How Long Will It Take To Refinane?
If you provided all your information in three days and the appraisal is complete you should have an answer by now.Our underwriting turn time is 48 hours and we close most loans in about two weeks.I would sugest you ask your lender what the holdup is or consult another lender at this time.If you would like...

ARM or another 30 year?
With the uncertanty of our market today nobody can predict what rates will do in the future.unless you are sure you will sell your property in the time aloted ,and with fixed mortgage rates at an all time low ,I would sugest a fixed rate mortgage ,but there are alot of variables to look at.If you seek more...

My husband and I are trying to find out how to buy our first home. Anyone with info., please email me or message me on here please. Thank you
Kristin,The first thing is to find a Mortgage profesional that you are comfortable working with abd you feel you can trust ,than you can find out how much you qualify for and how much you want to spend.A good mortgag profesional should be able to answer any questions you may have and even be able to...

how do I validate the costs I am told ? Anyway I can be sure the costs are real and not made up? how come different lenders have different costs?
In order to comply Federal regulations lenders are not supposed to add junk or false fees to your loan ,but beware lender fees can vary from lender to lender.As always it is best to shop around and compare fees as well as rates.If you would like a competitive quote I would be more than happy to help you out...

Could i qualify for a mortgage?
Your first step would be to apply to see what you qualify for.I would be happy to help you through the process.BNC National Bank is a national lender with competitive rates and fees.You can contact me at my website www.bncnationalbank.com/minneapolis/pbodine

Mortgage After a Short Sale
Most lenders require two years with good gredit history after a short sale,some lender will wave this time period for extenuating circumstances ,they are done on a case by case basis. If your short sale was in april of 09 you dont have long to wait.if you have any other questions please dont hesitate to...

Relocating Need a a Loan
I can,at BNC National Bank we are a nation wide lender and as long as you qualify with both payments you can purchase your home in California. Even if the short sale occurs before you purchase, as long as there is no deficiency with the lender agreeing to the short sale, and and you have no delinquecies on...

2 mortgages, 1 payment?
That would depend on the whole scenerio ,typically a simple refinance would be what you are after ,alot of variables could help determine which direction should be taken.I would love to help you explore your options.Here at BNC National Bank we are a national lender with competative rates and fees.If...

FHA Home Loan Mortgage With and LLC
If one of you is planning on living in the property ,the other investors would have to go on the loan as non-occupying co borrowers ,as far as the LLC there are some stipulations that would come into play for that to happen. If you would like more information or to discuss this further please contact me.BNC...

Co Borrower?
If you qualify for the loan yourself you do not need a co borrower and your mother can gift you the money for the downpayment.If you would like to discuss this further you can contact me.BNC National Bank is a national lender with competative rates and fees. Patrick BodineSR.Mortgage Consultant 650...

I would like to refinance but I am currently about $60,000 upside down on my mortgage. I have good income, excellent credit rating and minimal debt.
If you have a VA or FHA loan there are options for you ,but depending on your loan to value ratio on a conventional loan there are other options we can explore also.Please contact me and we can discuss your options.Here at BNC National bank we are a national lender with competative rates and fees.Patrick...

Mortgage approval amount and almost paid off car payment
If you have less than ten months to pay on an instalment loan we can exclude it from your debt to income ratio.Please dont hesitate to contact me with any other questions or for a mortgage quote.BNC National bank is a nationwide lender with competative rates and fees.Patrick Bodine SR.Mortgage...

Life Estate Home Equity Refinance Question
Unfortunatly you would need to remove the life estate or get your father to sign off.

What is a porfolio lender? Do they offer better rates? My Loan borker says they are and I should choose a portfolio lender
A portfolio lender funds and keeps the loan in house usually on loans that are hard to get done elsewhere.Most times the rates and or fees are higher at these lenders but not always.Either way you should always get another opinion.If you have anyother questions please dont hesitate to contact me.BNC...

loosing home
If you need to use your husbands income than the answer is no, you said the loan is in your husbands name but are you on title for that property if so you would have to disclose that as a property owned by you.If not you would have to qualify on your own and than most lenders wont allow it as it would be percieved...

I want to change mortgage companies..Please help..
Without reviewing your whole situation it sounds like refinance is your only option.I would not be able to advise further without more information.Patrick BodineSR.Mortgage Consultant 650 Douglas Drive NorthGolden Valley, MN 55422Cell:651.248.0467 Office:612.305.2284 Fax:612.766.9884...

Stock markets going down helps mortgage rates right?
Usually when the market drops it tends to push investors towards Mortgage Backed Securities (MBS) but not always.A lot of variables can effect mortgage rates such as foriegn market volatility and or national disasters which can influence investors in different directions.Your best bet is to find a...

What is a good average down payment there days? for the best rate possible?
Dan,There are a lot of variables that need to be considered to answer that question (ie) credit score , term of loan ,primary home or investment,FHA or Conventional.I would be happy to discuss your options with you.Please feel free to contact me.Patrick BodineSR.Mortgage Consultant 650 Douglas Drive...

Investment property mortgage refinance question
We have Conventional products that go as high as 80% LTV,Also if you are refinancing a Freddie or Fannie loan we have a rate and term option for investment properties up to 105% LTV that you mght qualify for.BNC National Bank is a nation wide lender with competative rates and fees.If you would like more...

How long is it taking these days for a refi to complete if credit is good? Is 1 month reasonable to expect or is it usually more?
It really depends on your lender and your scenerio.If it is a simple refi with good credit and income We here at BNC National Bank have in house processing ,underwriting ,and closing departments and usually take two to three weeks.BNC National Bank is a national lender with competative rates and fees...