Monthly Archives: February 2009

Why won’t my mortgage company rewrite my house loan so I can get lower payments?

funloving_responsible_red asked: I can’t afford my payments as my occupation changed and my income has dropped drastically.Cash Saving Deal

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What is the word for a person that put their name on a house loan besides silent partner?

tritt4 asked: I was told that another word for silent partner or a cosigner for a house would be called a “mechanic loans” has any one heard of this and is the spelling right. I do know that is really not the persons it is what they call it beside calling the a silent partner. [...]

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If someone dies and wills their house to another and there is still a loan on the house is it illegal for?

quidproquo888 asked: Is it illegal for the person who now has the house to just continue making the loan payments without telling the bank that has the house loan? What about the insurance? The taxes? Is any of this fraud? What is the status of the loan of a house when [...]

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You have two loans.one current home and the second is a land loan, which should you make extra pymts on first?

Home Owner asked: If you have extra money to make extra payments, should you make extra payments on your current home mortgage or should you make extra payments on your land loan (plan to build a home on the land in the next 1-5 years). If one of the loans has a 1% higher [...]

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Wheres the best place to get a home mortgage?

yodman30 asked: Im a bartender so I obiously have trouble showing my full income and due to a messy divorce, my credit is not the best. What are my options for getting accepted on a house loan?
What about owner financing. Is this a viable option?Manuela

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Mortgage help i just refinanced my home and got a adjustable rate can i still refinance and keep my loan 50k?

Andrew W asked: i just refinanced my home the original value was 45k and i had it paid down to 35k. when i refinanced it brought the value i need to pay back up to 51k. i have a adjustable rate now that will kick in may of 09 my percent is 12.750 i think. [...]

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Refinance my home, is it worth it?

Sally S asked: I’ve been living in my home for 3 years now, we took out a 2nd mortgage. Hour home loan was financed at 6.25, our 2nd mortgage at 7 3/8. I don’t want any money taken out i just want to refinance, put my 2 loans into one and get a better rate [...]

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how of much could i get on a home mortgage loan?

jamiet95608 asked: I’m thinking of buying my first home next year in sacramento. I’m hoping to see a significant drop from current prices. I make the median income (~$54,000). In 1 year, I’ll have ~$35,000 in savings and ~$5,000 in my 401k. I’m 23 years old and have been working at my job for 1 [...]

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Has anyone found a good mortgage company online in ohio?

R S asked: Also, is it safe to do business with online lenders? I have been eyeballing a website in Ohio that has programs for people with bad credit ( http://www.clevelandohiomortgage.com ) and have pondered the thought of calling them to do business with my refinance on the home mortgage loan. Should [...]

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