Archive for: April, 2010

Freezing the rates on adjustable rate mortgages is like which of the following?

A: Casinos giving back all the money that people lost gambling. B: Oil companies giving back the money that people with 15 MPG SUVs spent on gas. C: Cruise lines giving back all the money people spent on cruises because the passengers didn’t meet the man/woman of their dreams on board. D: Stockbrokers giving customers [...]

Who is responsible for filing liability claim under renter’s insurance?

insurance72

The washing machine I own malfunctioned and flooded part of the apartment I rent. The landlord is billing me for charges incurred for replacing the carpet padding and providing blowers to dry the carpet. I have renter’s insurance and have been told that the damages should be covered by the liability portion of it. I [...]

How does an FHA home loan differ from other home loans?

Loans

I’m looking at houses online and some of them say FHA buyers welcome. Does this mean that some people don’t want to deal with someone who has an FHA loan? Please also tell me anything you know about FHA loans. Thanks. Related Blogs Related Blogs on FHA Related Blogs on home Related Blogs on loan

Can someone with a felony record be a loan officer? primarily doing reverse mortgages?

I live in the state of Oregon, so please reply with the state you reside in.

How wise would it be for a life insurance beneficiary to pay off her husband’s debt?

Suppose her husband has generated a good worth of cash value in the form of his life insurance proceeds, but has also left a considerable burden of debt behind! Now, its truly tough for her to decide about what to do with the policy proceeds. Related Blogs Related Blogs on beneficiary Owner Financing – The [...]

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