Is it impossible to find a mortgage with severely bad credit? »

Danielle asked: My husband and I are looking to purchase our first home, however we both have very poor credit scores (and yes I know this is bad news) but we have found a home of which we would like to purchase. The home loan would be for about $120,000, I am currently a nurse [...]

I want to rent a condo and the owners are 60 days behind on their mortgage payment. Why is the rent so cheap? »

kenzo1 asked: The rent is 350 a month and they are 60 days behind on mortgage, its a really nice condo and good location and the rent is too low. I want to know why the rent is so cheap?

What type of home loan is best for someone with 680 Credit score, no money down? »

The Skizzanator asked: I’m looking to buy a home. My credit score is 680, but I have no money to put down. What is the best loan option for me? A friend is buying a home and he says his rate is 1% and his mortgage increases by 1% per year. Not his interest rate, [...]

I am planning to take a home mortgage. I am so confused with this points, PMI, mortgage rate etc. Any Pointers »

360SD asked: Hi, I am planning to take a home mortage out and it is so confusing when you talk to different brokers , it almost seems that they get us in one way or the other like PMI, points, mortgage rate, even .25% would make a huge difference on the mortgage payment over the [...]

When do I make my first mortgage payment? »

Mike asked: I am buying a house on May 29th and have taken out my mortgage from Alliance and Leicester. I was just wondering if anyone knew if I would be expected to make a payment right away on completion day as soon as i get the money or if it will be the month [...]

Is a portion of my mortgage deductible if I am 1/4 of my home as a business office? »

CeeEss asked: I decided to set up office in my home rather than rent a space. I have a really small home

Does Refinancing the house or filing bankruptcy make your mortgage payment go up? »

Nid C asked: My dad just recently seen a 20,000 increase to the house mortgageContent

How do i add a formula to calculate for adding mortgage insurance? »

Jon H asked: I have created a simple mortgage calculator which will work out the mortgage payments for a specific loan to value (5%, 10%, 15% down etc) and it will add mortgage insurance and calculate the income required. How do i add a formula which will work out the mortgage insurance for any down [...]

Can I get a loan for a home/ mortgage payment before I pick a specific home? »

It is what it is asked: I am interested in purchasing a home and have a price range in mind. Can I get a loan for a home in my price range before I choose a specific house?? Thank you all so much for the helpful advice! I will definately try to get a loan [...]

How long after closing, before my first mortgage payment is due? »

Popeye asked: I am closing on a house in the next week in Illinois. I am planning on spliting up my mortgage payment into a bi-monthly payment. Any ideas as to how long after closing before I have to make my first payment?Content – Members-Only Content for WordPress

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