Does the discount offered per point differ between lenders?

I am in the process of purchasing a home and have received two different quotes from two lenders for a mortgage. Both were obtained on the same day, thus market rate fluctuations are not a factor here.M...

purchase a home by end of sep 09'

Hey everyone,We are looking to obtain a mortgage and purchase our first home in the next few months (the end of Sep 09 ideally).We have just started to shop around on who can provide the best deals etc,...

PLease help me with "Origination Fee"

I am currently purchasing a home and am not quite sure how "buying down the rate" works and am wondering if my lender is trying to pull a fast one on me. I am being charged a $3,809.20 origination fee t...

FHA-Approved condo

I'm considering putting in an offer for a condo that's on the FHA-approved list. There is a pending lawsuit and renovation that's going on in the building. The assessments for the renovations are alre...

Why would anyone do a 15-year fixed mortgage?

I am just not sure what the advantages are? can you please enlighten me?

self-employed, limited credit history, been outside the us, do I have hope?

Hi,I'm currently 23 years old, and had been living outside the U.S. from 2003-2008. During that 5 year period, I was unemployed and living with my common-law spouse. In August 2008, I was presented with...

Home Loans

Hello everyone :I already have one of my homes on loan and i would like to purchase a second home.Is it possible that I can also get loan for my second home ?

tell me mortgages qualifications PLEASE

Howdy,I done been planning to gets me family a mortgage loan so thats I can get me a new roof over are head.Cud anyone tells me the basics to get started ?Please tells me what to do so I can get outta t...

Help with my loans

Lender411,I would really appreciate your reply.This is my situation:-2 loans with 2 seperate lenders.-My income to death ratio is :approximately 60%-My house that I own is worth half of what I bout it f...

Help Me Get Into A HOUSE THIS YEAR!!!!

Dear Lender411.com,I am someone who works for themselves. In 2008, I filed for a tax return which showed that I only made around 6500 k after I deducted my expenses.Now You might say 6500!!!! Thats it !...

Is FHA The Best Option for Us?

Hey,My family and I are attempting to buy a 400 thousand dollar home in florida. Together my wife and I earn close to 200k and we can currently afford to put 8 percent down payment.At this moment, they ...

Are there any loans available out there for someone who is self-employed?

I'm self employed, but in the past, I worked part time. Up until a few weeks ago,I was a high school teacher but thanks to budget cuts, I got laid off (This turned out to be a positive thing because no...

Everything about our refinance is fine, except that our property is a ho...

Is it customary to ask seller of the home to help us with closing costs?

We need some help with the closing cost. We only have moeny for down payment and a colleague says we can ask the seller for help. Is that true?

Is heloc still being made as a loan? I dnon't hear much about it

If I want some equity out of my home, what are my options or do i have any? Any help is much appreciated.