Could there possibly be any advantages in waiting for HARP 3 if I alread...

I know its still in the works but is there any reason to wait for the next version?

how much will a short sale affect my credit?

i'm pretty sure my credit is going to suffer but if I could get an idea of how bad, it might be good to prepare for it. also, is there some way to mitigate that damage?

Adjustable or fixed rate?

I'm very inexperienced with loans and I've been trying to decide which would be best to purchase my first home. Basically I've been looking into adjustable rate mortgages and fixed rate mortgages, and I...

How does my employment history affect my chances of getting a loan?

Last year, I took a lot of time off work (about 7 months) in between jobs to travel. Now that I'm back, I am working full time again but I've been worried about the consequences of that employment gap. ...

My loan agent isn't honest and I'm not sure what to do.

I am passed my 30 day escrow, and already received one extension from the bank (short sale). In the last 7 business days, my loan agent (direct lender) has been telling me that "loan docs" would be pri...

How long must you be employed at a job before you can be approved for a ...

My husband worked a steady job for almost 5 years and has just started a new salary position job in Chattanooga, tn. We are very interested in purchasing a home in the next 6months give or take a little...

FHA or USDA?

I'm trying to buy my first house and I'm having a hard time deciding between a USDA guaranteed loan and an FHA loan. I've been trying to do some research but what I really need is some sound professiona...

Can I lower my escrow since my house's value decreased?

I purchased a home last January for 300K with an assessed value of 389K and taxes at $6,000. I've been paying $503 monthly into escrow, however, the value this year has decreased to 257K and dropped my ...

New short sale/foreclosure laws??

So I was recently told that starting in 2013, homeowners will be taxed on debt that has been forgiven through loan modifications or short sale? I couldn't find anything online that supports this claim b...

Should I finish paying off a loan now or later?

I'm trying to pay off a $70,000 loan at 5.000% but I've been offered 2.750% from Chase. Currently, I'll be paying off my loan by 2015. If I accept, will I be paying for much longer? Is it worth it?

Refinancing under HARP 2.0 in CA....Is this a good deal?

Basic info: owe 391,344 on home, but we are underwater (LTV 110-118%). Current rate is 5.875% and Bank of America was paying the PMI for us. So, we did have PMI on original loan, but they paid it---cu...

Can a Refi Plus only be done with my current loan servicer?

I just started my refi application with my current servicer for a HARP 2.0 and have locked my rate. Since they are doing a manual underwrite it will be very streamlined and will not need an appraisal a...

Which rate to pick for my refi?

OK I'm about to do a HARP refi and I'm not sure which rate to lock in. For a 3.99 rate after rebates and closing costs I would be adding about $1800 to my previous loan and the monthly payment would ar...

High DTI and Refi...Any lender that can help me?

OK here is my situation:For the last 2 years now I have been doing consulting work and receiving income as a 1099-MISC and independent contractor. My last 2 years of tax returns have a Schedule C (Pro...

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