Second mortgage
You actually have answered your own question. You should not be able to obtain a second mortgage unless all parties in title are in agreement. Also, I would advise against a second mortgage. I have seen too many people who decide to sell and move within a short time of getting the second mortgage, then when...

do you do va loans, charles is a veteran?we are in a bad mortgage, corrupt from the beginning, and we need lower payments and an escrow, also need to pay several bill to free up money for living expense, can you help
Hi Charles,If you would let me know your area, I would try to recommend a local lender. Do you belong to a credit union? I find their fees the most reasonable.I would also suggest you call ERA Mortgage - (888) 663-3411

Refinancing into an 7/1 ARM with 8 years left?
I see you are thinking outside the box, but I see a few issues with this plan. 1) What is wrong with a 4.875% interest rate?2) What are you going to have to pay in finance charges to get the new loan?3) What is likely to happen with the interest rate you buy into on the ARM? I can answer that... it will go UP! I would...

What's the best way to finance some home remodeling into a refinance?
I would recommend you talk to your bank about a "construction loan" which will advance funds to you as the work is finished. You DO NOT want to pay the contractor all the money up front. They should be good with periodic "draws." Once you have your total cost, do the refinance. Shop for...

Porting a mortgage over
Have you got a buyer yet for the $249,000 house? Does this price make it a short sale? Have you considered allowing a buyer to assume the loan through a land trust? (More info on that at http://fencetalk.com/) There is a company in CA which specializes in this form of transaction.Wayne BarnesBroker...

How to sell my deceased fathers home in Oklahoma when "as in condition" with VA loan
If the contract of sale was written with the condition of VA financing, it does not matter how many times the contract says it is sold in "as is" condition. The VA financing will override any other agreement. If the VA appraiser calls for a structural report and the report calls for structural...

Purchasing my mother's home. Am I likely to get a mortgage loan?
This sounds like a really great opportunity for you. There is another option which I have not seen mentioned yet. If the original mortgage is assumable, I would recommend you go that route. If the mortgage is current, meaning your mom is not behind in any payments, an assumption of her mortgage would save...

home refinance and improvement loan
If you are wanting to do a refinance, you would have to have some equity in the home if you wanted to get some cash out for any home improvements. Put some thought into a refinance. The closing costs will increase your loan amount. However, if you are getting a much better interest rate this could be...

Are va-eligible borrowers only allowed one zero-cost home purchase?
All of the responses put together give you some very good information toward the answer to your question. I am not a mortgage person but I know that 1) with a VA loan there are closing costs, but there can be adjustments made by your mortgage company where the closing costs would be absorbed into the loan....

Transfer the house to the son while still paying the mortgage
I don't know if you have resolved your issue, but there are a couple of more options. One would be the quit claim deed route but write it as a survivor's deed. This would be where the house goes to you in the event of your mother's death. It helps avoid probate. You may want to consult an attorney on that.The...

Is there a way to take equity out of land I bought and paid off?
I would ask, what are your plans with the land? Is that something you would consider selling to pay off your mortgage? If you have consider a sale, there is a way you could get monthly income from the sale of the land rather than a lump sum. Let me know if you want more details.

What happens if you lose your job after closing on a house?
If the loan has closed it is probably safe to say you have moved into the house. The first thing to do if you have lost your job is to not panic.Your priority is to continue making your payments. I am hoping your real estate agent gave you the advice to NOT buy more house than you can afford. I tell my clients they...