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Tag Archives: loan
How much can a loan agent make when refinancing a loan?
by USDAgov Question by Sunny Michael: How much can a loan agent make when refinancing a loan? I live in California, and I just refinance my mortgage. I found out that the mortgage processing company made about 1.2% commission of … Continue reading
Should we roll our second home line of equity loan into our first which we are refinancing?
by USDAgov Question by tennis: Should we roll our second home line of equity loan into our first which we are refinancing? We are refinancing our first mortgage. We have a second which is a home equity line of credit … Continue reading
Q&A: Can a mortgage be refinanced with a rural development loan?
Question by Andre K: Can a mortgage be refinanced with a rural development loan? I need to refinance my home at 7% with some cash out for repairs and updating. I am shopping around for the best deal. Best answer: … Continue reading
Can interest for a Home Equity Installment Loan be deducted the same as a standard mortgage?
by marsmet526 Question by Tom B: Can interest for a Home Equity Installment Loan be deducted the same as a standard mortgage? I can refinance with minimal closing costs compared to traditional refinancing with a mortgage if I use a … Continue reading
Q&A: What’s the difference between a loan modification and normal refinancing?
by woodleywonderworks Question by Where’s my scooby snack?: What’s the difference between a loan modification and normal refinancing? They sound the same to me. I’m just a little confused. There’s also a second mortgage and short refinance. Can someone please … Continue reading
Can I get a Hard Money loan & then Refinance Mortgage on a foreclosure property?
by cogdogblog Question by J Storm the Phenomenon: Can I get a Hard Money loan & then Refinance Mortgage on a foreclosure property? And How do i go about it? I took a brief real estate class and i remember … Continue reading
Would it be better to continue to pay on our Equity Line of Credit & our Mortgage or to refinance for 1 loan?
Question by Steph T: Would it be better to continue to pay on our Equity Line of Credit & our Mortgage or to refinance for 1 loan? Our interest rate on Mortgage is 5.87%, but we have a variable rate … Continue reading
How do you calculate the overall amount you’ll have paid at the end of a refinanced mortgage loan?
by J. Stephen Conn Question by : How do you calculate the overall amount you’ll have paid at the end of a refinanced mortgage loan? Also, how do you calculate what you would have paid overall if you’d have stayed … Continue reading
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Tagged amount, Calculate, loan, mortgage, overall, paid, refinanced, you'll
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Q&A: How long will it take the latest 3/4% interest rate cut to affect the mortgage and loan companies rates?
by stirwise Question by Cobabeology: How long will it take the latest 3/4% interest rate cut to affect the mortgage and loan companies rates? With the Fed’s decision to cut interest rates, I understand that banks will follow suit and … Continue reading