Jan
17
Suzie asked:
I am trying to apply for a mortgage loan to get a house. I just got out of the military and was deployed for 3 of the 4 years and sometimes I didn’t pay bills. How do I explain that. I have already started to pay bills off and fix my credit.
Posted in mortgage loans Fix My Credit Mortgage Loan Company Pay Bills
Jan
10
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 question from another one that was posted previous to this one, and I was just wondering if this could really happen.
Posted in mortgage loans Interest Mortgage Mortgage Loan Sydney
Dec
27
Gregory asked:
I just lost my job of 5 years and have a mortgage loan of which I am sure I will not be able to pay soon. I am thinking of seeking the help of a mortgage loan modification company. Would like to know the benefits since I think I can do this thing by myself. Any help will be appreciated.
Posted in mortgage loans Job Lost Mortgage Loan Modification
Dec
07
Kai asked:
I heard on NPR that mortgage brokers who made a lot of money during the housing boom are now making a lot of money doing loan modifications. How is loan modification lucrative? How do people get paid to do loan modifications?
Posted in mortgage loans Money Loan Mortgage Brokers Npr
Dec
07
Bill T asked:
My mortgage loan has been approved, but I have to wait for an underwriting at this point. Can you explain what does it mean?
Posted in mortgage loans Loan Mortgage Mortgage Loan
Dec
07
mcoopd1 asked:
have spent 3-4 week trying to refinance my mortgage loan & each time the loan officer I’m working with promises me that he is the person that can get my loan done…but it really comes down to the underwriter decision. Why can I just work with an underwriter instead of a loan officer? It will say sooo much time!
Posted in mortgage loans Mortgage Loan Mortgage Underwriter Refinance Mortgage
Dec
04
truthsense asked: I am looking at buying a property for 180,000. This is my first home and I can put down only 5-10%. My salary is 55,000 per year and I have a small business online that generates 20,000 per year. The property is a 5 unit apartment complex with all units currently rented and producing 2380 in monthly income currently. The total costs involved in the property if I were to own it would be 2000 per month. Should I get approved for the loan?
I have good credit but I am not sure what the rule of thumb is for a mortgage loan amount and its ratio to my income. Anybody with home buying experience that can give me some insight?
Posted in mortgage loans Buying A Property Mortgage Loan Small Business
Dec
02
ittytrex asked:
We have (2) loans, our mortgage and a line of credit on our home equity. My husband lost his job and we were trying to keep up the payments on our mortgage. When he paid a payment he used a payment coupon for the mortgage loan. Instead of applying the whole payment to our mortgage, the bank put some of the payment towards (1) month of the mortgage loan and the rest towards the home equity loan. So now we are still (1) month behind on our mortgage payment and the home equity loan is paid for about (4) months ahead of time. We are trying our best to keep this house.
Yes my husband used a payment coupon with the loan number on it and he received a receipt for the amount and the loan number was on the receipt also.
Posted in mortgage loans loans Mortgage Bank Receipt
Dec
01
school_daze_47 asked:
I’m looking for a house in the Ft Wayne IN area, probably in the less than $20,000 range. I am a first-time home buyer. Is it possible to get a mortgage for an amount this low, assuming the property is of course assessed for at least the amount of the loan? Why kind of down payment and closing costs should I expect to pay? Thanks for any help!
Posted in mortgage loans Closing Costs First Time Home Buyer Mortgage Loan
Nov
21
**k** asked:
Is there a certain day that banks add interest to mortgage loans? I am currently have a mortgage loan with Chase Bank.
Posted in mortgage loans Mortgage Bank Mortgage Loan mortgage loans
