Posts Tagged ‘Fixed Rate Mortgage’

How Do I Not get Ripped Off By a Mortgage Broker?

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 [...]

I have high credit score. I need 30 or 25 year fixed rate mortgage using low doc method. I am retired. no incm

TODJ asked: I am looking for best possible mortgage interest rate with no expese and no prepayment penalty. Who has this loan in San Jose

Is there a way to avoid paying outrageous PMI if you plan to finance 100% of a new home?

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. [...]

I want to refinance my ARM to a fixed rate mortgage, what are the steps to take?

Claudio F asked: I want to refinance my ARM to a fixed rate mortgage, what are the steps to take? I have $67,934 mortgage+ $22,000 home equity loan=$89,934. I want to pay it off in 15-22 years. My credit score is 707. The house is worth only $75k now. We want to stay in the [...]