Archive for April, 2009

When do you think the best time is to lock into a mortgage rate? »

lynndh5 asked: With the fed just meeting, should I wait until the end before I lock into a mortgage rate. The current rate quoted for me by my bank is 6.125% with 5% down or 6.375% for 100% financing. This is my first home purchase and I don’t want to do the wrong thing…..

Military or Veteran’s Mortgage financing, who has the best deals around besides USAA? »

nina3311 asked: I know Im supposed to check everytday…. Right now I am only tracking USAA and Pentagon Credit Union. Seen Bank of America and Wells.. not a good deal at all. The best one by far has been USAA. Im wondering if there are any other Lenders outthere.

If you have a buy to let mortgage for a property do you automatically have to pay capital gains on the profit? »

garyweir11 asked: I have a couple of properties on buy to let mortgages and was wondering if there is a way or reducing your tax you may have to pay when you sell it or not and do they automatically know when you sell the property and chase you for the money?

I am looking for a bad credit mortgage in Canada.? »

M M asked: I have outstanding loans that I would like to consolidate into my mortgage. Does anyone have any recommendations?

Who is best to get a home mortgage through? »

vtown_german asked: Would it be best to go through banks, credit unions or other lenders that mortgage brokers might suggest? What are competible and reasonable mortgage rates? Is 6.25% legit for an first offer or should I definitely keep looking?

What is the best cellphone company for bad credit? »

saintly_angeline asked: I have a friend with bad credit and she’s tired of prepaids. She’s trying to find a cell phone company that allows people with bad credit to have something at least. Which one is good. I don’t have bad credit and know most companies will give you no hassles, but don’t know anything [...]

Best mortgage deals ? »

? vanilla ish tha killah! ? asked: What is the best mortgage deal in the market Thank you to all you who reply

Does big deposit balance bad credit rating for mortgage? »

VanHelsing asked: I have a (very) bad credit rating; tried to repair it, gained few points by paying off defaulted accounts, but still bad. Want to buy a car and get a mortgage: Does a big deposit convince the provider or sales people to give you a mortgage or to sell you a car by [...]

Can a lender continue to charge interest based on an old amortization schedule? »

Jeffrey B asked: I took out a loan recently for $28,000, amortized over 10 years. Payments are approximately $340 per month. I have not made my first payment yet and was wondering if I made a payment of $20,000 if the lender would have to redo the amortization schedule and start charging interest on the [...]

how do i get a cheap mortgage,i am with abbey at the moment but think they are too expensive? »

chilli asked: i have an endowment mortgage at the moment fixed uitill 2009 – but i think i am paying too much for my mortage – i changed just before credit chrush – as they call it now – but got to wait untill next year my mortage should only be for £55.000 – like [...]

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