My friend owns a property and casualty agency..this agency wants to begin working with a bank (assosciated with NAMIC) to be the middle man and basically go find people who want to refinance and do all the paperwork and then have the bank handle the processing. My question deals with the inherent problems that this [...]
I read public records when doing RE research so I’m wondering. I guess that only second and reverse mortgages show. And why would someone choose a second mortgage vs home equity loan?
Question by mimi: who has the best mortgage loan rates? i am looking to get a mortgage and was wondering if any knows of special rates or first time homebuyers programs they can reccomend Best answer: Answer by Luis S Okay, since you are a FTHB, let me clue you in on the most important [...]
And is that a good idea? If we found a cheap, pretty good condition mobile home in a park and then found a nice piece of land to move it to, would that be cost effective? Would having two mortgages be bad? I know we need to get a real estate agent but in the [...]
Question by JiMi: Should I refinance a home I just purchased 5 months ago? I purchased my condo 5 months ago for 99k at 6.5%. My payments each month are $ 766 (this includes PMI). If I were able to refinance at 5.2%, my payments would be right around $ 700 based on my calculations. [...]