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 Can I get a stated income loan with a rating of 710 w/ 10% down and $6000 in student loans still unpaid?
What do I need to take care of before I try to get prequalified? What will they ask me? Should I try to pay off the student loan first? Credit cards are paid off, no car loan, nothing else. This ...


 Joint mortgage?
hi
there is not enough equity in our home for my ex to give me the sum of money he promised he would.
As he promised me a sum of money, i had put in an offer for a new house, with me ...


 Is a 5yr interest only home loan a bad idea for a 1st time buyer?
I'm in the home market and do not have 20k to place down on a home, nor do I make 150k a year. Would a interest only loan for 5yrs be a bad idea? At that point I could re fi after 5 yrs for a 30 ...


 Advice on taking on a 100 year old house?
My husband and I may have a chance to take on my former marital home from my ex-husband since he stopped paying the mortgage and my name is legally still on it. It is not in a great area, and he has ...


 Where can I find a website with lots of apartment listings in Boston and Cambridge?
...


 How do I sell my house in a market flooded with similar houses?
I live in an area where are houses are not selling right now. I really need to sell my house by June. Any ideas that would help me sell in a market already flooded with similar homes? My asking ...


 Can I file bankruptcy to save my landlords house?
My landlord is being forclosed on. I dont have any where to go. Is it true that if I file BK, my landlords house will be saved, so that I will not get kicked out?...


 Can you buy a piece of land, plonk a caravan on it and live your dream of living self sufficiently?
My husband and i live in a council house, in a beautifull part of the world. Unfortunatley we are not that well off and could not possibley afford to buy a house in our beautifull village in cornwall....


 I need some creative fianance ideas for a construction loan on our land?
...


 How do you legally rent out your home?
My husband and I are just thinking about our options and don't know where to start. Thanks!...


 I rent a room in a house. Is the Landlord allowed to just come in to my room when he feels like and move stuff
The landlord lives in the same house and keeps coming in to tidy up despite being told repeatedly not to. So far he's damaged a Drivers suit from Richard Burns when he drove for Subaru, broken a ...


 I would like to buy a house but I have no credit is their an agency that would help me?
my fiancee has slightly bad credit and the only agency we talked to said we should go through a local bank but I don't think this is an option....


 Remortgage or sell & move on?
My partner & I have recently seperated. The house is in my name but we have a joint secured loan & a personal loan. He is refusing to move out until I either sell or remortgage to clear the ...


 What is this kid doing to close so many real estate deals? We have over 3000 realtors in my county board?
Theres a 22 year old Mexican Kid who has been in the business 4 years, ever since he was 18. He is the top producer closing 70 deals per year the last 3 years and he does little advertising. The ...


 Can anybody help me... I moved into a student house two months ago and signed a contract until the end of?
July. problem is i have come into money problems and can no longer pay my rent. i told my landlord this and she basically said... u need to find someone to take over your lease... if you dont then u ...


 Should I pay it off?
I have a mortgage left of 60k which I pay 6.125% . should I pay it off if I could. If I do ,I won't have much to fall back on if I need an emergency fund.My wife is barely working so I am very ...


 Submitted a 60 day notice and 8 days later told them that I did not want to move out.?
I gave them the 60 day notice on the 10th and called them back on the 19th and told them that I didn't want to move b/c I accepted a permanent position at my current job. They said that they ...


 Do you think it's a bit unfair that real estate agencies, buy bargain properties?
... before others have had a chance to even see them. Wouldn't it be better if they went to needy families, or something? Especially when there is so much high cost housing and rent now.
...


 Can you purchase a home that has a tax lien on it?
...


 Need help with letter to landlord to get waive monthly lease due to business is extreamly slow.?

Additional Details
I have a general retail store. We sell almost everything except for food. I don't know why our sale redeced almost 50 % for two months. It is getting worse and ...



John
Can I pay more on my mortgage?
Can I pay more than what the bank asks for on my mortgage? For example the banks said my dues were $1500. Can I pay like 2000 when I have more money or is that illegal on a fixed rate loan.
                     
 




Juanita
Rating
You may want to find out first if there is a prepayment penalty. If there is not, feel free to pay the extra money. Make sure to clearly state that the additional funds are to be applied to the principle of the loan.


lyllyan
It would actually be a good idea to pay more if you can afford it. It will significantly shorten your total mortgage term. Make sure you designate the overage to go to your principal, not the interest.


Jon H
I'm a mortgage broker from Edmonton, Alberta and in Canada all mortgages have whats called pre-payment privileges. This will be usually be that you can put up to 20% of your mortgage amount each year without penalty and that you can increase your payments by a certain amount. Look at your mortgage commitment it will tell you.


Miss NZ
depends where you live i know you can in california and can not in nz


Janet P
It will be stated on your loan. Just call the company and ask if you are not sure.

Pre-payment penalties are referring to refinancing. Paying more on your principle is usually OK.


Judy1
Usually you can pay extra. Check your mortgage agreement. Sometimes there are restrictions on paying extra.

If you pay extra the money goes toward the principal. Especially fairly early in the loan, this can really shorten the total time you'll be paying.


Nancy S
You should be able to pay more..but u have to specify where u want the extra money to go..like to the principal or escrow acct..


Vonda J
Rating
Yes, you can pay more...there should be a box on the statement showing principal you can put an amount in that space and it will go towards the principal and not the interest if you pay 500 more per month you will pay off your house much sooner...Great idea...


dewkisses02
Of course you can pay more on your mortgage. Anything over what you owe would be paid on principal.


chicagolove
Rating
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BEER IS GOOD BEER IS GOOD, LETS GO DRINK SOME BEEEEEEERRRRRRRRRRRRRR!!!!!!!!!!!!!


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