My mom bought a home with the mortgage 80/20 with 2 different banks. She lost her job and she’re planning »

Huynh T asked: foreclose the house. Will the mortgage companies go after her with the money her own ( she have some money in her bank). CA law. thanks she has money in different banks that is not the banks she has mortgage loan.Content

What are the disadvantages of subprime home loans? »

tikki asked: I’m getting ready to buy my house. I know to do a 30-yr fixed rate. I’m just wondering what is the buzz about subprime home loans? It seems to really be hurting people and mortgage companies. What are the advantages and disadvantages? Thanks.Create a video blog…instantly.

Mortgage Crisis.? »

truly speaking asked: Would it be beneficial to the economy and homeowners if mortgage companies could lower the payments ( even if it means extending the length of the loan) of persons that are/were victims of “questionable” lending practices or better yet changing the adjustable loans to fixed.Create a video blog…instantly.

Is it possible to change mortgage companies without refinancing? »

carinyosa99 asked: Our mortgage was sold to a really crappy company. We have thought of refinancing, but then we realized we have a really good rate for another 18 months (we have a 5 year ARM) and won’t be able to find anything as low as we have now. It’s completely unfair that we don’t [...]

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 service do mortgage lenders use to get consumer FICO scores from? »

rlc_60504 asked: …and how do I get the same? I’ve gotten my credit score from some online sources before, but then I talk to a bank and they have a completely different number for me when they tell me my FICO score. I’d like to see the same report as the mortgage companies so we [...]

mortgage problem.showing income.help? »

theroomstoocold asked: if you have read a previous question of mine, you would see that my boyfriend’s mom is purchasing a house. our house is sold, under contract, with a tentative closing of sept. 30. last thursday, a seller accepted our offer of $585 (not the house in my question) and they want a quick [...]

How long should I wait to buy a home & what mortgage company is the best to deal with? »

showmethemoney asked: I just did a short sale on my home about 2 months ago. I want to purchase another home because of the deals in the market place. How long do I need to wait and are there any mortgage companies that are willing to work with individuals in my situation? My credit score [...]

What is the range of income as an appointment setter for mortgage companies? Will reward ‘best’ quickly. »

C S asked: I have an opportunity to work for a mortgage company doing this and they are telling me it is salary with commission. I don’t want to be making 12,000 a year with a crummy commission rate though. I live in ATL. I’m going to speak to them soon, so I am rewarding [...]

Did some mortgage companies dupe people into buying more home than they could afford or to refinance? »

Sean asked: Granted you’re supposed to do your own research but what happens when a mortgage company convinces you that your fears and your worries are unfounded. Many people did have reservations about refinancing and purchasing homes with these sub prime mortgages, however these lenders really made it their business to prove it was a [...]

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