Tag Archives: down

can you transfer your existing mortgage to a new house without having to come up with a down payment on the ne?

Question by Kevin: can you transfer your existing mortgage to a new house without having to come up with a down payment on the ne? i have a house with a mortgage. i want a newer house that’s worth more. … Continue reading

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Is it better to pay off and close credit card accounts or pay them down to below 50% to raise credit rating?

Question by S.W.: Is it better to pay off and close credit card accounts or pay them down to below 50% to raise credit rating? Our morgage broker is telling us that we should pay down our multiple credit cards … Continue reading

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Will 30 year fixed rate mortgage rates ever go down?

by kjarrett Question by Lepke: Will 30 year fixed rate mortgage rates ever go down? Everybody keeps saying that the economy needs a jump start – well, I am certainly willing to do my part and spend more once I … Continue reading

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Q&A: I have been paying down my mortgage aggressively. I want the freedom to own my home. Thoughts on this -?

by Mr. T in DC Question by PB: I have been paying down my mortgage aggressively. I want the freedom to own my home. Thoughts on this -? I am 42 and my husband is 46. We do not “sacrifice” … Continue reading

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Q&A: Can I refinance a home that has an upside down mortgage?

by justin Question by sully5408: Can I refinance a home that has an upside down mortgage? I have a 30 year fixed mortgage FHA. Can I refinance this for a lower intrest rate without having to bring what I am … Continue reading

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Q&A: Do I have to have money down to refinance my home?

Question by Noah’s Ark: Do I have to have money down to refinance my home? I would like to refinance my mortgage, yet all the research I have done with local banks requires a down payment. In all honesty, if … Continue reading

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We have a FHA Mortgage with 0 down. We have paid on our mortgage for 2 years. Can we refinance the FHA to low?

Question by Boatalot: We have a FHA Mortgage with 0 down. We have paid on our mortgage for 2 years. Can we refinance the FHA to low? We’d like to refinance the FHA mortgage to a lower interest rate. Can … Continue reading

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Is there any way to refinance my mortgage if my house is upside down? I mean seriously under water.?

by The Ardvaark Question by : Is there any way to refinance my mortgage if my house is upside down? I mean seriously under water.? My interest rate is about 6.5% and we owe $ 300,000 on a house that … Continue reading

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Why would mortgage lenders rather forclose on an upside down mortgage than refinance?

by J Anthony Is Question by Nathan: Why would mortgage lenders rather forclose on an upside down mortgage than refinance? If the balance is $ 350,000 and the house is now worth $ 200,000 why foreclose instead of re-negotiate the … Continue reading

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How can I refinance my mortgage without putting money down for closing?

Question by Mark B: How can I refinance my mortgage without putting money down for closing? I already have a 30 year fixed (6.38%) but would like to take advantage of the lower rates now. My mortgage is through SunTrust … Continue reading

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