Reverse Mortgage

Ray F asked: I have a 1st mortgage of about $100,000 on a condo valued at approx. $380,000. I have a home equity line of credit ( $20,000) that is interest only with no pre pay penalties. Can I refinance for a 15 or 20 year fixed?Content

Denise asked: I want to buy a house without a mortgage, just own the entire property, then are taxes still required? I haven’t found enough information on google on it. there must be some questions about it. 2,000$ / month is extremely a lot of money to tax for my own private home.?!?!Create a video [...]

jafco13 asked: My friend currently has an ARM mortgage and is in bankruptcy. She needs to know if there is anyway for her to get a second mortgage or to refinance the mortgage she has right now while going through bankruptcy. I told her I didn’t believe she would be able until after the bankruptcy [...]

Mike asked: I am currently thinking of selling a property and the purchaser wants me to hold a 2nd mortgage. What are my rights if foreclosure was to happen? Can I buy out the mortgage from the first holder? If I can’t I will most likely lose my mortgage? I don’t think it will happen [...]

gevikabed asked: I’m in the middle of buying a house and I’m waiting for the best time to lock my mortgage rate. I have 15 days time limit for doing my paper work for my mortgage.Create a video blog…instantly.

Michua asked: My mom was telling me that anyone listed in the account will suffer from bad credit even if the account is being used by one person … How is it possible to have bad credit form a bank account and is what my mom told me true?Create a video blog…instantly.

insurancelawcase asked: How to settle 2nd mortgage for less than full balance *IF* deed-in-lieu is approved already? I was never late but applied for Deed in lieu with Countrywide. Now they approved the DIL but now I want to keep the property but settle the 2nd mortgage? How is it possible?Create a video blog

SaLorsay asked: What are they saying about the interest rates? Will the rates go up or down after this week? My Mortgage Broker is telling me to lock in now! What do you think? Should I wait? HELP!Content

Leo asked: If a person carries a home loan in other country (other than US) is there any tax deduction(relief) given by IRS ? A part of his earning in US is being used to pay home loan EMI in other country.Create a video blog

Eva G asked: not ARM mortgage loans , I am asking about fixed rate loans.Content for WordPress