Reverse Mortgage

I love the flipflops asked: My mortgage loan is about to be sold to Chase and my payments will begin to be made payable to them next month. I would like to refinance but I live in a very rural area and there is actually not a Chase within 200 miles from me. Can I [...]

Ed S asked: A relative in Ohio missed a few payments on her house and narrowly missed a forced foreclosure auction. I’d like to bail her out somewhat by taking over her mortgage from the existing mortgage company. She would then be making payments to me instead of them, and I’d be a LOT more [...]

Amit Gupta asked: Are refinancing and mortgage rates different? Also, is refinancing closing cost higher than mortgage closing when buying new home. I bought a home 10yrs-Fixed-ARM in June’07 at 6.25 and now the rates are 5.75. I will save $200 per-month if I get 5.75. Should I refinance? Advise please. I have good credit.Content [...]

lindsaytejeda asked: If someone wants to refinance how does it affect their credit? Will it help since it will show one loan as being paid off and another one being opened? Or does that even eachother out?Content for WordPress

N_ J05 asked: Will our current mortgage report as “payed-off” on my credit report, and will it cause my scores to increase. If so, how quickly? Will getting a mortgage, improve my husband’s credit scores? If so, how quickly?Create a video blog

reni768 asked: Me & my husband separated in the year 2006 and filed our taxes separately as well as the year 2007. We got back together in October 2007 and bought a house. Now I am trying to refinance and the bank wants copies of the past 2 years income taxes. Will it look bad [...]

christine [?] asked: My mom wanted to know! =] Thanks!Content

kankarnearnas asked: Hello mtg. gurus. What would you suggest in the way of reduced closing costs and APR? What can I do to get a great mtg? I have found a way to get rid of FHA financing on my mtg. Are there any other things?Create a video blog…instantly.

Here C asked: Hi I want to know how to get the information of Refinancing agents for Home Mortgage. For example, our term insurance was handled by agent who took in our info, ran the numbers, spoke to companies and brought us few options/choices we can select. Do we have someone like that for home [...]

Mark asked: not open a new heloc for me because rolling the heloc into the mortgage brings me to 77%. once the refinancing is done, is there anything stopping me from going to another bank to open up a home equity line of credit with them to access the other 23%. i have no plans [...]