Reverse Mortgage

The Critic asked: Looking for the best/cheapest mortgage loan on the market in Australia. Please tell us the company and or the particular product.

babehmonkeh asked: Recently the bank that my mortgage loan is through went bankrupt. My mortgage loan was transferred to Bank of America. Initially, i had a 30 year fixed mortgage rate and now B.O.A is saying that my payments are almost 500$ more than they initially were. Is this illegal for the bank to do [...]

dheeren asked: 900,000 loan

hlnov13 asked: A family has a mortgage on their house with 25yr amortization period. The nominal interest rate is i-5.95%; interest is compounded semiannually. Their monthly payment is p-$3107.77, and their current balance is $237,562.52. Answer the following questions assuming that the interest rate stays the same over the duration of the mortgage. a)How many [...]

jean d asked: I currently owe 60000.00 on my original mortgage loan and 25000.00 on my home equity loan the 2 are from different financial institutions.My home was used of course as collateral for the equity loan,what happens to my house if im current on the mortgage but maybe defaulting soon on the equity loan???

shainastar08 asked: I have a $530,000 all-interest mortgage loan. I am interested in refinancing soon, (if it is a good time to do so?) Should I refinance and add my $15,000 of personal debt to my new loan? Or should I get a personal loan for $15,000 from my bank?

A asked: If somebody used the equity in their home to get a mortgage (home was paid off, except for $30,000, then home was refinanced with a $200,000 mortgage with $160,000 in cash going to homeowner, $30,000 to pay off the previous mortgage), is this mortgage eligible for loan modification? Or are only loans that [...]

webboffin asked: I am thinking of buying a mobile home at a mobile home park as a residence.

orusthelma asked: i want to compare whether it is cheaper to go for mortgage loan in buying or building a house or whether other methods such as building, buying and renting from own savings is cheaper.

childtax asked: I am a first time home buyer. I am seeing lot of adv of mortgage lenders in bakerate.com. How do I know those companys are good in terms of rate, fee and service? Is there any review sites? Is there any advantage in getting mortgage loan through reputed banks like wells fargo, chase [...]