Archive for October, 2008
Friday, October 31st, 2008
Keyosha W asked: I'm in the market for a house, but my score is kinda low, does anyone know of a mortgage company that can work with a 585 score? I know interest will be high but I'm ready to be a home owner. DTI is good.Vanessa
Posted in mortgage | 5 Comments »
Thursday, October 30th, 2008
LadyCatherine asked: Most of the mortgage companys I have tryed will not give me a mortgage because I have a credit score under 400. They say they will not help anyone with out having a credit score over 500.
I have a fourclouser on my credit and a really ...
Posted in mortgage | 6 Comments »
Tuesday, October 28th, 2008
sammus asked: I want to refinance my mortgage and I want to start a home business before doing so. It would have no employees and I would still keep my current job. My home business will not require any due balances or credit lines to increase my debt. ...
Posted in mortgage | 4 Comments »
Friday, October 24th, 2008
fergl asked: I know I could use a simple mortgage calculator, but I am curious to know how my mortgage payment is arrived at. Is it cumulative interest plus principal divided by years and months. Please could you supply a detailed example as I not too hot with maths. For ...
Posted in mortgage | 3 Comments »
Thursday, October 23rd, 2008
Doug Mitchel asked: I often get questions from potential investors about the basic functions of a mortgage fund (aka a mortgage pool). Therefore, I've decided to write about mortgage pools in general to clear up any misconceptions. Mortgage pools are securities that are required by state and federal agencies ...
Posted in mortgage | Comments Off
Tuesday, October 21st, 2008
The House Team Of Mortgage Intellingence asked: For many people, mortgage payments are their single largest expense. Yet, when financing a home, most Canadians don’t comparison shop to ensure they’re getting the best mortgage rate and terms available. This mistake can cost homeowners tens of thousands of dollars over the ...
Posted in mortgage | Comments Off
Monday, October 20th, 2008
Pro Bargain Hunter asked: By the word "mortgage" We used to have begun only recently: a relatively new concept for the Russian practice. If the mortgage housing is becoming more common, the commercial real estate mortgages - has only sporadic cases. Mortgage commercial real estate or commercial mortgage (mortgage business), ...
Posted in mortgage | Comments Off
Saturday, October 18th, 2008
Charles C asked: My building suffered damage with a hail storm. The insurance company sent me a check made out to the mortgage company and to me. Now the Mortgage company is holding the funds and I can't finish the repairs needed. My mortgage payments are up to date.
The repairs ...
Posted in mortgage | 2 Comments »
Wednesday, October 15th, 2008
Bernard Chambers asked: Choosing the Right Mortgage - Mortgage Basics
There is an astounding range of commercially available mortgage products, which makes choosing the right mortgage increasingly difficult without a firm grasp of mortgage basics. Here we try to give the consumer struggling to understand the basics of what a mortgage ...
Posted in mortgage | Comments Off
Wednesday, October 15th, 2008
1st American Mortgage asked: A jumbo mortgages is a home loan that exceeds the limits set by Fannie
Mae and Freddie Mac.
How are jumbo loans different?
What differentiates jumbo mortgage loans is the loan amount. At present, loan amounts that are higher than $417,000 are usually deemed jumbo mortgages. This determination is ...
Posted in mortgage | Comments Off
