Credit score of 723, want to refinance my home
My home is valued at 295k, we have 200k left on the mortgage and 21 years. I'm currently getting a 5.5% rate and I want to see whether I should refi into another 30 year FRM or maybe use a different pro...
What is PMI and what options are there to deal with it?
I'm looking to buy a home and I think I understand PMI, private mortgage insurance, but what does it actually do? Is it safety precaution for the lender's investment? Also, if the home I'm looking at is...
Can I get a 4.0% Home refinance rate?
Homes worth 325k, I've got a mortgage of 267k. My current rate is 6.625%, and my credit right now is somewhere between 740 and 760. I've been pretty good on my debt for the past five years, but I really...
What is a USDA home loan and how can it help me for my first home?
I've been told to look into a USDA home loan, however I really do not know what they are. Is it a special financing or down payment scenario? I'm looking to get a home in York and its valued in the high...
What does a prior bankruptcy do to my chances to refinance?
I filed for bankruptcy in early 2010 and I think I might be missing out on some great rate opportunities. The home in question is worth 310k, but my credit is shot and I really don't know where to begin...
What do I need to qualify for the new HARP program?
I have a Fannie Mae home from 2007 that I currently am underwater on, roughly (135%). I haven't missed a payment for my mortgage in 3 years except I was late back in 2009 once. The home is valued curren...
686 Credit Score, need to refinance my home loan
Currently I'm at a 7.25% rate from a 30 year FRM, currently at a mortgatge balance of 110k of a 245k home. I make roughly 55k a year. What are some possible rates I could look for?
Spouse eligible for FHA loan?
I purchased a home under an FHA loan in 2002 and got married in 2008. In 2010 the house went into foreclosure but I was able to sell it to avoid the foreclosure. Now I am getting a divorce and would lik...
Albuquerque, NM - Dec 7th 2011
6 answers
- Latest answer by
Pam Schubert - VA certified loan specialist
Dec 8th 2011
VA refinance now that I am on disability
I've seen adverts regarding disability veterans getting a better deal. Do I need to refinance my current VA mortgage in order to take advantage of the lower rates, or should I contact my lender to begin...
Can I get an FHA Loan even if I've already bought a house?
I've already been a home owner, this was over 9 years ago. Do I still qualify for an FHA home loan or did I lose out on this? Home I'm looking at is 232k, and I want to make the lowest down payment poss...
Can I get a HELOC with only 40% equity in my home?
My home is valued at 246k and I've got a current mortgage of 147k. Is it possible for me to take a HELOC out on the house? I'm looking for a around 20-30k in credit from the home. Credit score has remai...
Is there a benefit from switching to an ARM from a FRM?
I have a 30-year FRM, 4 years into it at 5.25% rate, I've paid off about roughly 30% of the initial 280k loan, and I'm considering of taking advantage of the cheap rates of an ARM for the next five year...
Refi an apartment building loan
Looking to refi an existing apartment building loan. Presently its 5.75 with a balance of 630,000. Credit score is 780 and owed for 5 years (5 years left on loan). Also, what are the costs (points, ...
Refinancing my home with 706 credit score
To make it simple, I have a home valued last month at a little more than 274k, and I currently have a mortgage with a remaining balance of 193k. I have a DTI of 24% (front-end), credit okay at 706, have...
VA loan for a guy with bad credit
I'm looking for a VA mortgage, currently have a credit score of 610, but the home I'm looking for is $185,000 and I can put a down payment of $20,000 on it. Now I hear about no cost home loans or no fee...
Kermit, TX - Dec 6th 2011
7 answers
- Latest answer by
Michelle Curtis Loan Originator NMLS 401173
Dec 7th 2011
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