Getting a mortgage?
My fiance and I are in the process of buying our first home. Our credit is excellent, our debt is low, and together we make enough to purchase a home. However, our mortgage officer told us we might run ...
Should I refinance into a 7 year ARM?
I am contemplating refinancing from a 30 year fixed loan at 5% to a 7 year ARM at 3.75%. I owe approx $189K, have a current payment of $1055 per month and the house appraised two months ago for $270k. ...
im a first time home buyer should i go to my bank to try and get pre app...
and why is one or the other better?
Debt To Income Ratio Calculation Investment Property
Hi, I understand how Debt to Income ratios are calculated normally, but what is factored in when considering an investment property that you own? I've read that you take 75% of the gross rent (as stated...
Mortgage after Bankruptcy
My husband and I filed Chapter 7 bankruptcy. It was discharged February 24, 2010. We have reestablished our credit, made our payments on time. I know that the usual wait period it 2 years, but is it pos...
What is the minimum equity you need for reverse mortgage?
My parents need some cash supplements but they have equity in their home.
I'm a single man with 4 years left till retirement (at 66). Now it's tim...
I'm a single man with 4 years left till retirement (at 66). Now it's time to get married and buy a house. But what should I do first? I have enough cash to buy a reasonable house without mortgage but wi...
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