Mortgage | Home Loans

how does having two residential mortgages affect tax, etc?

Home Loans 17.11.2010 2 Comments

wl asked:

When my sister bought a house, she alone does not have enough credit to take out a loan, so I put myself down as a co-applicant. Now I’m planning to buy my own house, I was told I can get a mortgage, but I am not sure what implication does it have if I have two residential mortgages, if any?
Knowing this makes me feel must assured. Thanks!

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Tags: Implication, Mortgage, Residential Mortgages

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mortgage?

Other - Home & Garden 08.11.2010 5 Comments

bjm_116 asked:

if i buy a home of $350,000 detached / semidetached and 10,000 down payment then how much mortgage will i have to pay every month????

thanks for the answers
well if not 10,000 then wat abt 20 or 25 ?

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Tags: Abt, Mortgage

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Can you get a mortgage allowing you to bid on a foreclosed property?

Home Loans 05.11.2010 2 Comments

Die Bart Die asked:

Our realtor advises that only buyers with cash in hand can buy foreclosed properties at auction. There is a technical challenge buying if you need a mortgage as you have to be in contract to be able to get the mortgage approved. Is this true or is there a valid way you can get a mortgage and bid on a foreclosed property at auction?

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Tags: Cash In Hand, Foreclosed Property, Mortgage

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Mortgage?

Credit 07.09.2010 5 Comments

YEEH! asked:

I recently got a letter from my bank saying I owed them $199 from “late payments” on my mortgage. (you know how your mortgage is due and if you pay it late they tack on a charge) Well, everytime my husband went to pay our mortgage even if it was late, the bank teller never tacked on the charge. Anyways, they are saying their going to take us to collections for the amount due, does this mean their going to try and take our house? We have never missed a month on our mortgage, just a few times they didnt tack on the late charge…can anyone answer?
It’s was late a few times because our son was sick and we spent a ton of money going back and forth to st judes. But that wasn’t my question, will they try and take our house?

and we are making them on time now.

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Tags: Late Payments, Money, Mortgage

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With the Federal Interest rates so low can I refinance into a lower fixed rate with not so good credit?

Renting & Real Estate 25.06.2010 1 Comment

edawg32 asked:

I bought my first home from my parents about 2 years ago. The loan at the time was 8%. With the federal interest rates so low is it possible to refinance my fixed rate loan to a lower interest rate with not so good credit. I have a few lates on my mortgage along with an apartment eviction this year and collection accounts. Am I doomed to fail?

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Tags: Collection Accounts, Mortgage, Refinance Loan

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mortgage?

Other - Home & Garden 24.02.2010 5 Comments

bjm_116 asked:

if i buy a home of $350,000 detached / semidetached and 10,000 down payment then how much mortgage will i have to pay every month????

thanks for the answers
well if not 10,000 then wat abt 20 or 25 ?

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Tags: Abt, Mortgage

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Home Loans

how does having two residential mortgages affect tax, etc?

mortgage?

Can you get a mortgage allowing you to bid on a foreclosed property?

Mortgage?

With the Federal Interest rates so low can I refinance into a lower fixed rate with not so good credit?

mortgage?

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