I am in search of finding a way where one can renegotiate with the bank of lowering our interest rate. We have 2 loans and want to combine and get a lower rate. Please help….. Do you know what the value is? Are you upside down in the property? If so you will be stuck [...]

Does anyone know any Mortgage Company that is doing loan 100% financing, 0 down to people with a credit score of 600-605? Honestly, with that score, you won’t get a mortgage through a bank at a decent rate. I just bought my house with 0 down though my local bank, so I know what the [...]

If they offer you a fixed & lower interest rate, go for it. See http://www.esuperfind.com/lowermybills.phpp?id=hra0tt16koo9 the affiliated site is an Experian company BBB approved so very safe. They might or they might not have you on. It depends on many factors and where you are located. addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Fmortgage-financing%2Fwhen-is-a-good-time-to-consider-re-financing-your-mortgage’; addthis_title = ‘When+is+a+good+time+to+consider+re-financing+your+mortgage%3F’; addthis_pub = ”;

The first answer is correct – Your first mortgage will be 85 percent with a 2nd of 10 percent and the seller doing a 5 percent. Now my question is this? Is the seller going to forgive the 5 percent – What that means is the lender does a 85/10 and after the closing, the [...]

Are there any fees associated with a home re-finance (other than points) that are tax deductible? No. None of the fees are deductible. Also, on a refinance, the points are not deducitible all in one year either. You must spread them over the life of the loan. addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Fmortgage-financing%2Fare-re-financing-fees-on-a-mortgage-tax-deductible’; addthis_title = ‘Are+re-financing+fees+on+a+mortgage+tax+deductible%3F’; addthis_pub = [...]

Does anyone know any Mortgage Company that is doing loan 100% financing, 0 down to people with a credit score of 600-605? I know we can with atleast a 600 score. Shoot me an email if you’re interested. addthis_url = ‘http%3A%2F%2Fwww.ucufutsal.com%2Fmortgage-financing%2Flooking-for-a-mortgage-loan-100-financing-0-down’; addthis_title = ‘Looking+for+a+Mortgage+Loan+100%25+financing%2C+0+down%26%238230%3B..%3F’; addthis_pub = ”;

I have checked with my bank, a mortgage broker, and another lender about getting a zero down %100 financing mortgage with no PMI. I have a better than average FICA score, and have a very low debt to income ratio. The best interest rate for a 30yr %100 financed fixed mortgage I rcvd was 7.5 [...]

I am giving my notice to a very secure job tomorrow, in the commercial lending industry. I really like working in mortgage financing and did it for two years previous to this job. I want to jump back in, but don’t know if I’m making a mistake, what do you think? NO. People will not [...]

Well, it can be possible depending on which lender you chose. Your interest rate would be very high causing your monthly payment to probably not be very affordable or worth financing 100%. You can also do a balloon loan which is two different loans the first is 80% of the mortage amount and the 2nd [...]

As of March 12th. They now require 5% down. Is it because banks are underwriting to many garbage loans? Losses how? No vague or arbitrary statements please. This is something that is happening industry-wide. Subprime lenders are tightening up their guidelines. Either they’re raising their requirements for 100%, or cutting it out entirely. addthis_url = [...]