I have underwater mortgage through Chase. Is there a chance I can refina...

My interest rate is 6.225%(5/1) and it's going to recast by April of 2012.

Mortgage

Is the down payment requirement more on a legal 2 family house in NY than a 1 family house?

Mortgage Loan Advice:

Greetings,I've been renting a home for 5 years, but I'd like to make an offer to purchase. I've been employed with the same company for 18 years. I have a 600 FICO score & little money to put down. Is...

Mortgage help

Hi there, I'm not all that experienced in the financial arena so I thought I would come to this forum to get some insight on a few questions that I have. I would appreciate any thoughts/guidance folks ...

Seller paid downpayment?

My wife and I are currently in the beginning stages of the home buying process, we are now searching for mortgages to see how much we qualify for. We have little available for down payment so a mortgage...

I have a 15 yr fixed rate mortage with 8 yrs left. I owe $120K. I can...

Getting a second mortgage with a high debt to income ratio

We would like to buy a second home and rent out the first one after moving into the second. We currently pay 3000/month for the first mortgage and would need to pay about 4100/month for the second mort...

USDA Loans Eligibility

I'm a non US citizen with work permit, can I qualify for an usda loan single family home purchase if the home is in approved area, or USDA loans only for us citizens or permanent residents ?

close to retiring and looking for lower monthly payment and lower intere...

finally found a home!!!

My husband and i are bidding on a Homepath Home...middle score is 626....is this a possibility with a Homepath Mortgage?

Pre-approval paper work question

I'm getting my pre-approval going. My checking acct went negative last month because I forgot about autotransfer to my savings acct. Checking acct has overdraft protection from bank credit card. So, ho...

Interest rate vs. APR

Hi alI. I paid about $1177 for points to bring it to 4.75%.Lender said I would have to live in the house for 4 years (which I will) to make up for the points paid. The reality is that my APR (including...

Income determination question

So, I understand that income from the last two years is taken into account when applying for a mortgage preapproval, etc. My question is, are W2s the only method by which income is calculated? I ask be...

I get no FHA - but why would a seller care if 10%, 20%, or 25%?

If an all-cash offer didn't come in and wipe out all other offers on a house, why would a seller (including, but not limited to banks, so if you have a different motive for each, I'd love to hear) care ...

downpayment requirement -- historically?

Currently, one can get an FHA loan with as little as 5% (or less?) down. During the bubble, there were zero-down loans.What were down payment requirements before all that? In the 90s, 80s, 70s, 60s...?A...