Q&A
Asked by Tyshia
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
Yes, fortunately FHA now allows borrowers to qualify using an estimated payment of 1% of their student loan balances. Note that even if the loans are in deferment, or...
Q&A
Asked by pat
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi Pat: Yes fortunately you do have some options. If you are looking to refinance, the first option I would recommend is to look into the HARP program. This is a Fa...
Q&A
Asked by an anonymous user
Answered by Carlos Contreras
ChFC® in Aventura, FL
The first thing you need to know is if Massachusetts is a jurisdiction state. If so, I would contact a certified foreclosure attorney there. In Florida, we have 12 mo...
Q&A
Asked by Mike
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hello Mike: My recommendation would be to start with a lender referral from someone that you know. Perhaps a family member or a friend that has worked with a partic...
Q&A
Asked by an anonymous user
Answered by Brandon Hambright
Mortgage Loan Originator in Mobile, AL
I would start by asking for detailed transaction history from this lender. This way you can see how the funds received are distributed.
Q&A
Asked by John
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
All good points above, particularly using a loan officer who tracks MBS trading in real time, and who understands the factors that influence rates. Shorter term locks...
Q&A
Asked by Erin
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
It's important to realize the distinction between a mortgage lender/bank and a mortgage broker. Brokers write loans, send to the actual lenders for approval (in most ...
Q&A
Asked by an anonymous user
Answered by Pouyan Broukhim
Mortgage Professional in Los Angeles, CA
One that doesn't drain your monthly income and builds equity
Q&A
Asked by kim
Answered by David Skow
Mortgage Professional in Seattle , WA
Using the same criteria on the same day at the same time, request quotes or proposals from both these firms (and whomever else you want to consider). Once you have th...
Q&A
Asked by William
Answered by Michael Bull
Mortgage Professional in Plano, TX
The only place I know that does refi's on manufactured housing is Wells Fargo.
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