What’s the best way for me to become a Mortgage Broker in CT? »

asked: I have been a Loan Originator for a year now, but I’d like to become a mortgage broker. This way, I can shop around to different lenders to help close more loans.Content

Will the UK mortgage market achieve positive growth in 2008? »

Eddy T asked: The mortgage is a essential financial service provider to the people of UK in respect to their housing needs. It is a business not only to make profits. Lenders must have good corporate and social responsibility. It is win,win business for the Lenders and their customers.Website content

Refinancing my Mortgage? »

labellewg asked: I have about 350K left to pay off on my mortgage. The housing market being what it is the value of my home has dropped below the 350K I have left to pay off. I am looking into refinancing to a lower rate but was told that my “Loan to Value” amount was [...]

What are the pros and cons of using debt relief agencies to get rid of debt? What does it do to your credit? »

pham1skee asked: Those debt relief agencies that help you get rid of debt fast tell you to stop paying your bills and instead you pay them. They then use the money you send them to negotiate lower payoffs to your lenders. What are the pros and cons of doing this and how long will it [...]

Describe the advantages and disadvantages of three different institutions of best mortgage rates and terms? »

sweet asked: “Imagine you want to arrange a mortgage on your first house purchase. You need $200,000.00 Find the best rates and terms available from three different type of lenders such as a mortgage broker a major bank and a banking company such as president choice. Describe the advantages and disadvantages of each and choose [...]

How can I get a USDA home mortgage? »

CarolineJ asked: I heard about this just the other day,…why hadnt i heard of it sooner? My husband and I are cooped up in our tiny rental home and its getting tighter with my 10 month old crawling around, but i cant seem to get a response from any lenders, whats holding it up? If [...]

What happens when a lender is repaid an old debt long after they sold it to a collection agency? »

alizarinlily asked: I have a bunch of negatives on my credit report and I am in a position where I can pay back my debts. I want to pay back the original lenders not only to assuage my guilt, but also to make a deal to delete my negative info. If I pay back lenders [...]

Seniors – people 62 yrs old or those with parents of that age – What do you think about reverse mortgages? »

Loan Officer Tim asked: I’m trying to be one of the “good guys” in this area of business as I have been for the last 10 yrs doing traditional mortgages. I’m looking for straight talk about how to best serve the senior citizens of the U.S.A. and how to find those people who could benefit [...]

Did you hear President this morning offering solution to Mortgage Crisis? »

Ustun Inan Insurance asked: He suggested the Mortgage Companies negotiate with homeowners, instead of forclosures.What he didn’t tell you is that everytime Mortgage companies negotiate new loans, there are new fees,commissions and other expenses, and those are added to the loan balances upfront, increasing what the homeowners owe. There are no magic way to solve [...]

What is the lowest fixed-rate mortgage you’ve seen advertised lately? »

americansneedtowakeup asked: Can you give me the name of the company? I’d like to refinance as soon as possible and am shopping for a new home loan. So far most lenders I’ve come across are charging over 6% but I’ve heard of a few reputable ones out there that are charging much less but don’t [...]

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