Archive for March, 2008

How do I create a mortgage calculator? »

project_twenty9 asked: like the one posted on this page… http://www.tnbsolutions.com/mtgcalculators/view.php?i=11171000 I’m putting together a website.Website content

Found a home that has equity is there a lender that will do first mortgage and debt consolidation in one loan »

Kim asked: I have debt that I want to consolidate into a home purchase, since I found a home that is priced well below appraised value. Since there is already equity is there a lender that will do a first mortgage and second at the same time? This would reduce my debt to income and [...]

Late with mortgage what do underwrirters look for? »

Ana C asked: Ok im behind on my mortgage unfortunately I have been going thru a financial harship im working on sending documents to the bank regarding my situation but was wondering if anyone knows what the banks are looking? Please note that my mortgage also increased since I had an adjustable rate. I am [...]

Mortgage Professionals ! Can You Use a HELOC to Make a Downpayment on Another Home? »

LostKoss asked: I asked a similar question earlier today and a couple people said it would be fraud. Looking around the web it is suggested on several websites as an option for home buying , but I can’t post the links. We own our house valued at 70k. We have a small home improvement loan [...]

How do home loans work when you have a home loan and want to sell your house and get a new home? »

BRad G asked: Say, you have a home that you still owe $$ on…..You want to sell this house and buy a new one. Would you take the money you get for selling your current home and put that toward paying off your current home….being left with only the mortgage payments on the new home.Content [...]

Is credit card debt considered an open account or a written contract? »

Stephen S asked: I live in the State of Georgia and am being sued over an old credit card that I defaulted on. It has been more than 4 years but less than 6 years since the date of default, so depending on whether credit card debt is considered an open account or a written [...]

Sue a mortgage agent for false statements? »

Vanja asked: I took a mortgage 6 months ago and was told by my agent that it is a 5/1 ARM. He said the note is for an option ARM but that the adendum makes it 5 year fixed. I read the note, but read it as he told me. Turns out it is an [...]

What do I have to do to get a job as a Mortgage Advisor? »

KAREN C asked: I have 7 A levels including accountancy,Maths,English ,Business Organisation and 9 O levels including English,Maths, Commerce, I have been working for a car/van hire company for 10 years and have good people skills.I feel I am wasting my education and knowledge and am very interested in working in finance but all jobs [...]

how many months can you be late on your home mortgage before the mortgage company notifies of repossession? »

john josh asked: Say, no payments made from June 2007, how many months of non-payment before the mortgage company takes action. And, what actions are taken? Do they file a notice to the homeowner? Is it Public Notice that everyone can see, and where is it posted?Website content

home loan? »

are we there yet asked: my house is worth about $550k.. My credit score is 559 right now, due to my excessive credit card and student loan debt.. nothing has ever been late, it’s just that i have excessive amounts of these debts.. i make about $2,600 dollars a month, and i’m wondering if i [...]

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