Q&A
Asked by an anonymous user
"It depends" is the answer to your question.
If you mean in comparison with a 30-year loan,
the answer is "probably", due to the fact that
most HELOCs have a draw peri...
Q&A
Asked by pkesler
In my experience, doing a VA construction loan
at all is akin to hitting the lottery the day
you see two unicorns and the Loch Ness
monster. It COULD happen, but it's...
Q&A
Asked by wkrogmeier
There's more to consider than just the
interest rate in any discussion on the
benefits of making additional principal
payments on a first mortgage, compared with
using...
Q&A
Asked by Debbie
Answered by Ray Jones
CA Mortgage Loan Officer in Fresno, CA
CA Mortgage Loan Officer in Fresno, CA
We would need to look at the whole picture,
but generally, since your mortgage rate is so
high, it would make sense to refinance your
mortgage anyway and you might as ...
Q&A
Asked by an anonymous user
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
The root of purchasing or refinancing your
home is having a good credit score that is
free of blemishes and late payments. You are a
currently a free member of Credit ...
Q&A
Asked by David W
Answered by Matthew Marshall
Mortgage Professional in Elkhorn, NE
Mortgage Professional in Elkhorn, NE
You should be able to refinance the property,
assuming you can qualify income, debt ratios
and credit wise, by yourself, then give her
the proceeds. Not extremely dif...
Q&A
Asked by an anonymous user
I would like to do some work in my home and would like to get a second mortgage or refinance my loan
Answered by Christopher Tanael
Wholesale Rep in San Marcos, CA
Wholesale Rep in San Marcos, CA
I can help you
Q&A
Asked by Heather
Answered by Brenda Robinson
Financial Adviser in Easton, PA
Financial Adviser in Easton, PA
Federal Stafford Loans (Subsidized and
Unsubsidized)
The Stafford loan is the most
common loan that students use to pay for
college. If the student qualifies for a
...
Q&A
Asked by Beverly
Answered by Robert Henderson
AAMS® CDFA® in Mystic, CT
AAMS® CDFA® in Mystic, CT
A reverse mortgage (or HECM - home equity
conversion mortgage) CAN be a very useful
financial planning tool for retirees. But it's
important to understand what reverse...
Q&A
Asked by an anonymous user
Answered by Greg Fischer
Mortgage Professional in Manchester, NH
Mortgage Professional in Manchester, NH
Probably not. While reverse mortgage rules
guarantee against declining house values in
the future, they do so by capping the loan
amount at today's value, usually som...
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