Category: Renting & Real Estate

Is it still wise to buy to let in central london in 2010 ? »

nexus asked: can i get a buy to let mortgage in the uk ? putting a 30 % deposit down if i am an overseas resident? I would like to buy in central london ? with the recession is it a wise move ?

Real Estate: Getting a mortgage with bad credit by high down payment? »

R1980 asked: Hi, We currently own a mobile home on it’s own land. We’re interested in purchasing a house, but have bad credit. A family member is going to loan us 40,000 (we’ll pay them back when the mobile sells). The house we want is 90,000. We make about 25,000 a year. Will we be [...]

If you default on your mortgage, do you lose all equity up to that point? »

jkstender asked: Let me start out by saying that this question is purely out of curiosity, I am a renter and not in danger of losing a mortgage or anything. So I don’t need advice or spam offers. Anyways, if you do go into default on a mortgage do you lose all the equity that [...]

refinancing a principle loan, but not home equity loan, why would we have to pay a subordination fee? »

Mike asked: Why do you pay a subordination fee when refinancing, when your refinance does not include your home equity loan?

Any advice on what’s the best mortgage company to go with? »

zherizz asked: Besides the usual banks citi, BofA, wells fargo,etc. Any ideas what other companies offer a better rate? Most of these banks I’ve mentioned have points and I’ve noticed their rates are higher than some smaller companies. problem is I;m not sure what small companies to trust. We want to buy a home in [...]

how to calculate amortization schedule ? »

hello asked: for example for a 400000 loan amount for 10 years for 5 percent interest rate .please help

My negative amortization loan? »

TAVIO A asked: I have a negative am loan which i was tricked into getting by my broker but thats another story, anyways my wife loves this home and i do not want to sell it but im afraid i wont be able to afford it if i were to refinance at the current rate, [...]

How long will it be before the mortgage market returns to 85% LTV on Buy to let mortgages and 95% on personal? »

William J asked: UK opinions please

How to negotiate best mortgage rate (multi-part question)? »

sam asked: I’m first time home buyer. What is the best way to negotiate mortgage rate? Is it good to get more than one pre approval from banks? If I get more than one pre approval, how badly it affect my credit rating? (FYI, i’m in canada) In addition to above question, is credit check [...]

First Time Mortgage in NSW? »

Lord F asked: Please help me, I am trying to locate details of the best value mortgage lenders in NSW. Credit union? Bank? (probably not!) Other? ANy websites that compare all lenders, any organisations that offer deals that don’t rip you off more interest than the actual amount loaned? I am trying to achieve the [...]

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