According to online calculators, lowering my car payment 0 will greatly increase the "amount of home I can afford." Refinancing my car will bring my payment down just under 0. Is this a smart decision? Will this help or hurt my chances of getting approved by refinancing now and applying for a mortgage in 2.5 months?
Also, does anyone know of a free service I can call to get answers to questions like these? I will be a first-time buyer in a few months and I have a few issues that I have no idea how to proceed on. Or, if I provided my e-mail address, would any of you be willing to offer your expertise on a few issues?
While the credit crunch has made borrowing for… or against… your home more difficult, home equity loans and lines of credit remain popular for those with equity. Stacy Johnson explains what these loans do and if you should consider them.
I only owe ,000.00 on a home worth 3,000.00. It is a loan through Beneficial at 12.5% interest. My credit is bad due to the fact I assumed my deceased father’s bills. I would like to refinance my mortgage and get some cash out to pay off all my bills. I have a good income now.
www.LasVegasMortgageTips.com - Here I discuss that on October 4th, FHA mortgage insurance premiums will change yet again and this time it will detrimentally put another damper on the Las Vegas FHA Mortgage Refinancing market. Potential from using the FHA Streamline Refinancing program will be eroded. Homeowners need to take action now.
I am in the process of refinancing my property with my father. Since both of our names will be in the mortgage loan, do CA laws required him to be on the house deed or title too? He does not want interest in the property. If no, is it possible to ask the title company to just have my name on it during signing? If yes, can I look into a Quit Claim Deed? Thank you.
www.lowestpymt.com Are you getting tons of junk in the mail about your mortgage? This one is what I would consider the most outrageous proposition yet. We’ve been getting mail from these people. Kwe “Clay” Parker has been claiming to lower FHA and VA mortgage payments for FREE. ***Yeah right!*** We had to look further into this and this is what we found. I highly advise that you watch this if you received mail from Kwe about the FHA streamline refinance or the FHA rate reduction program. Free mortgage payment reductions with no requalifying? Fortunately, we were able to locate one of their recent clients and he was kind enough to spill the beans on this thing. He made it short and to the point. He has a message for anyone remotely thinking about working with the Kwe “Clay” Parker that you’ve gotta hear. Watch the clip for the full scoop. FYI - in 2009, Kwe “Clay” Parker joined American Bank and has been helping more people, but now in ALL 50 states. Visit www.SmartHomeBuyingBook.com http www.lowestpymt.com www.thecreditrepairsecrets.com http www.themarketinggenie.net
www.bills.com Ethan Ewing, President of Bills.com, gives you free information on recent events in the mortgage world. Visit bills.com for free mortgage quotes and more information.
We are currently at a 6.5% fixed 30year mortgage on 290,000. We are wondering if it is worth it to refinance to a 5.5% fixed 30 year mortgage. We’ve done the calculator on the mortgage websites and it shows a 0 a month savings but we have no idea what the closing costs would be.
My mother isn’t working and I wish to refinance her mortgage using my income since her rate is 8%. I live in the property and want to have some ownership rights as I’m paying the mortgage and such. She has no problem with me doing so. Any suggestions ?
Mortgage Matters with Mike Morisset - Episode #30 In this episode, I suggest anyone in a fixed-rate mortgage at 4.79 or higher should consider refinancing their mortgage. I also discuss a few different options to review when considering refinancing and a limited time offer that will save you money! Mike Morisset is a Mortgage Advisor with Silverman Mortgage Group & works actively in the communities of Langley, Surrey, South Surrey & Abbotsford. If you would like to read more of Mike Morisset’s blog postings or watch his podcast: Mortgage Matters with Mike Morisset, you can find him at www.themortgageblog.ca
