 Can i refinance my ballon loan into a fixed loan? |
| my 1st loan 280,000 is a fixed rate 6.65. my second loan 74,000 (15 years fixed with balooon payment of 54,000 at the end). can i just refinance the second loan. or combine the two into one loan. ... |
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 Realtor question.? |
| When selling a home, and one has to go down on price because of the market value....do you pay the realtor their percentage of the price you sold it at? Or do you have to pay the price you put down ... |
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 When is contract invalid? |
Additional Details
I am renting a property and the landlord advertised and agree that the property would have a backyard. Now he says he is not sure what the final outcome will be. A... |
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 Can I get a loan for a home/ mortgage payment before I pick a specific home? |
I am interested in purchasing a home and have a price range in mind. Can I get a loan for a home in my price range before I choose a specific house??
Additional Details
Thank you all so ... |
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 Can you buy a house with no down payment? |
| is it possible to buy a house or condo with no down payment?would it help if you have good credit and your credit score is 758?... |
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 When young should you bue or rent a house? |
| dont know what to do buy or rent for the first time its not time yet but some friends are moving into there own place should a couple of young pepole buy a house or rent a ... |
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 Should my landlord have warned me about a roach problem before I moved in? What can I do about it? |
Obviously I AM REALLY GROSSED OUT.
I noticed one roach in the sink on my first day. There were a couple the second day. On the 4th night, I opened my dishwasher and it was FILLED with ... |
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 We are looking to buy our first home ......? |
and we only have a couple hundred dollars for down payment but have heard about grants helping you with a down payment and closing cost does any one have any info about them ??
or a website that ... |
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 Y or N please: Are realtors more motivated to work with ...? |
| Are realtors more motivated to present to their seller an offer from a buyer who has no realtor they are working with and make the double commission vs. presenting an offer from another realtor where ... |
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 Property for 160000, can only afford an interest only mortgage. is this a bad move? |
| i am renting a detached 2 bed house and recently my landlord asked if i would be interested in buying the property. she has asked for 160000. i have 8000 deposit but can still only afford an interest ... |
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 House buying question please help!!? |
| There is a really nice house my wife and I like for sale or rent. We told our Realtor that we would like to rent to own it. The house has been on the market for over a year. He asked their Realtor ... |
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 Does any one know how to purchase a home w/out Realestate Agent? |
Does any one have any ideas how to find an owner who wants to sell a home w/ out using a realestate agent?
We have plenty of time to find our "perfect home" in Carle Place.
O... |
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 UK question: Can you get a mortgage if you are unemployed? |
| SInce being laid off I have been looking for work, but havent found anything in my field. But in the meantime I want to buy a flat and let it, as the rental income should take care of the mortgage. ... |
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 Does a first months rent get refunded at end of contract..? |
| if its been paid already... ok, so when i moved in i payed £700 deposit, and £700 months rent in advance.. i claim housing benefit because im a single parent, and i DO work, part time so get help ... |
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 My hubby jus turned 60,he may be made redundant,i have apregnant daughterat home,is she liable for the rent? |
my daughter will fin work the end of feb an start maternity leave
Additional Details
to clarify,the property is rented,if my hubby has to claim income support for the 2 of us and my ... |
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 I want to get rid of my Roommates who just moved in, easiest way ? |
| I was trying to sell my house but 3 deals fell thru because people couldnt get financing... I dont have much equity in it, just about 30,000 (after paying all kinds of fees, transfer taxes, real ... |
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 I've got 3 college girls who want to rent my house, but they say they want to pay individually, whereas I want |
one check on the 1st of each month.
Some have money, some depend on parents...so I asked if one parent could pay by auto transfer on the 1st and they could pool their money, but the parents don&#... |
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pmg2000 | Moving from an ARM to a fixed rate loan. Seeking advice on the best process.? |
I have been in my home for 3 years and I need to try and refinance my main mortgage (I have a 2nd as well). October 1, 2007, my ARM rate jumps from 5% to 7%. I have refinanced my last home, so I know the process somewhat, but I am a bit terrified this time around because it looks like even with moving to a fixed in the high 6s, my monthly out of pocket cost is going up about $1000. So I am looking for ways to ensure I am getting the best loan possible.
I went to my bank who said that they can get me 7.19% fixed with no points and no closing costs or 6.5% fixed with no points but with closing costs (which will cost me around $12,000, but would be wrapped in and financed over the 30 years - ugh!). I am thinking about doing the Lending Tree application but I don't really want to field 10 different mortgage reps' calls over the next 3 days. I think it's worth it if I can get a better deal, though. Right?
Any advice on best practices for this scary process would be helpful. |
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matzael
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I would definitely shop around, but don't use lending tree. Just go to a few different banks or a few local mortgage brokers to get different quotes.
The absolute best place to start is to ask your friends and family if they have someone they've used that was worth recommending to you. After that, I'd say to try your local chamber of commerce/bbb for listings there. |
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pearlmel
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the price for no closing costs is higher that the 12 k
read the this article and see for yourself. there is a better way to get a great rate and term. this is the only site i have found that i can find this information. they gave me the best rate and i have had friends go to them with no problems!
with the stuff they reveal i doubt many brokers like them.
I'refinanced with them they came in the best of all 4 i had
the best i have found was directlendingplanet |
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Yanswersmonitorsarenazis
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Skip Lending Tree. Stay local.
But start shopping.
$12K in closing costs (without any origination or discount points) is outrageous, unless you're financing $1 million or so.
Ask around to people you know, see if you can find a few good referrals to loan officers they trust. But still shop several. |
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beachlover
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bad bad bad noclosing cost laons are bad!!!!
lending tree sells your info to many brokers
bad idea lending tree is a marketing company plain and simple. you ll get tond of callls emils not what you wnat and not what you need to get valid ideas
read the truth about no closing cost loans and see if you still think its a good deal
go to a good source
directlendingplanet.com is a directlender! |
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RickRN
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It sounds like your bank is offering you a great deal! Lock it. If you are going to be in that house forever, pay the costs. If there is a chance you might move, do the no cost. Rates are going nowhere but up. |
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yoda the twentysecond
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If your rate goes no higher than 7%, the two loans your bank offered don't make any sense to me. If it can go substantially higher, I would consider it. And taking those Lending Tree calls might be worth it. |
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xander
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Unless your loan amount is $800K or more, your local bank is not even offering you a true "no points, but with closing costs" scenario. $12K is 1.5% of $800K, which is a fair estimate of closing costs for that size of loan. My question to you, is what is the size of your loan in respect to that gross figure for closing costs???
If you need professional advice, email me here or at work.
Work Email: ahamilton1@1stmetro.net
-Alexander |
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victormortgage
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Call Home Dream Loans , they are so good in this , ask for Giovanna Gallo |
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