Is the first mortgage payment a double payment? »

Gem asked: I am hopefully completing on my first property next Friday. How does the first mortgage payment work? Will it be a double payment?Content for WordPress

Can I take out a second mortgage to finance down payment on new condo? »

Michael J asked: Is it possible to take out a second mortgage on a condo where I currently live and use the money as a down payment on a new condo I want to buy as a rental? I should say: I have excellent credit and my only debt is the current mortgage.Website content

What is the best type of mortgage loan for the lowest monthly payment? »

cantholdmd asked: 30 year fixed? 2/1 ARM? I need a loan with no PMI and low points and the lowest possible mortgage payment a month. What Im working with: Credit score 600 Annual assets (Salary) 34500 Monthly Debt: 70 House loan amount: 106000 Available to put towards closing costs (Including down payment) 12000 Any ideas?Content [...]

I have to abandon my house due to no water service New mortgage. never made a payment. what are my obligation »

clifford c asked: The houses water service is broken, it is impossible to fix. I have to move out . What should I tel or not tell my mortgage co?Content

When will the first mortgage payment be due? »

Holly B asked: We are closing on a house on July 29th. When will the first payment be due usually? Thanks!Content – Members-Only Content for WordPress

Can the interest/payment on a home equity loan be deducted as home office expense, the same a home mortgage ? »

chicki3030 asked: I have been asked to set a home office for my employer’s benefit. I will work from home on daily basis. I know I can deduct a portion of my mortgage payment and utlilties from my taxes, but can I deducted my home equity loan payments? Should I consolidate both loans to get [...]

Whats the total mortgage payment for a 105k home? »

A S asked: I want to know what would be a mortgage payment with everything included like taxes and etc. for a 105k home. I am looking to buy my first home and my credit score is 730. Our total take home money a month is $3600. going for a 30 fixed and live in [...]

If I want to increase my home mortgage payment, do I need to refinance? »

seeker asked: Let’s say my Countrywide home loan term is 20yrs, $1000 a month with fixed interest rate 6.5%. What’s the bad/good if I decide to double my monthly payment?Content – Members-Only Content for WordPress

Can you lose your mortgage because your credit score lowered? »

trekin01 asked: My husbands credit is bad, my father co-signed on our house for us. We pay the mortgage, no problem. In 18 months, we must refinance. I checked my husbands credit last week and it dropped over 200 points! It’s 256 now…when we go to refi in 18 months, could we no longer qualify [...]

mortgage payment math problem? »

forum.buynetstuff.com asked: Monthly mortgage payment for a 30 year loan at a 8% interest for 100,000 is 733.77. How do I get this?Create a video blog…instantly.

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