Q&A
Asked by an anonymous user
The answer to your question really depends
more on your circumstances than current
mortgage rates. If you want the funds for an
urgent need, there's certainly no adv...
Q&A
Asked by trish
You won't be able to obtain a mortgage for
those funds, given new lending restrictions.
A roofer may have some funding sources who
could provide financing (whether se...
Q&A
Asked by Elaine
Elaine - That's a very loaded question because
it depends on multiple factors; everything
from property type, to your credit score, to
how you will use the property, t...
Q&A
Asked by Garry
Answered by Michael Emond
Mortgage Professional in Roselle, IL
Mortgage Professional in Roselle, IL
A home equity line of credit from your bank,
you already have a relationship with them and
they would be able to move the fast for you,
note you will still have to qua...
Q&A
Asked by Daniel
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Our recent article "When Does it Pay to
Remodel Your House?" may be able to answer
some of your questions.
Q&A
Asked by drahomir
Sounds like you're in a tough spot, sorry to
hear that. Do you happen to know if your
current loan is an FHA or VA loan? If so, you
may be able to do a streamline re...
Q&A
Asked by Tina
Answered by Brenda Robinson
Financial Adviser in Easton, PA
Financial Adviser in Easton, PA
A home equity loan lets you borrow a lump sum
and pay it back over a fixed term at a fixed
interest rate (like a mortgage or car
loan).
A HELOC works more like a cred...
Q&A
Asked by Lourdes Berrios
Hello Lourdes:
Your best option for a
refinance if you are underwater is with the
"HARP" refinance program through Fannie Mae or
Freddie Mac. However a few points y...
Q&A
Asked by Deboran
Yes, it is possible to do a refinance on a
coop in NY State. The mortgage taxes charged
by NY are quite high, which certainly can
complicate refinances, but the short...
Q&A
Asked by Evelyn
Sure, you can certainly do a cash out
refinance on your condo to obtain funds for
your son's.....with a few conditions: Your
condo complex will need to be Fannie Mae
...
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