Question by teachingmother: How do I refinance when my mortgage is more than the property value.? My husband & I purchased our condo with two loans from Bank of America: a 5/1 ARM @ 5.25% and a 2nd mortgage @ 6.75%. I would like to refinance our mortgages before the rates adjust. However, the value [...]
Question by Apple Juice: Should I refinance my home for a one percent lower interest rate? It is currently at 6.25% but I could refinance for 5.35%. We plan on having this home for atleast 5 more years, hopefully more, we are military, and will be renting it out when we move but are trying [...]
My boyfriend is changing careers and going into selling mortgages. What are some gifts I could get him for Christmas that would help him out or make the job easier? Related Blogs on selling mortgages the Scenes of Mortgage Advertising | Home Mortgage
Reverse Mortgage Disadvantage #1: The Money you receive from Reverse Mortgage is a loan and it does not be paid back one way or another. Mortgage business is a big business and the lenders are in it to make money. You get the money up front, the lender gets a guarantee that they will be paid once they get the title to the house when you are gone.
What is permitted and what is not permitted for advertising first and second mortgages? Is there a diffreence? Related Blogs Related Blogs on advertising first mortgages the Scenes of Mortgage Advertising | Home Mortgage Related Blogs on advertising second mortgages Related Blogs on type of advertising Connecticut Takes a Swipe at Attorney Advertising – Avvo [...]