Reverse Mortgage » Current

Which company is the best home mortgage lender to refinance with in california?

Admin — Fri, 24 Jul 2009 16:20:30 +0000

spooky asked:

I am interested in refinancing my current loan to a fixed rate 30-yr loan. I’d prefer to deal with a lender that is in california. any recommendations? i’d like to hear about your personal experience with the company recommended. thanks!

How can I borrow money to fix up a rental property that is paid for through my home equity loan?

Admin — Wed, 08 Jul 2009 07:28:08 +0000

Susie C asked:

paid from a home equity loan on my current residence?
I already borrowed the money for the rental property from my primary home.

Can a new home equity loan amount be larger than your mortgage balance?

Admin — Mon, 29 Jun 2009 09:33:23 +0000

cjt asked:

We currently have a home equity loan and a mortgage, but want to pay off credit card debt. Can we take out a new home equity loan, paying off the current home equity loan and credit card debt which would result in the home equity loan balance being larger than the mortgage balance? There is ample equity in the home to support both. We do not want to refinance to a new mortgage because we are thinking of selling in the next few years and don’t want the expense of closing costs on a new mortgage.

Anyone else out there have an adjustable rate mortgage and no equity left to refinance?

Admin — Sun, 28 Jun 2009 20:06:24 +0000

www.TheMovieMonster.com asked:

I dont know where to turn to now, my rate has gone up and i can barely make my house payment. With no equity, is there help out there? I hear the government is stepping in to assist, but when and where? i have not been late once.
I forgot to mention my current Lendor FIRST FRANKIN is not willing to help =(

In general (not at the moment!) why are mortgage interest rates so low?

Admin — Fri, 26 Jun 2009 15:46:24 +0000

njay asked:

I’m not discussing the current prices / market etc. Was just wondering why mortgage rates are so low, when compared with such as credit cards that can go upto 20 odd % interest.

If I borrow money for deposit towards buy to let mortgage, is that interest is also tax rebatable?

Admin — Thu, 18 Jun 2009 10:54:45 +0000

sen asked:

I am planning to buy a buy to let property. I am raising money from my residential home to put deposit of 25 percent. I am aware that i can claim tax for the interest on buy to let mortgage. What i want to know is whether i can claim tax on the interest I will be paying for the deposit money as well.
For example, £100,000 property. 25,000 raised from my current home. Say i pay £200 interest towards that.
75000 mortgage for the buy to let property. 500 interest. Rent is £750.

a. If i can claim tax for both the interests, then my tax liability is only£30 (750-(500+220)). (For this calculation i have ignored other tax benefits).
b. interest on deposit is not tax claimable and my tax liability is £250 (750-500).

Which scenario is correct.
Many thanks for your help

Sen

what company is the best home mortgage loan lender?

Admin — Fri, 29 May 2009 15:20:29 +0000

Jennifer W asked:

i am interested in refinancing my home and have a current loan with chase home mortgage. Which home loan lender it most popular or best to use?

what’s the current minumum fico score for doing a stated home mortgage refinance deal?

Admin — Mon, 16 Mar 2009 20:48:47 +0000

Julio A asked:

i want to refinance my home,but my broker tells me that the minumum fico score is constantly changing,so,i want to exactly know what is the minumum score to do a stated refinance mortgage deal right now?

Can a new home equity loan amount be larger than your mortgage balance?

Admin — Tue, 06 Jan 2009 18:39:01 +0000

Is it wise to refinance my home mortgage rate of 6 percent to current 4.8 percent rate?

Admin — Fri, 02 Jan 2009 14:28:33 +0000

lovingmom asked:

What are the pros and cons?

Content