Is refinancing a good idea?

I have a chance to refinance with an offer from my lender. From 3.25% to 2.625% and a 30 year term with 23 years left to a 20 year term. I still have $328k unpaid principal and will end up paying around...

Can I benefit from refinancing my home with an Interest Only loan?

Currently I have a 30 year fixed rate mortgage with a balance of $362,000 at a fixed rate of 2.375%. My home would appraise for approximately $500,000. I am retired and expect to sell our home within th...

HELOC loan for rental property?

I own a home in CA and I would like to buy another home and keep the current one as a rental. I want to apply for HELOC before I start the new home loan process. I want to know if i should apply for HEL...

Best loan with no or low down

An owner of a duplex in Sacramento is giving me a good deal at $375k but I need to close the deal in the next few weeks. I can’t afford a down payment right now and I need between 20% to 30% quickly. ...

Commercial loan for multi unit property

I am interested in purchasing a 5 unit property in Dayton, OH. I moved to another state and I’m looking for a lender that would lend to out-of-state investors without any problems. It’s frustrating ...

Loan application with seasonal income

I am trying to buy my first property but my concern is I don’t have a traditional job. I only get commissions from selling Christmas trees during November and December but I have enough money to buy m...

Refinance a jumbo loan

We own a duplex on 19 acres in South Dakota and we want to refinance. Duplex and land worth $1.4million and we want to borrow $1million to purchase new development land. Our current loan is a jumbo and ...

can I refi with a 580 credit score? I was fighting a bad back problem. M...

Best bank for real estate investing

I am a veteran and just recently put up my L.L.C. for my real estate investing business. I focus on rental properties and I am having a hard time choosing which bank to use. I am thinking of Navy Federa...

Cash out refinance qualifications?

I own an investment property worth $500k and owe $314k. I’ve had the property for the past 11 years. I have good credit scores but my last several years have been low since I left a W2 job. Can I qual...

HELOC without formal appraisal

I am starting an AirBNB rental business and would like to use my home equity to fund it. My home is valued at $350k and I need to close a deal on the property I am eyeing because the owner is leaving fo...

Reverse mortgage to get inheritance

Hello everyone, I would like to get feedback regarding my parent’s situation. They are both 65 years old and they plan to get a reverse mortgage on their home. They have a 780 credit score and own th...

which credit repair company would you choose if you were in need?

best options for less than perfect credit

Closing cost payments before closing date?

I live in Atlanta and I want to buy a new home to take advantage of the current housing market. I was approved by my bank and charged $50 for a credit report which was credited towards my application fe...