Showing related tags and posts accross the entire site.
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As the daughter of a Realtor I was always taught (I have owned 5 houses) that the mortgage can be generally calculated as 1% of the loan. So, if the mortgage is $120,000 by the time you add in taxes & insurance your payment will be $1200.00 a month. Now as a Mitigator Consultant (helping people get...
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Bob, you should be able to use the DU Refi Plus program for both loans and not have to subordinate. The rate will be a little higher because of the high LTV hits but it should still be worth it.
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Hi All, We're trying to REFI our mortgage and wondering about REFI costs and tax deductibles/benefits/advantages etc. Would like to find out answers to the following questions from the experts 1.Lets say if we pay $$$ towards REFI i.e.,App Fee/Admin Fee/Closing cost/Escrow fee/Title insurance/Title...
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The appraisal was done prior to the list...have cancellation agreement. some freddie/fanny/wellsfargo crazy guideline says you can't refi a home if it's been listed within 6months. makes no sense....worst ever financial crisis, i consider selling, then change my mind and blammo! no refi for you...
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I have two different second home loans that I would love to refinance (no cash-out) as investor properties but apparently Freddie Mac's strict eligibility requirements and Fannie Mae's cumbersome investment property penalties (1.75% points) are preventing me from refinancing either with a 3-year...
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I live in Omaha, Ne. and have a 5.625% 30yr fixed mortgage. I have searched our local papers for bank rate info and it is slim at best. So, I have two questions.
1) Do I need a mortgage consultant to help me find and refinance my home?
2) Do I have to refinance locally or can I find the best rate...
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I was offered 4.5% with .75pts or 4.375% with 1.25 pts. Fees on top of that are $4,100. Is this a good deal? My info is below. Thanks! -------------------------------------------------------------- Goal: Lower monthly payments Mortgage: 30yr fixed at 5.875%. Owe $288k. Mo payment: $1835. LTV: 75% Credit...
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My scenario is i owe 163300 on my home. Live in southeastern michigan..in the suburbs. My 5/1 ARM is 4.625% and it adjusts in December of this year. My adjustment would be on Dec 1st and the rate will be 12 month LIBOR index plus 2.5%. I am wondering if i should refy now as rates are relatively low....
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First let me start by saying I found this site and just love it! I will apoligize upfront as I could probably spend the next half day tracking down an answer to this question but that you all could help me figure something out. I have a 30 year mortgage at 5.625% that I have paid four years on. I owe...
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[quote user="Mr. Gauchat"]Question - With Obama's new plan, will I be eligible to re-finance my loans into one loan [/quote] It's to early to tell if the plan will have provisions for your situation. Stay posted on the forums for updates. We'll let you know as soon as we know. At...