Tag Archives: mortgage

Is it possible for me to refinance my 2nd mortgage and leave my 1st alone?

Question by mcoopd1: Is it possible for me to refinance my 2nd mortgage and leave my 1st alone? I ask this because most lender said I have to refinance my 1st in order to pay off my 2nd, but if … Continue reading

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What Companies Offer Lender Paid Mortgage Insurance Programs?

Question by rita s: What Companies Offer Lender Paid Mortgage Insurance Programs? Please provide links to companies that offer Lender Paid Mortgage Insurance Programs, also known as LPMI. This is because I am trying to refinance my house and don’t … 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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Is there a mortgage that will allow me to pay off other debt?

by truliavisuals Question by Anna Z: Is there a mortgage that will allow me to pay off other debt? Basically, when I apply for a mortgage to purchase a house, am I able to get a greater amount than needed … Continue reading

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Q&A: Keep 2nd Mortgage or transfer it to credit card?

Question by Customer: Keep 2nd Mortgage or transfer it to credit card? I have a 2nd mortgage of approximately $ 3,400. The interest is almost 8% and I have approximately 16 years left to pay on it. I know I … Continue reading

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How to get a possible investor/buyer to take possession of my home & pay the mortgage until they can sell?

by kjarrett Question by msjdeloresjones: How to get a possible investor/buyer to take possession of my home & pay the mortgage until they can sell? My home is over 194K; I refinanced, w/ the help of my best friend. The … Continue reading

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Can A co borrower sell the house on the mortgage?

by woodleywonderworks Question by Answer Master: Can A co borrower sell the house on the mortgage? I have a mortgage with some one else. She doesn’t qualify for a refinance because she claimed bankruptcy 4 years ago. She’s been making … Continue reading

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In Texas, can you refinance a mortgage if changing from a primary residence to a rental property?

Question by Hokie: In Texas, can you refinance a mortgage if changing from a primary residence to a rental property? ***More specifically, can you refinance even if you have little or no equity in the home?*** We currently live in … Continue reading

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Q&A: Is it wise to refinance your home mortgage to consolidate auto loans?

by truliavisuals Question by Alecia C: Is it wise to refinance your home mortgage to consolidate auto loans? My gut answer to this is no. I tend to think that a refi on my home mortgage for 30 years to … Continue reading

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Are lenders required to disclose Lender Paid Mortgage Insurance to borrowers?

Question by geminiseventyseven: Are lenders required to disclose Lender Paid Mortgage Insurance to borrowers? I’ve recently tried to refinance through the HARP program and was told I could not because the company servicing the lender paid mortgage insurance on my … Continue reading

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