Tag Archives: refinancing

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

Q&A: Refinancing my home mortgage. What do I need to ask the mortgage companies ?

by stirwise Question by Caesar: Refinancing my home mortgage. What do I need to ask the mortgage companies ? I presently have a 5.375 – 30 year fixed rate mortgage and my credit score is in the “Grade A”, excellent … Continue reading

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

Refinancing MassHousing/FHA Mortgage?

Question by gabyrig: Refinancing MassHousing/FHA Mortgage? I think it’s very annoying that people who do things right get ripped off and people who don’t rip the benefits. I don’t know the specifics of this new “bail out” plan but I … Continue reading

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

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

Posted in Q&A | Tagged , , , | 5 Comments

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

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

I have a five year fixed mortgage (5%) that will adjust in 2010, when should i think of refinancing?

Question by mshep: I have a five year fixed mortgage (5%) that will adjust in 2010, when should i think of refinancing? Best answer: Answer by italsteel1A 5% interest rate is an excellent rate…I am assuming it is a negative … Continue reading

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

whats a mortgage? and refinancing it?

by Jim Carson Question by : whats a mortgage? and refinancing it? dumb it down for me :] Best answer: Answer by chatsplasYou buy a home, you pay cash, you own it. You don’t have enough $ $ to buy … Continue reading

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

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

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

Q&A: Refinancing disaster – mortgage consultants please help???

by justin Question by nikki22: Refinancing disaster – mortgage consultants please help??? I recently purchased my first home in February (in Mass) and at that time the lender told me that he would refinance me in 6 months to a … Continue reading

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

Refinancing 6 months old FHA mortgage?

by woodleywonderworks Question by Scott: Refinancing 6 months old FHA mortgage? I bought a house 6 months ago and got 6% interest rate on 30 yr FHA. Watching the rates go down made me wonder if I can refinance. Since … Continue reading

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