Q&A
Asked by an anonymous user
Answered by Dan Spiegler
Licensed lender with over 10 years experience in Boulder, CO
Licensed lender with over 10 years experience in Boulder, CO
You may have a range of credit issues due to
the "trickle down problem with credit cards"
that could cause creditors to turn you down.
Taking your question at face val...
Q&A
Asked by dazhan
Answered by Justin Clark
Mortgage Professional in Moreno Valley, CA
Mortgage Professional in Moreno Valley, CA
It might be worth it, depending on what you
want to do. The rates are decent right now so
you would most likely be able to get a lower
rate and in turn lower your mon...
Q&A
Asked by an anonymous user
Answered by Marilee Roose
Insurance Agent in Magna, UT
Insurance Agent in Magna, UT
Home Equity Loans are fixed amount loans with
your house as collateral. They are one time
loans with a set pay-off. Home Equity Lines of
Credit work very similar to a ...
Q&A
Asked by marshallcardog
Hello -
There are several factors that
would influence this decision. One, you need
to look at your current 1st mortgage rate
because that will be a concern with r...
Q&A
Asked by goggle
Answered by Lee Hardin
AVP - Residential Loan Officer at Glacier Bank in Sandpoint, ID
AVP - Residential Loan Officer at Glacier Bank in Sandpoint, ID
Hello, yes it makes sense to do a cash-out
refinance and pull the $10,000 out as long as
you have sufficient equity. You can typically
do a cash-out up to 80% of the a...
Q&A
Asked by rick
Answered by Justin Clark
Mortgage Professional in Moreno Valley, CA
Mortgage Professional in Moreno Valley, CA
How much are you borrowing? If you're only
going to need $8,000-$10,000 then most lenders
won't do a refinance because it'll cost you
half as much in fees, which woul...
Q&A
Asked by Cecilio
Answered by Justin Clark
Mortgage Professional in Moreno Valley, CA
Mortgage Professional in Moreno Valley, CA
Ok, Have you contacted a lender yet? That
would be your first step. Where are you
located?
Q&A
Asked by Steffanie
Answered by Justin Clark
Mortgage Professional in Moreno Valley, CA
Mortgage Professional in Moreno Valley, CA
Take your remaining loan balance off your most
recent mortgage statement and divide it by the
value of the property, That will give you the
% of equity you have. If y...
Q&A
Asked by Carla
Answered by Kendrick Walker
Mortgage Professional in Santa Rosa, CA
Mortgage Professional in Santa Rosa, CA
Hello Carla,
How much do you owe on your
property and then how much is your property
currently worth (based on recent comparable
sales, an appraisal, good Broker est...
Q&A
Asked by marygituanja
D
Answered by dskow
Mary. you can contact any lender to complete
an application. Every lender will use their
own forms as their names . identification
information is part of the applicati...
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