Tag Archives: loan

Q&A: Is there a loan company out there anywhere that refinances under 500 credit score to stop foreclosure?

Question by loveystar1: Is there a loan company out there anywhere that refinances under 500 credit score to stop foreclosure? I am in need of refinancing our home. We are currently almost 2 months behind on our mortgages. We stopped … Continue reading

Posted in Q&A | Tagged , , , , , , , , , | 13 Comments

Will refinancing my auto loan to a lower monthly payment and less interest paid out, hurt my credit score?

by marsmet461 Question by BleadGreen: Will refinancing my auto loan to a lower monthly payment and less interest paid out, hurt my credit score? I’m preparing to buy a house next year and doing everything in my power to increase … Continue reading

Posted in Q&A | Tagged , , , , , , , , , , , | 2 Comments

if I have refinanced my mortgage a couple of times, do I need to keep the old loan documents?

Question by cookie: if I have refinanced my mortgage a couple of times, do I need to keep the old loan documents? we have refinanced my mortgage twice. Do I need to keep the documents from all the loans that … Continue reading

Posted in Q&A | Tagged , , , , , , , | 1 Comment

If I want to combine my 1st and 2nd mortgage what type of loan would that be?

Question by whattheheck: If I want to combine my 1st and 2nd mortgage what type of loan would that be? If we refinance and combine our 1st mortgage and our home equity line, what type of loan is that called. … Continue reading

Posted in Q&A | Tagged , , , , , | 4 Comments

Q&A: How good is an interest only refinance loan fixed for 7 or ten years at 6.125 interest rate?

Question by veron: How good is an interest only refinance loan fixed for 7 or ten years at 6.125 interest rate? We bought a home in FEBRUARY of 2005 the payments are pretty high we have a fixed 30 years … Continue reading

Posted in Q&A | Tagged , , , , , , , , | 2 Comments

When should I search for refinancing on loan with high interest and an ARM with penalties?

Question by imcurious: When should I search for refinancing on loan with high interest and an ARM with penalties? I’m trying to fix my credit; my ARM expires in May on my house mortgage. I pay over 8%. There is … Continue reading

Posted in Q&A | Tagged , , , , , , | 3 Comments

Q&A: Would it hurt your credit history if you refinance today and 6 months later apply for a new home loan?

by truliavisuals Question by qaboutcomp: Would it hurt your credit history if you refinance today and 6 months later apply for a new home loan? I am planning to buy a house in 6 months but want to refinance my … Continue reading

Posted in Q&A | Tagged , , , , , , , , , , | 2 Comments

Why do I have to pay the full month of interest when refinancing an FHA loan if paid prior to the end of month?

by marsmet526 Question by Brian G: Why do I have to pay the full month of interest when refinancing an FHA loan if paid prior to the end of month? I am refinancing my FHA mortgage to a conventional loan. … Continue reading

Posted in Q&A | Tagged , , , , , , | Leave a comment

Do we need to get a new title insurance when we refinance our home mortgage loan?

by marsmet461 Question by first-time homebuyer: Do we need to get a new title insurance when we refinance our home mortgage loan? We bought a title insurance when we first got our home loan. We are now refinancing with another … Continue reading

Posted in Q&A | Tagged , , , , , , | 3 Comments

Q&A: How long does a person have to stay in a USDA loan, before they can refinance with another mortgage company?

by woodleywonderworks Question by bgsimsrvp: How long does a person have to stay in a USDA loan, before they can refinance with another mortgage company? The individual took the loan out quite awhile back, when she was a struggling single … Continue reading

Posted in Q&A | Tagged , , , , , , , , , , | 1 Comment