Archive for September, 2009

I’m working for a company which we offer the best mortgage interest rates.? »

federico z asked: I’m a mortgage broker with the best iterest rates,fast and friendly services in the GTA, but trying to find a cheaper ways to market myself.can you help?please!

Should a 72y/o widow w/no other assets sell home pay off reverse mortgage take remaining equity and rent apt? »

Redbird asked: Home is paid off except for reverse mortgage. Home’s market value is more than enough to pay off reverse mortgage and have more than adequate income for life expectancy.

Any ideas as of best way to deal with mortgage in a vacant house? »

Caita asked: Getting rid of my mortgage payment without hurting the credit that much? “What would you do in my situation?” I bought a house in 2005 for 160K, fully financed. I bought a car few months later for 20K (my fully paid one broke and I needed a new one which represented more monthly [...]

How to get an auto loan with bad credit? »

nerissa asked: I need to get a new car and need a loan. I have bad credit though. I have applied to numerous banks online and been rejected. Does anyone have some ideas?

can my parents guarentor my mortgage as we have bad credit? »

billyboy1 asked: we need to borrow 50000 for our mortgage but due to bad credit we would be a fortune, could my parents guarentor the mortgage for us. any replies would be fantastic, thanks.

Mortgage broker etiquette – should I use multiple brokers to make sure I’m getting the best rate? »

Cal asked: I’m looking into getting a home loan. How do I know if the mortgage broker I’m using is getting me the best rate? What is the etiquette of using multiple brokers? Is there a reliable web resource where I can enter parameters and check as well?

Discount amortization and interest expense? »

Dakota asked: Coley Company issued $30 million face amount of 9%, 10-year bonds on June 1, 2009. The bonds pay interest on an annual basis on May 31 each year. My Question is: Calculate the interest expense that Coley will show with respect to these bonds in its income statement for the fiscal year ended [...]

Where can I get a bad credit auto loan? »

luisa asked: I’m interested in a private loan company that specializes in bad credit auto loans. I already have a vehicle in mind through a private seller. How can I just get a bad credit auto loan?

Will closing ym credit cards help me get approved for a debt consolidation loan? »

Zeke asked: I have tried to get approved for a debt consolidation loan so I could have my credit cards and school loan under one monthly payment rather than juggling several payments but I get denied because I have too much credit in my name right now. If I close all the credit cards will [...]

taking out second mortgage to pay HELOC? »

John asked: So, I’m thinking about taking out a second home mortgage worth about $75,000 because thats the remaining balance on my Home Equity Line of Credit. My first home mortgage is currently at $291,00 and I’d use the $75,000 second mortgage to pay off the HELOC because the HELOC is a lot of interest [...]

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