Archive for August, 2010

What about a 2nd career as a mortgage originator. Where can I get on-line training and what about the pay?

Tuesday, August 31st, 2010

Don F asked: I am 62 and thinking about semi-retiring. I would like information concerning mortgage loan originators. How much do they make on average? Do you have to work for a bank or other lender or can you work freelance? How do you obtain the necessary training?Rheem Gas Furnace

How do you subordinate a second mortgage?

Friday, August 27th, 2010

Richi asked: I am trying to help my client refi his first mortgage, but in order to do that I have to subordinate his second mortgage. The lender that I'm trying to sub is Chase. Any help would be greatly appreciated.Residential Hot Water Heater

Underwater Mortgage? Walk Away!

Friday, August 27th, 2010

davisfleetwood asked: ***** Independently produced & Individually Supported. Thank you for donating: wp.me ****** TWITTER www.twitter.com On facebook: www.facebook.com & the NCFT FB GROUP: www.facebook.com WEBSITE www.nocureforthat.wordpress.comWood Pellet Stoves

How can I take out a mortgage on a property to start flipping foreclosures?

Friday, August 27th, 2010

Michael N asked: I have never had a job. I am self-employed with ample cashflow to make mortgage payments, but no bank I have asked will let me take out a mortgage without two years of tax returns. Correct - I don't read / watch the news. I wouldn't be so ...

If someone dies and they were the only one on a 2nd home mortgage, will going in default ruin spouses credit?

Wednesday, August 25th, 2010

jenbrown73 asked: My friend's Mom past away and she was the owner (alone) of my friend's home. Now she can't afford the mortgage and is moving. Will the father be responsible & will it effect his credit if the loan goes into default, even if he did not ...

Should I take out a 2nd mortgage or home equity loan to pay off credit cards?

Wednesday, August 25th, 2010

mrfixit6549 asked: I'm going to be putting my house on the market soon. Should I pay off the cards now or wait til I sell the house? I expect to make enough to pay off mortgage AND outstanding cards but would like to pay cards sooner.Water Vending Machines

What happens when a mortgage co. puts a lien on your 2nd home after foreclosue on primary in ohio?

Tuesday, August 24th, 2010

Hint asked: can they make me sell the 2nd property to pay the lien on my primary or does that just keep me from ever selling it without paying the lien off. lost my job, the second property is paid in full on the same street. in ohio. it was a ...

“403CarLoan.com TV. A beautiful lady investing in a great vehicle!” Myk Aussie

Monday, August 23rd, 2010

Mr403CARLOAN asked: "Pt 1 of 2. Wow! This was a lot of fun as I picked up a beautiful Calgary based lady in downtown Calgary and took her to 403 CAR LOAN and Roadsport Autocredit to invest in a new vehicle. She looks at several vehicles in this TV show." ...

Can you include your 2nd mortgage in bankruptcy?

Monday, August 23rd, 2010

GV asked: We are considering claiming bankruptcy because we are unable to keep up with our bills and are sinking fast. We have a primary mortgage and a 2nd mortgage on the same property- can the second mortgage be included in the bankruptcy?Wood Pellet Stoves

How do I get a loan by taking out a 2nd mortgage on my home?

Sunday, August 22nd, 2010

PopLady asked: I need a loan, so I have decided to take out a 2nd mortgage on my home.. How does that work? and how long does it take to get the funds? I have never does this before..Ande Fishing Rods