My folks have been tossing the idea of applying for a reverse mortgage. I am so unfamiliar with this type of financing. I question if they even know. What is all about and how can you tell if you are th...
My house was appraised about 3 months ago. I paid for two appraisals then. I think that I could qualify for a lower interest rate, but as I assess the different fees involved, I am wondering if I can av...
I am looking for a reverse mtg. for my sister in law. She was born in 1931 and is a widow. Her home has not mortgage. She needs a way to live for the rest of her life as her social security is not en...
My husband and I want to switch to a fixed rate. How much $ are we going to have to consider paying to do so?
Now that the rates are lower should I lock into something lower ? Would it be worth the cost to refinance ? or Should I keep it for now since it will probably stay at 5.25%?
What should I be looking for in lenders when refinancing. I figure that since I went with the lender that I am with, I should stick with him. However, I want the best deal.
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Points, fees, discount, origination - too confusing for me. Need someone to break it down for me. Thanks!
Here is the scenario:I own my home here in California. $400k mortgage, value is around $320, $2200/mo payments.We have dual incomes, combined to about $160k/year. We both have good credit, ~750 score ...
How am I supposed to go about buying a home, if I am newly self-employed; 2 years.?
My home could use a few upgrades, but is it worth it?
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