Q&A
Asked by Lisa
Answered by Jose Sanchez
Financial Adviser
Financial Adviser
Thank you for asking the question.
I am
guessing the reason that anyone would consider
a longer mortgage is that it translates to a
lower payment. Yet, the longe...
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 Kare007
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Kare007
There are always unforeseen
expenses.
"The mistake with uncertainty is
the belief that there is an antidote."
--
Einstein
As a suggestion, add the...
Q&A
Asked by SANDI
Answered by Paul Carson
Loan Officer in Conshohocken, PA
Loan Officer in Conshohocken, PA
Hi Sandi,
Finding the best interest rate will
depend on a variety of factors, such as
property type, location, loan program, credit
scores, down payment, among many o...
Q&A
Asked by Shalyn
Answered by Paul Clemons
Mortgage Broker - Branch Manager NMLS#174535
Mortgage Broker - Branch Manager NMLS#174535
You could do a cash-out refinance to liquefy
the equity and have him sign a quitclaim deed
to be removed from title.
Q&A
Asked by mary
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
Mary, thanks for the question. Some ideas &
options:
1) Increase the payment you
are making and have this additional amount
applied to the principal balance.
...
Q&A
Asked by delce8
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
What you will be able to qualify for is based
on several things, including your credit
score, income and debt. The best thing to do
is to begin the formal pre-approval...
Q&A
Asked by Janet
Hi Janet,
Congratulations on looking to
purchase a home. The key in any mortgage
application is working with a knowledgeable,
experienced loan officer who can anal...
Q&A
Asked by Roger
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
You can get answers to this, and many other,
credit-related questions answered by
downloading our free eBook, Give Yourself
Credit. Be sure to watch for the next eBook...
Q&A
Asked by REBECCA
Answered by Aaron Gibbons
Mortgage Professional
Mortgage Professional
Rebecca, so sorry to hear about your loss.
Refinancing your home to a 30yr mortgage is
one possible route. If your mortgage is
already on a newer 30yr loan then an ARM...
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