Archive for August, 2010

If i own a house, with a lot next door with 2 seperate mortgage loans, how can i turn it into 1 payment?

Posted in Renting & Real Estate on 08/30/2010 07:47 pm by admin
2ManyQuestions asked:


I own a home, and i own the lot next door which has nothing built on it. They are both financed by different banks. I would like to get both of them and have 1 mortgage payment, like a re-fi for both of them in 1 note. I was told that i needed to re-plat my land in order for this to be possible. What suggestions do you have? I wanted to get money out of this to pay off debts that i have, but with the refi it problably wont be enough. if my home appraisal comes out higher than what i bought it for, should i sell it to my common law wife to get that extra cash?

Ann
 

Is it getting harder for people to get approved for a mortgage?

Posted in Renting & Real Estate on 08/30/2010 11:06 am by admin
$millmind$ asked:


I here that it is getting harder for people to qualify for a mortgage loan.That a lot of guidlines are getting tighter. Who now knows the real scoop on the mortgage industry. Who qualifies and who don’t? Is investment properties harder to get whats the deal. I believe people talk to much to scare consumers. If so I understand because there are lots of forclosures so banks are trying to avoid those deals. And bring more stable ones.

Ray
 

How do I show proof of interest income w/o a 1099 to a mortgage broker?

Posted in Other - Taxes on 08/26/2010 03:57 pm by admin
npboutros asked:


I made a few thousand dolars online with companies based out of the country. Legitamate profits that are now sitting in my bank of america account. I am trying to qualify for a mortgage loan and I need to show more income. How do I show my monthly income from sources outside the country? What documentation do I need? these companies do not send out 1099 to the american government.

Annie
 

Ameriquest mortgage company commercial

Posted in Entertainment on 08/23/2010 02:58 am by admin
elv2003 asked:


Ameriquest mortgage company commercial

Raymond

 

What is the average life of a mortgage loan?

Posted in Renting & Real Estate on 08/19/2010 07:20 pm by admin
Jewelinbend asked:


I need a verifiable source to quote any answers to this question.

Greg
 

How would I be able to convince someone to obtain a Mortgage loan?

Posted in Personal Finance on 08/16/2010 01:27 pm by admin
JESS asked:


What kind of information should I tell them to convince them to obtain a loan? Please Professionals with a lot of experience would be helpful and i would really appreciate it.

Jacob
 

Can I Sue a bank for mortgage loan?

Posted in Renting & Real Estate on 08/16/2010 12:43 pm by admin
ali h asked:


I have a mortgage loan and the bank was supposed to pay the builder or owner on a monthly baises and pay the last installment when I recived the building. Although I expressed my self on the phone and on an email that I need to make sure that the last payment should not be paid untill I offically recive the apartment. The bank whent on and payed the last payment and and the handover was supposed to be in December 08 I have still not recived my apartment?

Can I sue?

Francisco

 

Mortgage Loans Change in Economic Crisis

Posted in Education on 08/15/2010 08:13 pm by admin
ExpertRealEstateTips asked:


With the real estate market in decline, mortgage lenders are stricter about requirements for loans. Do you need a bigger down payment, a better credit score, or more solid work history? How has qualifying changed and what do you need to know in order to qualify for a mortgage loan in today’s tough market? Watch this Expert Real Estate Tips segment to find out more about what mortgage lenders require.

Randy

 

COMPARE MORTGAGE RATE-REFINANCE-MORTGAGE LOANS-HOME EQUITY LOANS-HOME LOANS VISIT US NOW AND APPLY ONLINE NO FEES GUARANTEED APPROVAL

Posted in Construction Loans on 08/15/2010 07:29 am by admin
Boundary5694774644 asked:


COMPARE MORTGAGE RATE-REFINANCE-MORTGAGE LOANS-HOME EQUITY LOANS-HOME LOANS VISIT US NOW AND APPLY ONLINE NO FEES GUARANTEED APPROVAL If you’re looking for a low payment and the security of a rate that won’t change for the life of your mortgage, the 30-year fixed is probably right for you….

Sally

 

How do you transfer a mortgage loan to another person?

Posted in Renting & Real Estate on 08/10/2010 01:24 pm by admin
alexandrajo asked:


My friend’s name is in the title of her house but the loan isn’t. It’s in her father’s name. Now she wants it to be transferred to her name. What is the process involved?
I forgot to mention that the loan balance is higher than the market value of the house.

Ruth
 
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