We live in Minnesota. We just want to lower our interest rate, and lock in for 30 years.
Posts Tagged ‘Mortgage’
Realtors, home loans, mortgage consultants PLEASE HELP. Question about a shorty sale?
06
Jun
I offered the exact asking price on 2 different short sale homes today. What are my chances of the bank accepting at least one of the offers
and how long does it or could it take to respond to these offers. I know nothing if exact, but a rough typical estimate would be nice. THANK YOU SO MUCH!
I was told putting in offers on 2 seperate houses was ok. I could easily decline my offer on one. (Just a response to the 1st person who answered my question). i was told by my realtor.
Will I be able to get a home equity loan if I am currently in a forebearance agreement with my mortgage?
02
Jun
We will be listed as “entering foreclosure” until September, but have already made 5 consecutive payments into the forebearance plan, including a large down payment. However, in order to get our finances in order and pay education costs, we need to take out a home equity loan. Will lenders approve the loan (if we have one great credit score, one bad, and a good income) in our current state? Or would it be rejected outright?
Penalty for home mortgage loan false application in Caliornia?
02
Jun
What will a bank do with evidence of loan fraud for a home mortgage?
Why aren’t the mortgage companies and Banks resetting home loans to current value?
30
May
I was told that the mortgage companies and banks are going to reset (re-write) home loans starting on Oct 1st. Why are they waiting so long? If they re-set the loans now they will receive monthly payments and people will stay in their homes. If they continue to wait until oct 1st more people will be walking out on their homes cause they cant make the higher payments.
This same greed has caused the problem, the banks should take what they can now and not loose more money.
how of much could i get on a home mortgage loan?
28
May
I’m thinking of buying my first home next year in sacramento. I’m hoping to see a significant drop from current prices. I make the median income (~$54,000). In 1 year, I’ll have ~$35,000 in savings and ~$5,000 in my 401k. I’m 23 years old and have been working at my job for 1 year now. I currently have a credit score of 780. My only debt is $8,000 in student loan at 4.5% interest. I’m willing to make monthly payments of ~$2,200. I might move in a few years. What kind of a loan can I get? Which programs are best for my situation?
Thank you for reading.
Is it hard to get zero-down or 3 percent down mortgage loans now?
27
May
I have good credit and stable job, and I just refinanced my current home at 4.65% fixed for 30 yrs and really lowered my payment. I’d like turn this current home into an investment property and then buy another home with zero or 3 percent down, 5 percent down, etc. Is it difficult at this time?
First Mortgage, need lenders opinion?
25
May
We recently signed on to purchase our first home. We went with an FHA loan and used the builders lender. Last week we were told the loan was out of underwriting and they sent us a letter that we were approved with conditions. The conditions were just a letter stating we had not obtained any new loans or credit and they asked how I obtained the money for down payment. I had clarified this with the loan officer in the begining that I was taking a residential loan from my 401k. I get to repay myself the ineterst and its only $50 a pay period, Im paying myself. They started asking questions about this and wanted the terms of the loan. Today I was told that the info we provided was being sent to underwriting again and should be back in a couple days. She said she did not forsee any problems but she did not give the final approval. Her words started the worrying again for me, I thought it was a done deal. Is it possible we could still not get approved?
Is it wise to refinance your home mortgage to consolidate auto loans?
25
May
My gut answer to this is no. I tend to think that a refi on my home mortgage for 30 years to consolidate a 4 -5 year auto loan only extends my payments and in another 5 years or so I will have to get another auto. Would a 2nd mtg or line of credit for the auto loan be wiser?
Which mortgage company offers home loans to foreign nationals?
24
May
I would be very grateful if you could provide me with contact information of mortgage brokers who could help me with my requirement. A-2 visa holder with excellent credit – over 770 is looking for home financing in Northern Virginia.
Is it worth it to pay off your home mortgage loan?
22
May
I am paying 6% interest rate and the balance is 120K. If I get that amount of money, is it better to pay off the loan or put the money aside for investing?