1st & 2nd - no equity

Do not qualify for HARP because LTV is too high and do not want to be late and try to qualify for HAMP. Freddi Mac owned and mortgage companies will not combine the 2 for the same reason (or refi the 2...

Options for 1st & 2nd & no equity

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does any lending agency offer a 7/1 arm based on 15 years

Rates in California?

a mortgage calculator has a default rate of 4.5%. Shouldn't it be higher?My fico score is pretty great, and I'm trying to guess what my rate might be today. I got quoted around 5% a few months ago for a...

Applying for a mortgage through credit union

If I apply for a mortgage at the credit union where I do my primary banking, can their loan application people look at my banking history with them, or only at the documents I submit with my application...

Can I get a 40 Year Mortgages in MA

We're having trouble getting approved for the amount we want based on my wife's salary being about 25% commission and her not having been at this job for over 2 years. With her commission we would quali...

Who offers non-Fannie Mae loans?

We are under contract for a condo built in 1999, which has 3 ground floor commercial units below 13 residential units. We are having a hard time finding a lender who will underwrite the loan because the...

I want FHA203K in rural Oklahoma, can any lender qualify if already 203K...

Purchasing a 4 plex, two seperate structures (so, two Duplexes side by side). My residence will be one of the units. FICO is 687 and I have steady income that more than meets the Note on a 104K sale. Un...

Refinancing investment properties

My relative has a few investment properties they own out right. They wanted to do cash-out refinance to invest in more properties but the bank told them they can't refinance investment properties at thi...

Mortgage for two-family home which buyer wants to occupy as a single fam...

If home is legally a two-family, but the buyer wants to convert to a single family home, what guidelines will the underwriter follow? Those relating to two-family homes or single family homes. the home...

Should I lock my rate?

I am buying a pre-sale which will be completed by the end of September (closing) which is about 60 days away.With all the debt ceiling drama the rates are surely going up in the next week or so. Should ...

How to refinance a new Fannie Mae - Freddy Mac backed loan?

We have a first and second mortgage with one loan at 6.25% and one at 8%. Great credit scores and no late payments. We've been in the house for 5 years and it's basically worth the money we paid for i...

HOA dues in my complex

I went to an open house in my condo complex. I over heard the Realtor telling the potential buyer that the hoa dues for our complex is $198. I pay $236. Why would my dues be more? I thought all resident...

Need more info on ING direct mortgages

I was wondering if anyone had any experience with ING easy mortgage. Their rates are so low and the promise of low closing costs is really appealing, but i don't like the idea of not going with a lende...

Find the way after a short-sale

Just a little background, I performed a short sale on my condo in May of 2009 in Brockton, Ma not because I couldn't pay for it but because of lack of responsibility of the Association and the fact that...