 How can i sue my mortgage broker for lying 2 me? |
| my loan officer for the 2nd time has approved me for a loan and it failed. the 1st time we moved in on her word we were closing on such and such date. on the way to the closing i recieved an email ... |
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 Landlord wants to charge late fee? |
| My rent is due on the 1st of the month, i mail it out on the first of the month but my landlord is trying to charge me a late fee because his bank doesn't clear it until after that. Can he due ... |
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 Should i move back home- please help? |
| so i moved out to a great place where the rent of 840 (it's a one bedroom) i thought since my bf's lease was going to be over he would move in with me and i would defitely afford the place, ... |
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 How do I force a renter to move? |
| I was recently divorced and received a home in my settlement. Notified renters 1 month ago to move. They told me today they will not move until forced to do so. The renters are "system savy"... |
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 How can I collect unpaid rent from a past tenant? |
| We had to evict a tenant for not paying $4425 worth of rent. She actually showed up for court, and agreed to pay back rent, right in front of a judge, so we have a signed court order. It's been 9... |
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 When renting and it says no pets on the lease does that mean no pets? |
| We don't have a dog sadly she passed away and soon will be signing up for a new house to rent we at the moment we don't have any pets when it say's no pets would this also include no ... |
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 I am so frusterated. Will I ever find a house? |
| I am 19 years old and I just got prequalified on my own. At my age and income, I wasn't prequalified for very much ($85,000). Right now I live an hour and a half away from work and need to ... |
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 Are we as landlords responsible for a broken toilet seat? |
| We rent a property to a lady, who has lived there almost 18 months. We fitted a new toilet seat when she moved in. The company who manage the letting have informed us the seat is cracked. Are we ... |
|
 A man sold his house @ $100K this year, Sales Price is 40% over the orig.purch. price. What is the orig.purch$ |
a man sold his house @ $100K this year, Sales Price is 40% over the orig.purch. price. What is the orig.purch$
a.$600K
b. $625K
c. $400K
d.$715K... |
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 Joint mortgage with ex girlfriend? |
i need some advice please.
me and my ex girlfriend has a joint mortgage for the past year and we have just split up, i whent to stay back at my mums & dads house so she is now in the flat on ... |
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 Can I be evicted for non payment of rent? |
| My rental utilities are combined with my neighbors ,our land lord will not let us have a copy of the bill. we know our utilities have doubled since last year.i also have bees living in my living room ... |
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 Is being a landlord as much of a pain in the butt as people say? |
| I'm in my mid 30's and would like to have 1 or 2 tenants. I'm not looking for immediate profit but want the rent to cover the monthly costs for this investment. Is that possible?... |
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 Eviction ? |
what can my mum do as her landlord has served her with 30 days notice yesterday as he wants to sell the flat she is living in ?
she suffers from agrophobia and has panic attacks so she is ... |
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 My tenants will not vacate my flat even though i gave them 2 months notice - what can i do? |
Additional Details
I tried being nice to them but they won't leave - the tenancy is up on the 31st May and I want them out. They said they won't go until they find somewhere ... |
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 What does "AS IS" mean in Real Estate? |
| Hello, I have recently started house hunting. I found a place online I would like to look at but I noticed it said this home is "AS IS" does that mean that there is a problem with the home ... |
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 Does anyone know where to get a loan to buy a house with bad credit? |
| My daughter wants to buy a house for 19,000.00 and the app. is 70.000.00 but has bad credit. We need help fast. THANKS!!... |
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 I am trying to get out my apartment lease and can't find info. in my leasing agreement? |
| All morning I've been reading over my leasing agreement and the only information I found that is somewhat useful is that my apartment complex doesn't allow sub-leasing. (Something I wouldn&... |
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 Landlord refuse to give me the mailbox key, is that legal? |
| Rcently rent an apartment, its owned privately, landlord doesnt live in here and drops by sometimes a week. She refused to give me the key to the mailbox, only promised to pick up my mails twice a ... |
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toothbrushx2 | I am on a 30yr. house loan so my house will no t be paid off until I am 65yrs.? |
I would like to get my house paid off by the time I am 55yrs. I am presently 37 yrs old. What should I do to accomplish this goal? |
 |
 
ed201283
|
Make extra payments. I refinanced mine to a 15 year mortgage. My interest rate was lowered by 1.5%. I figure over the life of the loan I will save $120000 in interest. |
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Nunoyvgvna Awi
 |
you can refinance the loan into a shorter period of time.
or safer is leave payment alone and just add more to it as you can. |
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Vegastitan
|
You need to pay about an extra $50 or $50,000 a month depending on your loan amt and interest rate! |
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Andrew Christison
|
That's a great question.
What many people do not take into account is that there are easy ways to may down a mortgage sooner.
The first and easiest way is to change your payments to bi-weekly rather than monthly. This will take about 7 years total off of your 30 year fixed. Why this makes sense and actually works is that by making bi-weekly payments you are actually making 2 extra bi-weekly payments a year (or 1 extra month).
Everything that you pay extra will go directly towards the principal balance so, with a relatively slight increase in your payments and a bi-weekly payment schedule you could definitely have your loan paid off in 18 years.
Also, since it looks like you're about 2 years into it it, depending on your interest rate, it may be benificial to refinance either into a 15 yr. Fixed Product (depending on whether or not you can handle the payments, your credit history, and how your house has appreciated.)
Another recommendation which may sound crazy but makes clear sense is, once again, depending on your interest rate and the other guidlines above, refinance into an 10 yr. interest only (b/c you can get ultra good pricing), and paying it with both pricipal and interest in a bi-weekly payment schedule.
Just think creative, and keep asking for advice. There are many different options that could get you the results you want. |
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Iggie
|
that is, unless you pay it forward before you are 65 |
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kitty
 |
before you pay off early make sure that your will not pay penalties,if not and you have even $100 a month pay for the principle,if you have more than pay more,but if you don't have extra money than pay the mortgage twice a month,because in the beginning of mortgage you paying most of interest. |
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Dorothy and Toto
|
An 18-year payoff is easily done by adding about $100 extra to the payment every month.
You can ask the mortgage department at your bank for an exact amount, and they are always happy to have a loan retired early, so will help you set up the new payment and even deduct it automatically from your account. |
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tallbrian1000
 |
Pay extra per month. See http://www.calculators4mortgages.com/Calculators/Prepay/Prepay.html |
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jwils509
 |
3 main ways to pay your mortgage off sooner.
1. Make one extra mortgage payment a year. Make sure you put in the memo "Apply to principle"
2. Submit your monthly payments with an additional 10% added to it.
3. Submit half your mortgage every time you get paid (assuming you get paid every 2 weeks)
Any one of these will take 7 years off your mortgage. Combine them and you can take off even more time.
Good Luck! |
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ogrendle
 |
Jeff has a great answer. Work with your loan officer. |
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cowboybabeeup
|
watch the prime interest rate,,when it went down a few years back I refinanced and went from 8.56% to a fixed rate of 4.5%...if it does not drop to like - 2 pts. probably won't help but in my case it was the smartest thing i ever did. i had a 30 yr. mortgage and now my house will be paid for in 15 yrs. plus i paid off some other loans and walked away with 2,000 bucks in my pocket! good luck! |
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bart man™
 |
what were you thinking you should have a 15 year loan |
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xx_muggles_xx
|
Remember the cost of living goes up while your mortugage stays the same if you get a fixed rate. As your income increases put some more money toward the principle and you will get done with the loan sooner and have to pay less interest. |
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Steve K
|
Your present mortgage company can give you an amortization schedule that can show you how much to pay each month to have it paid off in the month and year you want it paid for in full. Most brokers can do the same thing for you, and if you haven't had a mortgage check-up in tha past three years, you should do one free with a reputable broker. Or use a free calculator on the web - see a site like fnmshome.com |
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Big Prich
 |
Visit www.WestCoastHomeMortgage.com and submit your info there. We will be in touch with you within 24 hours to assess your situation. Depending on your credit score and loan-to-value ratio, you may be able to get into a 15-year FIXED at roughly 5.75%, possibly better. |
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stargazer6440
 |
you pay half two weeks before your mortgage is due then the remaining half upon due date so more money goes to principle while still covering interst.....unfortunately some mortgage lenders have picked up on this little math trick and want a piece of the action so they're requiring you to sign up to this plan for a grand or two and do the same thing basically or they'll whip your pee pee by making you call it in coz they will redirect your funds and you will wind up paying a double payment unless you call it in and take their verbal brau beating until you promise to be a good little sally/johnny and not do it anymore k? ...people are *****... |
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GC
|
hit the lottery, become a hitman, sell illegal substances, etc,etc, |
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