Reverse Mortgage

mama of 2 asked: My family will be moving in about 4-5 months. If I applied for a home loan now, how long would the approval amount be good for before I had to reapply? We would like to know what kind of price range we are looking at and possibly have the new home [...]

Michelle asked: We are buying a house and since I currently started working from being a stay at home mom for almost two years and I was going to school the whole time. But my realtor/lender is telling me that I can’t be on the home loan. Is that true? She is saying that I [...]

N S asked: I want to avail home loan from bank to construct home on my plot. I want to construct the home by using labour contract and providing materials. Bank ask to submit the bills for availing loan in installments. What are the problems faced during submission of bills? I don’t have any experience [...]

Ron T asked: I have a mortgage of $100,000, and I want to pay it off super fast, so Ive been selling heaps of stuff on E.Bay, and putting the cash straight onto my home loan, what other ways can I generate cash?Content for WordPress

kjay asked: As opposed to paying principle and interest? I know what the difference is, i was just wondering what the benefits of paying interest only are and vice versa. Im in Australia, if that makes any difference. My partner and i are looking into purchasing our first home when i got back to work [...]

T. asked: My soon to be husband and I are renting a home in our area and paying $1100.00 a month in rent. (This is quite a bit for the area that we live in) We are wanting to buy a home and feel that we have sufficient income (around $90,000) to own a home. [...]

huggybearspartan asked: Ok, when you get a home loan for let’s say $100,000 and you buy a house for only $80,000, what happens to the $20,000 you didn’t use? Can you use it to renovate your house or what?Website content

lil_shortiesunshine asked: My husband, myself and our kids, are living with his parents, for the past six months. We both have very poor credit and are in desparate need of our own place. We now can afford our own place but cannot get a loan to purchase one. We have down payment in hand, and [...]

Linda PBBR asked: I would like to purchase a fairly cheap townhome (only 115k). Would it be possible to get approved for a home loan (100% financing). If it is any help, even though my score is low, it’s actually on a steady climb upward -from a 540 a year ago. I’ve been employed at [...]

thomas p asked: I HAVE A LOW 500′S CREDIT SCORE, WE HAVE BEEN A STRUGGLING FAMILY FOR YEARS NOW, WE HAVE 7 KIDS AT HOME, 4 ARE FROM PREVIOUS MARRIAGES.WE ARE IN THE NEED OF OWNING OUR OWN HOME, IVE RECENTLY GOT A PROMOTION AT WORK THAT ALMOST DOUBLED MY INCOME.BETWEEN THE BOTH OF US [...]