Q&A
Asked by jjnobadkitty
That depends on the date you took out your
loan, the type of loan it is, your current
rate, and several additional factors. HARP
loans are for borrowers who closed lo...
Q&A
Asked by Golden
Age is just a number, right? As far as
lenders are concerned, it is. Whether a
borrower is 21 or 121, lenders must offer all
loan terms to all borrowers. The bigges...
Q&A
Asked by Christine
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
The first step in applying for a mortgage is
always knowing your credit score. You can get
access to your credit score and your full
credit report for free by signing ...
Q&A
Asked by tblocker14
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
If you have a legal separation agreement and
you can qualify - you should be able to
proceed. Your spouse may need to sign some
forms related to the purchase.
Q&A
Asked by brenda
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Investment Manager (Financial Advisor) in North Charleston, SC
Hi Brenda,
The main question I generally
ask is; “what do you want the Vacation home to
do for you?”
It’s an individual answer.
Many folks enjoy being able to o...
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 Edward
Answered by Matthew Marshall
Mortgage Professional in Elkhorn, NE
Mortgage Professional in Elkhorn, NE
If you goal is cash flow, the 30 year term
could be the best option. You have the option
to make extra payments, with a fall back to
the 30 year obligated payment, if...
Q&A
Asked by Lavern
Answered by Matthew Marshall
Mortgage Professional in Elkhorn, NE
Mortgage Professional in Elkhorn, NE
Depends on how it is set up. I have noticed
some that are done right. I have noticed some
that are done completely to the renters
disadvantage.
1. Make sure ever...
Q&A
Asked by Janny
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Hi Janny,
You can use MoneyTips to find a
lender in a variety of ways. First you can use
the search feature at the top of the page
(click on the magnifying glass) a...
Q&A
Asked by Patrick
Answered by Donna Quintanilla
Mortgage Loan Originator
Mortgage Loan Originator
FHA financing requires 3.5% and conventional
financing requires 5%. I do not have an option
for $4,000 down on a $150,000 home.
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