Archive for July, 2009

Can I Transfer An Existing Home Equity Loan, Attached To My Current Residence To A New Residence? »

ain asked: I took a home equity loan out a while ago and in this market, my equity has dropped considerably. If I were to sell my home, I could pay off my 1st mortgage, but I’d still have a balance of about $30,000-$50,000 on the 2nd mortgage. Do lenders transfer 2nd mortgages to a [...]

What happens when your fixed rate mortgage has expired? »

GeorgieGal25 asked: I am shopping around for a mortgage but I dont understand what happens when the initial 2 year fixed rate term expires. Can you move the loan to another bank and get another fixed rate ?

Where can I find a mortgage if I have bad credit? »

xjoslinx asked: I don’t have very good credit but I want to be a first time homeowner. What are my best options?

Can a mortgage broker give lower rate today compared to a direct bank ? »

JohnPau2010 asked: I am applying for a home loan: I have got a GFE from a bank and they quoted around 5.30%(30 yr fixed – zero points) I have got another GFE from a mortgage broker and they quote 4.85%(30 yr fixed – zero points) 1) Does a mortgage brokers usually give better rates than [...]

I am a note broker and I am looking for people that have mortgage notes to sell. How can I get clients? »

marvinthenotebroker asked: I am looking for clients who have airplane notes, mortgage notes, mobilehome notes, boat notes, car notes, land notes, commercial notes, business notes. I have a website that they can post their items on for free that will get them immediate response. How can I reach these types of people?

Can someone add names to a home title without it causing an existing home equity loan to be called due? »

M.G. asked: My sister has a house with her name only on the title and a home equity loan with a line of credit. Now, she wants to add myself and my brother to the title only and it will be a Joint Tenancy Title. My brother feels that if I am listed on the [...]

Can I find a mortgage with bad credit? »

kk asked: My fiancee and I both have credit scores is the 500′s. Is it impossible to find someone to lend us money? We want to first time homeowners.

. How would the carrying value of bonds payable be affected by the amortization of each of the following? »

Robert C asked: . How would the carrying value of bonds payable be affected by the amortization of each of the following? Premium Discount A. No effect No effect B. No effect Increase C. Increase Decrease D. Decrease Increase

Are liberals upset with the sweetheart mortgage deals Dodd and Conrad received? »

Hypocrite Smoker asked: I know Yahoo Answers liberals only get upset when Republicans do wrong. So I don’t expect any condemnation form the liberals out here. As a Republican I get more upset when Republicans break the law, or have ethics violations. Read the article: http://www.breitbart.com/article.php?id=D99N143G3&show_article=1

Should I lock in my mortgage rate now or wait another week? »

Shantel D asked: I am purchasing a new build in TX, mortgage rates have been slightly increasing especially within the past couple of weeks. It seems rates are increasing daily. Is now a good time to lock in my rate or wait another week or so?

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