Buying shortsale and re-applying for pre-approval
Our bank wants us to pull our credit every 90 days on a short-sale house. Does this drastically effect our credit score when the deal finally goes through?
Investment Property Loans
I'm a small-time real estate investor and was wondering if anyone had any ideas how I could get financing for investment properties above 80% LTV. I have a few properties now but looking for increased l...
Freddie and Fannie. Your opinion?
Since the Feds announced that both Freddie and Fannie were going into conservatorship, what do YOU think will happen to the industry? Is this a good move for the taxpayer, or has someone very high up j...
FHA Mortgage Insurance Premium - Is it Deductable
I was just wondering when you get a FHA loan and with 3%, they require you to pay 1.5% Mortgage Insurance Premium at the time of closing. Is this PMI Deductible. I know PMI is deductible if you qualify....
Options for 1st & 2nd & no equity
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Find the way after a short-sale
Just a little background, I performed a short sale on my condo in May of 2009 in Brockton, Ma not because I couldn't pay for it but because of lack of responsibility of the Association and the fact that...
Is there a reduction in the waiting period for purchase loans after fore...
We lost an investment home to foreclosure due to a legal mess with the people who sold it to us. That was just over a year ago. Our credit score is still in the high 600s, because it was excellent (mi...
Who does mortgages for less than 50k?
I am looking to buy a few investments properties in the phoenix area. The houses I am looking at are 40-50k but i cant seem to find a lender to lend less than 50k meaning the offer price would need to ...
Should I do a cash-out refinance for home improvement?
My home could use a few upgrades, but is it worth it?
Hi, I have an ok job and I've been thinking about buying a house. I have...
I've been renting in the same place for 3 years, I've filled my taxes for the last 5 years and I've been working tha same place for 7 years. Thanks
What does "re-amortizing" a loan mean?
The term without the "re" is already confusing enough. Please explain.
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