Cindy16


I am looking into different mortgage.
Get very confused by so many different kinds of them.
What are the differences?

If we are planning to get a 300K mortgage, and planning to stay in the house for at least 5 years.
What mortgage might be good for us?

30yr fix
5/1
7/1
why there is 5/1 ARM?? What is the different between all these?

thank u

Harris T


I have lost my job and am now working as a cashier at a grocery store. The problem is that my new salary is not enough to cover the mortgage. I am in a very tight situation so I am curious to know my options. I have heard that applying for a mortgage loan modification can help reduce my monthly payments. Has anyone had experience with mortgage loan modification please let me know what are the steps to to lowering my mortgage payments.

hmmmmm


I have an established relationship with Bank of America however there are several other smaller banks and lenders out there with better rates. What happens if you get a mortgage through a smaller bank or lender and they go bankrupt or get bought out by another company? Does it affect your mortgage rate? Is that the chance you take or is the rate locked in no matter what?

TJS


I’ve been looking into these a lot lately, but I’m having a hard time deciding what company to work with. Anyone work for one – or have a reverse mortgage – that they can recommend?

schweezy7


My husband and I want to apply together for a mortgage, his credit score is excellent, mine is non-existent since I have been in the US for only 3 years and have used credit cards related to my husband’s account only. Is there still a way for me to be on the mortgage?
Will my income be considered as part of our assets when we apply?

holder_account


How does a mortgage work when dealing with tax returns?

Do we get back all the interest that we pay off or a certain percentage?

Please provide backup in your answer.

jess


me and my fiance are getting married in four months and were told by a bank that we would be unable to get a home loan bc of our credit scores. Mine is 540 and his is 550. His was great up until a couple months ago-he went through a divorce, and mine has ever been good bc of bad checks that i wrote out. In about two weeks I will finally have the finances to pay off everything that is negative on my credit report, FINALLY. We found a wonderful home that was appraised at $80,000 and is being sold for $40,000 (we live in a small rural town) but the bank said we couldnt get approved unless one of us has a credit score of at least 640. We could come up with about $3,000 for a down payment. I would be a first time home buyer and he has owned two homes prior. Together our monthly income will be roughly $2,600. Is there anywhere else that we could get a home loan, or does anyone have some advice on where to go next…

jaliahbug23


I owe about 10,000 on medical bills and about 5,000 on other unsecured items. I earn about 40,000.00 before taxes. Is there a company who can and will give me a debt consolidation loan with bad credit and no homeownership? I am trying to help myself.

**k**


Is there a certain day that banks add interest to mortgage loans? I am currently have a mortgage loan with Chase Bank.

oi8b4u2


i own my home and land in california and reside in it. i’m self employed (retail store) for 7 months. my home and property are fully paid for . i’m looking for a small loan 10-15k property is worth 175k my credit is bad any ideas? thanks