Below is a list of questions you've answered. You can View or Modify you answers.
Why Modify?
Answers may need to be updated on occasion, especially in times of great change. It is important to keep your answers up to date. All modifications go through the same approval process as an original answer.
| Date |
Question |
# Views |
|
| 06/27/2007 |
If I owe less than 50% of the loan of my old house, can I use it as a collateral to borrow money to purchase a new home instead selling my old home ? |
2,322 |
[view]
|
| 06/27/2007 |
I'm hearing alot of news about how mortgages are packaged and sold to Wall St. How does this work and what is this all about? |
1,701 |
[view]
|
| 06/27/2007 |
What is a no ratio loan? |
3,087 |
[view]
|
| 06/27/2007 |
If I am the sole proprietor of a small business and apply for a home loan, what does the lender use as verification of my income? The Schedule C? If so, what figure? |
5,112 |
[view]
|
| 03/06/2007 |
No Income/No Asset verification - Is it possible to own a home WITH equity via NI/NAV loan program? Can you tell me more about this type of loan? |
4,086 |
[view]
|
| 12/11/2006 |
How does a mortgage lender decide the maximum amount of money I can borrow for my home? |
1,570 |
[view]
|
| 12/11/2006 |
We have a buyer for our home. He wants us to raise the selling price of the home by $55,000 dollars and show that amount in the closing costs. He has been qualified by the bank for our price + $55,000 - that way he can have some cash for himself. We are ok with this offer as long as we get the price we want. Can we do this? |
2,410 |
[view]
|
| 12/11/2006 |
What is steering? Can a loan officer only direct you to one program if there are numerous available for a first time homebuyer? |
2,595 |
[view]
|
| 12/11/2006 |
If I received a good faith estimate on a new home, how long will the interest rate stated on the estimate be good for? |
2,205 |
[view]
|
| 12/11/2006 |
If a home is in both mine and my husbands name, can a refinance loan only be in one person's name...or must it be in both? |
11,344 |
[view]
|
| 12/11/2006 |
Can you refinance or get a home equity loan on a house that is currently for sale? |
10,877 |
[view]
|
| 12/11/2006 |
What do I do if I get turned down for a loan? |
1,932 |
[view]
|
| 12/11/2006 |
What is the difference between list price, sales price and appraised value? |
2,521 |
[view]
|