New to investment properties, help!

I'm interested in buying my first investment property to rent out, I found a nice unit for around $165,000, have 15,000 for a down payment. Now if at 4.5% APR, it looks like my payments will be $931 a m...

Difference between FHA and HomePath?

If I'm a first time homebuyer, whats the difference between a HomePath and an FHA mortgage? I've heard about both but only know specifics on the FHA. The home in question is 215k.

Since, you have credit scores from the three major credit reporting agen...

i need a home equity a second chance loan after chap. 7 bankrupty how l...

Straight out of college looking for a home.

So I finished college this June, I got a great job making 60k a year plus commission, and I'm looking for a new home. I really don't know where to begin. I know credit will be a factor, but all I've had...

Our Question is VA loans and termite inspection/treatment!

We don't understand the termite inspection/treatment rules. Please explain. We were told that VA would not let us pay for treatment or inspection out of our own pocket if we chose a house that needed it...

Underwater mortgage, need advice

My mortgage is currently over 300k, and my monthly payment is 3200. The value of this house has gone from 475,000 to 180,000. Should I walk away from this loan, because I cannot afford this or refinance...

Combining 1st and 2nd mortgage for HARP refinance?

Our first mortgage is an ARM with a low interest rate. Our second has a 14+% interest rate, combined both loans are less than 125%. We wanted to combine what we owe on both loans into a 30 year FRM and ...

FHA loan after banktrupcy

About two years ago I filed bankruptcy and included the home in the bankruptcy. The property was discharged along with the bankruptcy. Is this house considered a bankruptcy or a foreclosure? Would I hav...

Does down payment affect interest rate?

I am in the process of buying a condo for 250k. 780 credit score and I am being informed that to get the best rate I need to put down at least 25%. If the home appraises for more than 250k, would it be ...

Refi a rental, HOA problems in the past

I own a condo that I wish to rent out but would also want to refinance it. Small loan at a high rate. I attempted to refi a few years back, but due to HOA delinquency I was unable to do so. Can I move f...

Different ways to refinance a rental property

I'm looking to refinance a rental property, currently I have a 30 year fixed 5.375 loan, other homes in the development are selling for low 300's, we all use the same set of floor plans. My loan amount ...

Home equity loan for remodel, possible to refinance after?

We are looking for ways to get a home equity loan now and then refinance later. Is there such a thing as a construction loan to remodel the house? Current home value is $280,000 and a loan amount of $18...

Will I save money if I refinance?

I was wondering if it would be a good idea to refinance a house down to 3.2% 15 year FRM from 4.2% 15 year FRM if I only plan on living there for 5 more years. House was bought at 610k, with 30% down si...

Why should I refinance?

I've paid off 7 years of my home mortgage so far, the refinance calculators are showing how long it will take to get back the upfront costs, but what about the 7 years I'm adding to the loan? Isn't that...