 ...
How long after a mortgage co sells your loan does the original mortg co have to keep your documents on file?
cali asked: I purchased my home in Dec’06 and now I want a copy of the appraisal that was done then. I asked for it upon closing in December & was told it was the property of the mortgage co, so I didn’t get it but was told th...
What is happening to the mortgage industry?
mmc-1212 asked: I was just laid off from my mortgage-title company along with 25 other employees, it seems there are more layoffs coming, if anyone out there currently work or are connected with countrywide there is an other layoff coming in a ...
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
What benefits would a mortgage company have to delay the closing of a home sale?
amyann16 asked: We have been trying to purchase a home for the last 5 months. We are being told by the seller’s realtor that the seller’s mortgage company is not responding to their repeated attempts to finish the closing deal. Th...
How do Mortgage loan officers make their money?
Bri up asked: I’m getting a mortgage loan through a mortgage company but the guy that is giving me the loan seems a little bit to excited. How much money is he making off of the loan of 170,000 and what should I look out for?gbrain.net
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 ...
Mortgage?
YEEH! asked: I recently got a letter from my bank saying I owed them $199 from “late payments” on my mortgage. (you know how your mortgage is due and if you pay it late they tack on a charge) Well, everytime my husband went to pay o...
What documents do I need to apply for mortgage restructure from my bank?
EdC asked: I am in the process of preparing to take advantage of the $400B home owner rescue package that will be signed by President soon. I need to apply to my mortgage company for restructure of my mortgage to lower my payments. What documen...
How does your credit rating affect getting a mortgage?
katyelizabeth1983 asked: My husband already has a mortgage and although his isnt great its better than mine, I have a very poor credit score with a ccj and a few defaults. I f we were to apply for a joint mortgage how would this affect the resu...
I have two question mortgage interest and the rebate check?
stephanie b asked: I have decided against itemizing because I get a better deduction with the standard deduction So….If I have to file a schedule B rather than a schedule A for my mortgage interest how can I do that. Im using tax slayer w...
What's the best mortgage company for someone with a largew downpayment and great credit score?
jimbob asked: I’m looking for low rates on a 30 year fixed with low closing costs and no BS. Anybody had any good experiences with reputable mortgage companies out there that would fit my profile and needs? Thanks.gbrain.net
