scheeljason asked: I don’t have poor credit but my wife’s is good. We are wanting to buy a house at the end of the year. We are have been slowly trying to fix my credit but it takes time. Will we be able to get a home lone? What can we do to ensure that [...]
Kate373 asked: My parents bought their home 4 years ago at a 4% rate, which is due to change next year when their loan rate. With the market crunch and the new strict lending that’s bound to occur as a result of this, they are worried about what refinancing has in store for them. The [...]
Pam asked: I am looking at buying a co-op. I was given the number of a mortgage broker but I have read mixed reviews about using one. What should I look for in a good mortgage broker and what should I spot in one that is trying to take advantage of me. I know that [...]
stacey b asked: My loan penalty will be over in Feb.2008, from fix at 10% for $5292 a month, after that it will be adjustiable rate. I can’t refinance for lower rate because of self employed and low credit score. wonder if adjust. will be ok for me? how does adjust. work? We are in [...]
Anj asked: My husband and I are planning to purchase a new home in the next couple of months. I know that traditionally, without 20% down payment, banks require you to pay PMI. While I understand the bank’s perspective on this, as a buyer – it seems like money thrown to the wind every month. [...]
CatDad asked: I’m self-employed and I have an exceptional credit rating: Equifax FICO is 802 and TransUnion is 789……Does anyone know if I can get a fixed mortage for, say 100K, based entirely on my credit score?Bertha
nevek_1 asked: I have good (over 700) credit. I am not behind on my mortgage. I have a fixed rate on my house. But I hear all the advertisements for loan modifications for people in trouble. I am upside down on my mortgage,, How can I get my loan amount reduced?Vicki
SB1976 asked: I bought my house five years ago. I’ve got a 30 year fixed rate at 5.5%. My mortgage company is Well’s Fargo. Every month, in addition to my payment, I pay into an escrow account plus $50.00 for mortgage insurance. Can somebody tell me exactly what this “mortgage insurance” is. My credit rating [...]
lindsay asked: I want to refinance to get low interest on a 2nd mortgage I have. I owe 36K on the first & 48K on the second. My first mortgage has a fixed rate of 5.5 but the second is fixed at 7.65. Both loans are with the same mortage co. & I would like [...]
imjetguer asked: What are my options? I don’t want to lose my home because of the rates going up. I would like to refinance it into a fixed rate. Anyone have any good advice? imjetguer@yahoo.com only $125,000Chad