Extended lock for 180 days - Is this a good deal?

My new home would be ready in November/December....So lender offered me the following: 4.625% rate locked for 180 days with 1 time float down available at free of cost (4.375% @ 1.65 points + 0.25% for ...

planning to do joint mortgage/joint ownership, what's the lender opinions?

considering to buy a residential property jpintly with a family member.Family member has enough cash to pay own share in full.I do not and plan on getting a mortgage for part of my share; I can make 20%...

Are there any private investors out there?

My wife and I are attempting to purchase a home. We have good credit scores, very little debt, and a combined income that can easily pay for the home we are looking at. The problem we have is my wife ...

Can someone get a reverse mortgage if they already have a mortgage on th...

If my house is worth $340,000 and I have a first and second mortgage that adds up to about $135,000 can I still qualify for a reverse mortgage? Does it depend on how much equity I have in the house or l...

Should I refinance when I intend to sell, then buy a new home in the nex...

My current mortgage has a high rate, 7.45. I would like to refinance, but we intend on trying to buy a new home (larger family now, twins) and of course selling our current home. How does refinancing ef...

want a 300k mortgage, confused about terms?

I am looking into different mortgage.Get very confused by so many different kinds of them.What are the differences?If we are planning to get a 300K mortgage, and planning to stay in the house for at lea...

Can a FICO score of 600 buy really anything these days?

I have a question about fees?

It appeared to be unreasonably high but I wanted to check.....On Good faith estimate the loan originator stated the following figures to be charged by him/his bank (in addition to credit report fee): 1....

Is refinance a must to convert my primary residence into an investment p...

I am buying another home and making it my primary residence. I am planning to rent out my current primary residence, on which I have mortgage, thereby making it an investment property. Does that invalid...

Can I get a mortgage loan with only one year's W-2's?

I only have one year's W-2's. However, I have a cosinger, my father-in-law, who has an 800 credit score. I have a credit score around 700, and I also have a good debt to income ratio (the only debt I ...

sisterdadalia@yahoo.com

I recently did a Deed in lieud of forclousere, and my credit score is under 600 Can I apply for FHA loan?

When buying a condo, does the monthly maintenance fee count towards the ...

Assuming you have a good credit score--which I do, 698--I have heard that when getting approved for a mortgage, your mortgage payment must be around 30% of your gross income. If you were to purchase a c...

Do we have to finance as "secondary residence"?

We are applying for a loan to purchase a house that we will move into right after settlement and will live in exclusively for a long long time. Problem: we have a condo we just refinanced (with absolut...

ARM Loan Scenarios...

We're finding it difficult to find a single family home in our desired Chicago, IL neighborhood that falls into a comfortable price range, so we're considering financing a condo that we love, but which ...

Is the down payment included in the GFE closing costs estimate? Or is it...

Is the down payment included in the GFE closing costs estimate? Or is it in addition to??? My closing costs, per my GFE are about 7.5K. My down payment is 4.5k. I just want to know about how much I nee...