HECM and reverse mortgage

is there any reason not to choose a HECM reverse mortgage as compared to any other program? i understand that reverse mortgages are generally a bit risky but i was wondering what the benefits would be f...

underwriting

what is the process to become an underwriter? does it require a degree in something?

HARP Qualification

I did the check for HARP Qualification and I do qualify. However I am behind 4 months in payments and have 40000 in credit debit my balance amount to the BOA is 40000 my home is valued at 250000. I no...

Lender paid mortgage insurance and HARP

va loans, eem

do va loans qualify for the Energy Efficient Mortgage program? are there any special circumstances that might be required?

what programs are available for business loans?

what are the most popular business loans and which would be the most advantageous for a small business with a low down payment if feasible?

What is a loan modification?

When would a borrower need to get a loan modification?

80/10/10 mortgage or alternative to No PMI

I am looking at avoiding the PMI and make a down of up to 10%. The house price I am looking puts the Loan amount above the conforming limit of 417KDo I have any options where I can avoid PMI?

va guidelines manufactured home

what are the va guidelines on manufactured homes? i've been told that it is more difficult than other properties but i haven't been able to find the actual method of securing a va loan on a manufactured...

buying a relatives home in short sale

my sister is going through a short sale and I was considering purchasing her home but I was wondering what the legal implications would be and if this is indeed legal?

Getting 2 mortgages for 2 properties

Hi,I currently own a co-op in queens NY which is full paid off and am looking to buy a house as well as an investment property. I have 2 options1. Buy the investment propert all cash and put 20-30% do...

VA Loans

If your spouse dies in combat, do you qualify for a VA loan?

FHA Mortgage Insurance

If I'm taking out an FHA loan, how long will I have to pay for mortgage insurance? Also, what is the process to apply for its cancellation/reduction?

Shopping for refinance, where to get the best quotes?

I'm trying to refinance my underwater house but it is a rental. I have a pretty decent credit score and my loan is conventional. Where should I start looking for quotes? Any tips for shopping around?

Employed overseas, employment history verification

I was employed in Australia for the past few years but I am now living in the US and trying to get a loan. My mortgage broker wants verification of my employment history but the company that I worked fo...