Mortgage Community Forum Topics - RSS FeedThrough MortgageFit forums, the Community holds discussions on various issues that common people come across while dealing with professionals in the mortgage industry. The forum topics also highlight the knowledge and experiences shared by our Communitybacking out of mortgage- September 17, 2008 i recently was looking to refinance with citi mortgage who is my current lender .i signed the application and was looking to cash out an extra fifty thousand dollars.the loan was not closed and and they were asking for a current home owners policy to close the loan.i didn't give them the info.at that time i had second thoughts and asked to kill the loan and asked what fees i owed.The broker refused to give me the total and The loan was then quickly approved and now they are looking for the full.http://www.rss-portal.com/articles/?article=58d5c359301fd0966a960bbd8250940c What kind of loan would be the best for us- September 17, 2008 We owe $84,000 on a home equity loan. We have 7 12 years more to pay on it. We pay $1200 per month on it. My husband plans on retiring in the next couple of months, we want to have a lower per month payment, so we want to take out some kind of loan for 20 to 30 years. Is there a certain type of loan we should be investigatinghttp://www.rss-portal.com/articles/?article=7413782d70d135543b89870658878124 Do you think I can get a bank loan considering......- September 17, 2008 My credit score is 690. I need to close on a new home I am buying from the builder (lease-to-own). Pd 100K down. Bal 450K. My salary is 200Kyr. Very little debt less than 50K. I have been self-employed for approx. 14 yrs. Do you think I can qualify for a mortgage loan I currently have little over 100K in savings. Considering mortgage crisis today, should I try to close now or wait. House recently appraised at 660K. Please help!!!http://www.rss-portal.com/articles/?article=b5944658bf7b1a40707e439e801894a7 Is a Stated Income Stated Asset loan with 10% down payment and 655 score still available- September 17, 2008 Is a Stated Income Stated Asset loan with 10% down payment and 655 score still available...In today's market, is it possible to get a 90% financing loan with a fico score of 655 My documented income is only $50K a year but actually pull around $100K. That's why I may need to get a Stated Income Stated Asset type of loan. The property I'm interested in is in Long Island, NY. Do you think it's possible for me to obtain a loan based on my situationhttp://www.rss-portal.com/articles/?article=0ec12e7a1f19a880fb571b263514e427 steps to take to apply for a loan- September 17, 2008 Hello i am riccy I want to know how to apply if i have the foloowing details State: FL Amount: $123,500 Property type: SF Documentation: full FICO: 559 LTV: 95% Occupancy: OO Loan purpose: RefinanceCash Out Will there be any chargesupfront fee if i am not in the same country with the lender. Please i need comprehensive explaination on the steps to take and expected demands from the lenderhttp://www.rss-portal.com/articles/?article=cbe052277ae8aa850ad0174e484c461a Ownership- September 17, 2008 If you get a mortgage loan under three people and only one is on the deed as owner. Are the other two that are not on the deed still considered owners of the property. If They are not on the deed.http://www.rss-portal.com/articles/?article=85c33c5dfb6a2896f93e3641cba40fff ARM GOING TO ADJUST- September 17, 2008 I am in a 3 year arm that will rest in 8 months. I have a good credit score and great pay history with wells fargo. However when I got a my mortgage I had a subprime rate of 9.99, that is adjustable. How can I get Wells to lower my rate. thank youhttp://www.rss-portal.com/articles/?article=3d73f7f5d175acd575682b82a43ecacb Quit Claim to avoid creditors- September 17, 2008 I was an officer of an incorporation. The business failed and I (all the officers) personally guaranteed credit cards, machinery, supply house lines of credit, and so on. The creditors are threatening to sue if I don't pay the business debt back. Right now I can't be the only one responsible for paying the debt back, I invested a lot into starting this company and lost a lot and now the creditors want me to personally pay it back. I don't want my family to suffer the results of a bad business...http://www.rss-portal.com/articles/?article=726be11fb0d434212bf5c4430d7d3805 24 year Mortgage and 3 year marraige ending in divorce.- September 17, 2008 I have owned my home for 24 yrs. I will be going through a divorce from a lady I married only 3 yrs ago. She did not contribute to the home. We did not have any children. She now wants half my house. Is there anything I can do to stop her from this I am 69 yrs old and cannot afford an attorney.http://www.rss-portal.com/articles/?article=a04136c61986d1fed7c74716c3ad0649 Looking for options...- September 17, 2008 We just recently refinanced our house out of a construction loan to a permanent loan (with a 3 year minimum commitment before refinancing) this last March and our current loan value was at 90% at the time of the loan. My wife hasn't worked since July and we have been living off of our savings. We currently are about $500-$1000 short every month but we are still current with all our depts. Unfortunately we are running out of savings and we are looking to be short on making a house payment in...http://www.rss-portal.com/articles/?article=b2e3abb92d502bea306265d3f2be6ecb |