Do you see mortgage rates for 30 year fixed loan going up, down or same next week and next month?
It is really difficult to say what rates will from day to day. It really depends on what is going on in the marketplace. My suggestion is if you are buying or refinancing and you got, in your opinion, is a good rate when you get loan approval, then lock it in. But make sure your loan will close before the rate...

my loan on my home is 8.25 and I would like to refinance my home I have a balance of 34,000.00
Hi. Not trying to sound like a sales person, but now is a great time to refinance! Interest rates are great. However, some of the factors the lender will consider in approving your loan includes the loan amount, term, credit rating, property value and the purpose of the loan. These are most of the factors...

I am working for a temp agency and want to buy a home. Will this be an issue? I work in office administration, and have been doing so for 12 years.
You can be employed for a temp agency. However, you need to show that you have been working with the temp agency for at least 2 years. This shows the underwriter employment consistency. In addition, although you are working for a temp agency, it strengthens your file if you can show you have been working in...

My son and daughter in law live with me and pay rent. It's cash, but I'd like to show that income to purchase a second home. Does it count as income?
Unfortunately, you can only use this as income if you can show you have been receiving it for 2 year and you are reporting it on your income tax return. in some cases, lenders even require you to show proof of monthly deposits and require the deposits have been made by check or money order as proof positive...

Hi Brian,How can I assist you?You can reach me directly at 504-313-2326If I am unable to answer, please leave a brief message and I'll call you back ASAP.Charles