Archive for September, 2010

What’s the difference between doing a mortgage loan modification and a refinance?

Sweet n Sour asked:


Do they lower the rates by the same amount and charge the same fees?

Esther
 

How can foreigners apply for house mortgage loan in Washington?

Seeker asked:


What are the bank requirements? Do banks need certain visa or just bank statements? And how long the do the process approximately take?

Milton
 

What is the sup prime mortgage loan crisis?

Stilllearnin asked:


What is the Prime lending rate? Who are the leading sup prime lenders? Please answer all three questions.

Ricky
 

When applying for a mortgage loan do they actually check your savings balance?

naughtee_kittee asked:


I know this is crazy but I don’t have money in my savings, but here I am ready to buy a home with my husband. So do the banks or creditors actually check into your savings and checking accounts to see how much money you have?
If so, I might have to wait and that will ****.

James
 

First Time Home Buyers Minnestoa Mortgage Loans

coachstrusz asked:


Mortgage Education, How the banks get there #’s I just learned I can do loans in Wisconsin I’m very excited about that, I am from Appleton Give me a shout on my cell phone if you have any mortgage questions at all 651-230-6595

Vivian

 

What should I do about my current mortgage?

Sandra asked:


I am currently tied up in a mortgage loan with my current residence. I have been looking to purchase another home, but I am unsure what to do with my current residence with the market being so poor. Would my best option be to rent the home, sale on a land contract or just wait until I sell the home to move forward with purchasing another home. Would a bank even loan me the money for a new home with a mortgage in my name already? I don’t know what to do….HELP.

Cheryl
 

I found a house for $12,500, my credit score is 520. Is it possible for me to get a mortgage loan on this amou?

Rhonda asked:


I found a house for sale for $12,500, my credit score is 520, is it possible for me to get a mortgage loan on this amount.

Sam
 

Zero Down VA Mortgage Loans!

BenYostMortgage asked:


www.WowColoradoMortgageLoans.com Get the Lowest VA Mortgage Rates Today in Colorado! I Guarantee to Meet or Beat Any Lenders Rates and Terms! Please Let me Know if I can help you get a Colorado VA Mortgage Refinance or Purchase loan. Thanks- to all the Veterans out there!

Alan

 

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

$millmind$ 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.

Karen
 

how to change names on a mortgage loan?

kimmyannb2 asked:


My mortgage is in my fathers name. I pay the mortgage and all of the other bills associated with this house. Can the loan be transferred to my name with out taking out a new loan in my name?

Lois