Reverse Mortgage

It is what it is asked: I am interested in purchasing a home and have a price range in mind. Can I get a loan for a home in my price range before I choose a specific house?? Thank you all so much for the helpful advice! I will definately try to get a loan [...]

Chris O asked: We have 4 years left on our 5 year term of 5.1%….there is still 208k left on our mortgage, the table looks like we should have it paid off in 18 years. With rates the way they are, how do I figure out what point it makes sense to pay the penalty [...]

Fafafooey asked: I used turbotax and I feel that my $2900 refund is a bit high, especially since past years have been around $300-$500. It was my first year for mortgage interest, but if the IRS sends you the check does it mean your in the clear? I don’t want to cash my check until [...]

Shawn M asked: I am looking into getting a reverse mortgage for my father. He lives in the Miami, Florida area. About a 2 years ago he refied and I want to know whether or not he will be qualified because of the last of equity.Content

evilbunnyhahaha asked: ,my father in law had 2 stop working 4 a while when he hurt his thumb badly. now its better and he’s trying 2 get a job but the only ones he can get are volentary work. now him and my mother in law are struggling 2 pay the mortgage. any idea’s on [...]

kit asked: I have a lot of credit cards to pay and always make the minimum sometimes a little bit more then the minimum per month. But I don’t know the difference between good credit and bad credit. Does bad credit involve not paying your credit? what is the difference between these two terms?Content

ALA asked: We would like this to all be in one loan. Does anyone have experience doing this and do you usually have to buy the lot first and then refinance? If not, what kind of down payment is usually required to make this all happen? Thanks.Content

Binki26 asked: My partner is the main income earner as I currently stay at home with our three year old son. I have a flawless credit history but cannot get a credit card as my income is too low. My partner has had trouble applying for a loan due to bad credit. If we were [...]

Manny asked: I understand loan officers charge certain amount of points to do the loan, and i know a buyer can purchase discount points. But why do they have those points and why do they sometimes charge points out the back? and how does their amount of points help the Loan officers profit or commission? [...]

Tired Momma asked: A friend has found herslef in a lot of debt and just went bankrupt two years ago. What happens when she can no longer pay her bills? Could she go to jail? Thank you!Create a video blog