Archive for August, 2008

Getting a Colorado Mortgage Rate Quote

1st American Mortgage asked: If you are looking for a Colorado mortgage rate quote for a Colorado mortgage loan, then there are many places to go. Of course there are many ads for different Colorado mortgage lenders that are based in the state and around the country. But for a better, more personal Colorado mortgage, [...]

More Canadians are Turning to Mortgage Brokers

The House Team Of Mortgage Intellingence asked: When it comes to mortgage financing, more and more Canadians are choosing to work with a professional mortgage broker. According to a recent study by the Canada Mortgage and Housing Corporation (CMHC), 23 per cent of mortgages written were arranged through a broker.Canadians are just catching up with [...]

Is it possible to refinance a car? Even when the state keeps your title for the current lender?

Big Joe asked: Someone told me that it’s possible to refinance a car. But North Carolina State destroys your title until it’s paid off. Can I refinance my car without my title?Mydomain.com

How do we refinance a home with a subprime loan that will be put into a trust?

JT6+1 asked: Is it best to refinance in the trust or to sign the house over to a family member with better credit and refinance and then put into trust?Add a link here 1

is it possible to refinance a heloc without refinancing your first mortgage?

JustSomeGuy asked: I have a good rate with my first mortage at 4.25 fixed for 15 years. I also have a heloc that is adjustible and is at about 8.5 percent right. I would like to refinance the heloc without loosing the rates on the 1st. Is there such a thing?Add a link here 1

Understanding Jumbo Mortgages

1st American Mortgage asked: A jumbo mortgages is a home loan that exceeds the limits set by FannieMae and Freddie Mac.How are jumbo loans different?What differentiates jumbo mortgage loans is the loan amount. At present, loan amounts that are higher than $417,000 are usually deemed jumbo mortgages. This determination is made by comparing industry standards [...]

What information does an appraiser provide in a refinance?

ihatevfsf asked: Obviously there is the market value they provide but what other information do they offer the lender that is key to get the refinance?Mydomain.com

What would happen if Countrywide files bankruptcy in the middle of our refinance?

JandJ asked: We have our 1st mortgage w/them and are about to refinance at a better rate in the next 30 days. Rumors are going around they are about to declare bankruptcy.Mydomain.com

Homeowners Foresee Long-term Mortgage Commitment

Tml-mortgages asked: More than a third of homeowners predict they will be nearing retirement before they own their own home, new research suggests.Responding to a One Account survey, 36 per cent of homeowners predicted they would be at least 60-years-olds before they paid off their mortgage.A further 20 per cent didn’t expect to fully pay [...]

Knowing About Mortgage

vik william asked: The best financial deals are found only after a thorough investigation into home loans and mortgages. Many people dream of owning their own home, but the high cost of homes generally requires a home mortgage to make it a reality. A mortgage is just like any other product; thus whether it is [...]