Reverse Mortgage

philt1 asked: My house was on the market for £119,000 and i accepted an offer at that price but was subject to a 7% vendor gifted deposit. This meant i would get £110,000. Four weeks into the deal the buyers mortgage company have said the house is only worth £110,000 and will not lend the [...]

Danny A asked: property but i am self employed, i have a tie in fix rate deal of 6.4% which i want to reduce, is there anything i can do about this?

mazey1967 asked: I bought my home 4 years ago, and it appraised at $101,000. I bought it through a mortgage company, on a 30 year loan. Now that I can afford to pay a little more I’d like to redo my loan, and add my car payment on with it on a 15 year loan. [...]

goofyjr2004 asked: I heard a news about Federal goverment lowered mortgage rate by 0.5%, is it true? Who is qualified for this benefit? We get our loan from a mortgage company.

lindsy asked: Have a credit score of around 620-640. Past wage garnishment (a year ago) but paid off early. Past car repossession (reason for the garnishment.) Other small things charged-off. Only looking for a mortgage loan of $25K or less with $10K for down payment. With todays economy, is there any chance of finding a [...]

sandiedog1 asked: I am a widow with imperfect credit and am getting remarried soon to a man with hardly any credit. So any suggestions would be greatly apprectiated.

ShirlD asked: My mortgage company was bought out by another one. They have sent me a letter which allows me to choose what my new rate to based on: the CODI (Certificates of Deposit Index), or the Wachovia COSI, which is their Cost of Savings Index. I can’t find any information online which compares these [...]

puoL asked: We want a pre-approval letter, do we have to stay with the same mortgage company after we get the letter or can we switch? How do we know who to pick? You can’t know a person just from talking to them once on the phone! I know that but what do you ask [...]

lankhai2006 asked: I’m looking for fixed-rate morgage deals, and at present, some “smaller” companies seem to have better offers. For example, Bristol & West has very good deals. But do you think it is safe to choose this company?

Kelly D asked: Have a credit score of around 620-640. Past wage garnishment (a year ago) but paid off early. Past car repossession (reason for the garnishment.) Other small things charged-off. Only looking for a mortgage loan of $25K or less with $10K for down payment. With todays economy, is there any chance of finding [...]