Q&A
Asked by Mike
You would need to show the ability to make the
payment and OK credit to qualify.. A local
credit union is usually best for this type of
need.
Q&A
Asked by Jenna
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
jenna - thanks ...what is approx cost of
addition ?
2 option you can consider
:
1) a simple HELOC ( home equity line of
credit ) ..this is a 2nd mortgage and wo...
Q&A
Asked by an anonymous user
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
thanks for the questions ...there are many
questions to ask before giving accurate reply
:
1) what amount is needed for the
addition?
2) what are the terms on pre...
Q&A
Asked by an anonymous user
Hi -
You should check with a Certified Public
Accountant (CPA) in your local area for
specific tax advice. There was a forgiveness
program for canceled debts that ex...
Q&A
Asked by an anonymous user
Answered by Cathy Curtis
Financial Adviser in Oakland, CA
Financial Adviser in Oakland, CA
You might want to check out Quicken Loans
HELOC's or Charles Schwab HELOC's (not sure if
they do business in Florida)
Q&A
Asked by Destinyban
Answered by Scott Beckwith
Mortgage Professional in Madison, CT
Mortgage Professional in Madison, CT
It is very hard to answer that question. It
is different for every person since each
person has different financial needs and
objectives. People refinance to consoli...
Q&A
Asked by RhondaJohnson
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
Rhonda, thanks for the question. I would
recommend beginning with contacting the bank
you have your checking/savings accounts with.
I would also suggest contacting ...
Q&A
Asked by rvmtexasx70
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi,
Perhaps, I'm not understanding the
question. At first glance, the logical thought
that comes to mind is why not just pay off the
first mortgage. Then, pay yours...
Q&A
Asked by Marinaathomas
Answered by Greg Fischer
Mortgage Professional in Manchester, NH
Mortgage Professional in Manchester, NH
Probably not.
If you have a current 30-year
loan, and are looking to refinance into a
shorter term with a lower rate, as long as you
have the required value in your...
Q&A
Asked by jbon26
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
The credit checks for reverse mortgages are
authorized by congress.
Why?
The
Department of Housing and Urban Development
(HUD), whose Federal Housing Administratio...
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