OK Mortgage Ins. I pay now $108.00 per mt. I want to refinance and i was told i'd have to pay the
Good afternoon Smirno_148_711,From the vast difference in mortgage insurance premiums, I would assume you are in an FHA loan, of which I am also assuming was around $225-250,000 or so? Well, if it is indeed an FHA loan, then the previous respondents are correct, you would have to have your loan...

can we refinance our 2003 mobile home?
We'd need a little more info of course, but the fact that it is a mobile home built in 2003 would be no issue at all. Best of luck to you and please let us know if we can be of any service.

what's a typical appraisal fee
Yes it does, and also by appraisal company. One tidbit of advice I could offer would be to call or request an appraiser that lives or has an office in that area. They will not incur as many travel expenses and would be your best bet to get a good deal. Or, some lenders may be willing to pay for your appraisal in...

who pays for a va termite inspection
"You are not allowed to pay for the termite report, unless the loan is a refinance. That fee is usually paid by the seller" Directly from the VA website. If it is a purchase, than a party other than yourself must pay for it. It is not an 'allowable fee' as per VA loan guidelines.

My mortgage company is requesting a rescore what does that mean?
Rob is absolutely correct. Just to give you a better idea what to expect, a credit re-score will typically take 2-5 business days to complete. It's main goal is to raise your credit score (or scores, as there are 3 main credit bureaus). Usually, a lender will already have an idea of the impact your re-score...

If I qualify for a HARP re-fi in all other ways, will it be denied if I have unresolved credit card debt at closing?
Each situation is unique and your entire financial picture is considered when a lender is making a decision on your loan application. Ask your lender to run your file through the "Automated Underwriting System" - essentially a computerized loan decision engine.It will literally spell out, for you...

What are average loan closing times today?
Average is about 45 days, although most purchase contracts seem to be made out for 30. A mortgage broker that has access to a multitude of banks may be your best bet for a fast closing, as they have the option of choosing from many lenders, all with different underwriting times. If you need something done...

change names states
Easy. Please follow these steps exactly:Step 1 - Sell your home in Atlanta.Step 2 - Buy a home in Boynton Beach.Step 3 - Enjoy!

Can you get mortgage refinancing with a 710 credit score?
A 710 score is golden in my book. The bottom line is that John is right, rates fluctuate and are on the way up. The projected rates for the near future, in my opinion, would have a larger bearing on your final, locked interest rate. I, as well as most people in here, would advise you to check out your options now...

what information i need to get a va loan thru my dad
Hi Jessica :-) You can't really get a VA loan 'thru' your dad, per se. If he wanted to get a VA loan under his name, for a home that you also lived at, then that would be acceptable. In other words, VA loan eligibility cannot be transferred to the children of the veteran. Somehow, I feel as if your situation may...

I HAVE A VA ELIGIBILITY CERTIFICATE, BUT NEED SOMEONE ELSE'S INCOME TOHELP ME QUALIFY FOR A VA LOAN.?
VA may or may not be an option for you, but using a co-borrower wouldn't work with the program guidelines. I was able to help someone in a familiar position, not too long ago. If you'd like to see what your options are, please feel free to give me a call directly at 407-371-1104. I am a local Florida mortgage...

When does PMI go away on FHA mortgage?
The below response is incorrect unfortunately. It's true you can't eliminate MIP (PMI is for conventional loans - FHA loans are MIP or Mortgage Insurance Premium) on NEWLY originated FHA loans BUT since yours was done back in 2008, it WILL in fact be removed automatically once you have 22% equity in...

20 year, 3.5%
What's your question specifically, Michael?

what are closing cost
Closing costs are fees paid at the closing of a real estate transaction. This point in time called the closing is when the title to the property is conveyed to the buyer. Closing costs are incurred by either the buyer or the seller.-Wikipedia

Zillo portfolio values properties I own at 1.2 million. How can I borrow against the portfolio?
This is exactly the type of situation I specialize in, but is much too complex to say from the limited amount of information provided whether or not it'd be possible to lend on that. You MAY need a 'blanket loan' but the ability to acquire one of those may be inhibited by the seemingly low value/unit you...

Condos I like rejected by fanie mae and freddie mac - can i use FHA??
Some mortgage companies, like ours, have programs specifically for non-warrantable condos. Even if a condo is not on the 'approved list' for conventional financing, there are still ways to obtain financing for it if you have a decent-sized down payment (20% typically). We'd be happy to help if you...

Is is likely that I can get a loan while on a L1B Visa?
Yes, it is certainly a possibility. An L1B Visa should make you eligible for most traditional US loan products. Every situation is unique though, so you should always confer with a licensed Florida mortgage professional before making any moves.Best of luck and feel free to reach out if you need any...