Q&A
Asked by Lauren
Hi Lauren:
In fact, yes it is possible
though I am sure you realize that the
financing may not be under the best terms.
Your financing may require a larger down
pay...
Q&A
Asked by an anonymous user
Answered by Mark Haynie
Mortgage Professional in Los Angeles, CA
Mortgage Professional in Los Angeles, CA
Any credit company that says they can remove a
foreclosure from a credit report may as well
be selling unicorn rides as well. As for
getting a loan with a foreclosure...
Q&A
Asked by Charles Jones
Answered by Mark Haynie
Mortgage Professional in Los Angeles, CA
Mortgage Professional in Los Angeles, CA
Based on the 2.5% rate of your HELOC, it
appears to be PRIME -.75%, which is a pretty
sweet deal. I don't know if your initial
interest-only term was for 15 years or...
Q&A
Asked by Maria Mapoy
The answer to your question depends on several
factors. How financially secure are you? How
large is your loan? Do you live in a state
(NY/FL for two) with high clo...
Q&A
Asked by an anonymous user
This is a situation that you would benefit
from by speaking with a qualified attorney. I
can however shed some light and possibly help
with a direction on this. A chap...
Q&A
Asked by an anonymous user
Answered by Adam Witzburg
Mortgage Professional in Denver, CO
Mortgage Professional in Denver, CO
If you filed a Chapter 7 Bankruptcy, typically
you will have to wait 2 years after the
discharge date to be eligible for a new
mortgage through FHA financing. There ar...
Q&A
Asked by pat
Hi Pat:
Yes fortunately you do have some
options. If you are looking to refinance, the
first option I would recommend is to look into
the HARP program. This is a Fa...
Q&A
Asked by Larry Black
While this question isn't new, I wanted to
point out that FHA just lowered the annual
mortgage insurance premiums for new FHA
borrowers (effective 1/26/2015). Anyone w...
Q&A
Asked by roger taylor
Hi Roger:
It should be possible and you can
even refinance it with a new home equity loan.
My advice would be to find a competent loan
officer that you feel comfort...
Q&A
Asked by an anonymous user
Generally speaking, 4 years. If there were
extenuating circumstances, then possibly only
2 years.
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