 Refinancing with poor credit? |
| I am in an adjustable rate morgage, I have been for 3 years now. It is a 80/20 loan. Paid 115 and it similiar homes are going in the high 130 or low 140. My credit scores are 559 at low and 585 at ... |
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 How does a foreclosure affect a co-signer? |
Hi,
I was just curious of how you can save yourself, as a cosigner, from a foreclosure?
Does anyone have any idea?
Thank you very much.... |
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 Landlord/realty ignoring phone calls for maintenance requests. What to do? |
| What can be done if the landlord who is actually a realty is ignoring phone calls and voice messages left to them? There were more than four instances within the span of 6 days and they won't ... |
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 If you were facing foreclosure, what would you do? |
| Would you use Google to find a company to save your house or sell your house to? Is there a particular site you would go to?... |
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 I bidded on a house and now I cant afford it what do i do? |
| The other day I went to an auction and bidded 20000 over budget. The real estate person was really hassling me and I dont know why but I paid to much. I have not signed anything and I have not paid a ... |
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 Mortgage ? |
Can I cosign on a mortgage when I have no credit? As in no bad credit, no good credit?
Additional Details
I would be cosigner. Hubby is the major bread winner.
I have never ... |
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 Rent increases? |
| My landlord increased my rent twice already, once every 6 months since I moved to my apartment. Now they want to increase the late charges from $50 to $100! a couple of months ago we got a letter ... |
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 When a tenant gives 'written notice' when wanting to terminate a rental agreement. Does by email count? |
| We want to move out asap. The contract states 1 months written notice (nothing about it being signed). I emailed about 2 weeks ago, can I now write a signed letter and back date it?... |
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 Is there a sales tax on buying real estate? |
| If you buy a house, do you need to pay a sales tax on top of everything else?... |
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 I want to refinacne my mortgage in CA, are you a loan officer? |
| I got a 7% F mortgage for 15 years and i want to refinance it because i want to take out cashout of 90000 out of my equity of $250000. My credit score right now is 692. I want to contact some good ... |
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 Can a landlord raise the rent any amount he wants in a private house? |
| So far he has tried to raise my rent 100 every year since I moved in! I have no lease but isn't there some kind of guideline he must follow as a landlord?... |
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 When buying a home, should you tip your real estate agent? |
| I know the agent gets paid based off of the price of the home; however, what is a good way to show my appreciation for his work after closing?... |
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 Moving out of parents house.? |
I am 24 in part time eduction to get the qualifications i need to get a job coz i left school when i was 14 due to bullying. I live in the uk.
do you guys have any advice for someone ... |
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 Pay final rent or just move out? |
| We are in the final stages of a house being built, and we should close in the next few weeks. It is the beginning of July and we are contemplating just putting our stuff in storage, moving in with a ... |
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tedfrig | Is LendingTree.com legit? |
has anyone ever used it? i'm a first time homebuyer...and am looking for the lowest interest rate I can find. I heard that LendingTree.com will have different banks offer me different rates....
Please, fill me in... |
 |
 
KL
|
All lendingtree.com does is connect you with up to 5 different lenders who will then contact you directly to go over financing options. It says you the hassle of contacting the lenders yourself. After you choose a lender, lendingtree is done with you. They are just a lead website and have nothing to do with the financing (I'm not sure what the real estate agent who answered this question earlier is talking about.)
I purchase leads off one of their sub-sites, getsmart.com. When I receive the lead, I call and email the applicant (I do not pull credit until I speak with the applicant.) Once I touch base with the person and attain their basic info (income, assets, credit report, etc) I then start looking for the loan that has the best rate and closing costs for their particular situation (I'm a broker and have access to 30+ wholesale lenders.) That's it. I call the applicant back and go over the options I've put together for them.
In the meantime, others lenders are doing the exact same thing. All you have to do is sit back and wait for the quotes to come in, then choose the best one, whether you go by the numbers or the gut feeling you have regarding the banker.
Do not worry about multiple lenders pulling your credit report. As long as the company that is pulling it is a mortgage lender or car loan company and the pulls are within 15 days of one another, it will only count as one hit on your credit. |
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evan736
|
Shop around, shop around, shop around. Lending tree is legit but most of the time it turns the closing into a nightmare. As a real estate agent I know that most agents out there cringe when they see someone getting financing through lending tree. They just tend to take forever to close. They will give you a great idea of what kind of rates you can expect to get... but don't stop there. You should shop for loans like you would a house. Find the one you want and don't overpay to get it. |
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lendermark1
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Lendingtree is owned by Ameriquest Mortgage one of the dirtiest mortgage companies out there. Lendingtree lets Ameriquest cherry pick the deals first then sells your info to 4 other lenders(of course they say 4 but will sell to many more). Ameriquest rates are not competitive and they will burn you with high fees.
http://www.lendermark.com |
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Sara
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Yes!
They really do shop your app to several banks, all who pull your credit and get back to you.
All of the top five banks are involved. Just don't go for an adjustable rate, that's a bad idea. |
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ML
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Yes lending tree is legit. However they don't do the loan themselves. they take the info you provide and sell the info to a mortgage broker or company and they contact you. |
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Skip
|
Lending tree is about as legit as they get for what they do. Once you have completed their on-line application they sell your information to brokers and lenders that are signed up with them to do home mortgages. You could be called by several different lenders and each will have a different rate for you.
If you want to purchase a home the first thing you should do is find yourself a mortgage "Broker" have the following items available for them 1 months paystubs for each of you, 2 yrs of W-2 and fed income tax returns, 6 months bank statements from each of your savings and checking accounts as well as any from each of your 401k plans or profit sharing at your present employer if any. Once your broker has this information you will be required to complete a loan application. He will run your credit report to find out your credit score, which will tell him what interest rate you will be qualified for. Also with your w-2's and pay stubs plus credit report he will be able to tell how much house you can afford based on the amount of income you have vs the amount of debts you have on your credit report. I could be a 100% or less depending on your credit score. Your broker will tell you what percentage you will need to bring in as well as the closing cost necessary. This will give you a pre-approval to purchase your home.
After your pre-approval he will find a real estate agent he knows to assist you in finding a home. After you have found your home the real estate agent will write a purchase contract for you and the seller to sign. He will give this to your mortgage broker as well as other documents.
Your mortgage broker will then order an appriaiser for the property to prove the value of the property, open escrow or a closing agent for the transaction. He might need some additional documentation from you,but not to worry this is common. It will take approximately 10-14 more business days to close your loan, sign your loan documents so your loan can close.
I hope this has been of some use to you, good luck.
"FIGHT ON" |
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hotinla
 |
they are legit, but not very good. I used them a couple of years ago, but the quotes I got were high. Try starting with bankrate.com so you know what current mortgage rates are. Ask friends and family for referrals for a local mortgage broker. |
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rabatvilla
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They are a legal company and thats as about much good as you acn say about loan sharks. STAY AWAY! |
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Newt
 |
They are a screening company, they check your credit then funnel it to those lenders that meet your criteria. (up to 4) Then they in turn run your credit again to see if you meet THEIR criteria. If so, then they contact you and try to get you to use them. Go to your personal bank first, then to one like Countrywide Home Loans (I have them) Compare and choose. you have control. |
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Nick R
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Formerly Ameriquest charged with fraud.
NO! |
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Sassy
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I am a licensed realtor. Yes, Lending Tree is legit. However, you have to be extremely careful. They sell the loan to a mtg broker, they do not themselves do the loan. They also farm you out to sometimes 10 different lenders. Each of those lenders could pull your credit. If this is done in a short amount of time it can drop your credit score which will cost you in the long run. Do yourself a favor and go to a lender who holds the notes, not a mortgage broker who sells them! |
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