Archive for March, 2009

What is the best mortgage advertisment you have seen?

Saturday, March 7th, 2009

Mike asked: I am a Mortgage Broker looking for some good ideas for advertising. What is the funiest or best mortgage ad anyone has seen? Any loan officers out there with any creative new ideas?Steve

Your Mortgage Could be a Goldmine of Potential Savings

Friday, March 6th, 2009

The House Team Of Mortgage Intellingence asked: "A penny saved is a penny earned"... or so the old proverb goes. Of course, the value of a penny has changed somewhat from the time when your mother offered her wisdom on the value of keeping what you earn. Today, you could ...

How does my mortgage affect letting my house out?

Friday, March 6th, 2009

Spunkfight asked: I have an interest only mortgage with my mortgage lender but I would now like to let my house out. I have been advised that if I let my house out I am obliged to let my mortgage provider know. I don't know what the repercussions of this would be ...

Residential Mortgages (part 1)

Wednesday, March 4th, 2009

Donna Elizabeth Lewczuk asked: Choosing a residential mortgage in today's market can seem like a daunting task. The borrower can be faced with a myriad of choices. Each lending institution presents their respective claims to the enquiring borrower in an attempt to entice them to use their residential ...

What happens to the mortgage on a house that is left to me in a will?

Wednesday, March 4th, 2009

Lost in Massachusetts asked: A relative will be leaving me a house in their will. If there is a mortgage (home equity) on the house when they die, do I take over the mortgage? I intend on selling the house when it is left to me.Sandra

How likely is it that my mortgage company will pull our credit again?

Tuesday, March 3rd, 2009

Sammi S asked: We were pre-approved for a mortgage, and we submitted the application for the FHA loan already. Our mortgage broker said that we'd need to have some receipts on outstanding payments we owe, and we've gotten those to provide to him. Now, how likely is it that he'll ...

I have a mortgage on one home, can I get a second mortgage to pay for another house?

Monday, March 2nd, 2009

TexasBound asked: I'm planning to relocate, but current owe a mortgage for $50k. I also have a bankruptcy on my record thats a couple of years old. I'd like to find new home in the state I choose to live in. Would I be able to get ...