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Answer Contributed by: Jeff Coon
Jeff Coon is a Branch Manager, Residential Lending Specialist for Freedom Mortgage Corporation.
If you need help with a mortgage in any state, contact Jeff by phone 732 938 2252 ext 303.

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Date Question # Views  
10/28/2009 My question is concerning closing costs in a fha streamline refi. What is the loan origination fee, administrative fee , and yieild spread differential? What is an average amount for closing costs? 214 [view]
10/23/2009 What are some of the pitfalls of a buyer purchasing a short sale? 333 [view]
03/04/2009 If you are buying a home and you get pre-approved for say 150k, then you find a foreclosed home appraised for 150k and they want 120k, can you get the loan for the 150k to pay off existing debt? 1,029 [view]
11/19/2008 How is a first time home buyer qualified? Does it go off of income? Thank you 2,315 [view]
11/19/2008 Is it smart to keep paying extra to my principal each month? I pay an extra 175 a month to help cut down on my principal. I will not be staying in my house forever maybe 2-3 more years. 10,867 [view]
06/03/2008 What type of loan would a person need to apply for if they have bad credit? 1,676 [view]
05/30/2008 I owe $750,000 on a house that is now worth $300,000. What can I do? 1,893 [view]
05/29/2008 I have a negative amortization note on my current residence and need to sell my home. Should I try refinancing before listing my home? 847 [view]
05/27/2008 If I currently have a mortgage with Wachovia and want to renew do I have to be living in the house that I am remortgaging? 4,209 [view]
05/27/2008 I basically owe more on my house than I can sell it for. I can no longer afford to live in it. How can I get out without ruining my credit? 1,418 [view]
05/21/2008 I have an 80/20 loan now. I want to buy a new house. My present home will only sale for the 80 part. Can I pay the 20 part with the new home balance? 1,221 [view]
05/21/2008 What is a home equity loan? 816 [view]
05/18/2008 If I sold my home via a short sale to avoid foreclosure and I had an FHA loan, will I be able to get another FHA loan? 1,868 [view]
05/06/2008 What options are available for down payment assistance for my home purchase? 1,274 [view]
05/01/2008 If my mortgage is due on the 1st of the month and the past due amount is due after the 15th, what happens to my credit or loan if I make my payment 2 or 3 days after the 1st? 8,213 [view]
04/29/2008 In a short sale will the seller make any money off of the short sale? 1,406 [view]
04/29/2008 Does a buyer pay a real estate agent commission? 6,317 [view]
04/28/2008 What is the first step in selling our house ourselves, after we have found a buyer? 909 [view]
04/28/2008 Name the three most used credit repositories? 3,263 [view]
04/25/2008 If you are married, do you have to apply for a mortgage in both names? In other words, can just one name/credit be considered? 5,163 [view]
04/25/2008 Why would a mortgage broker overstate the original purchase price on the refinance papers? 535 [view]