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I have a mortgage on one home, can I get a second mortgage to pay for another house?
I’m planning to relocate, but current owe a mortgage for $50k. I also have a bankruptcy on my record thats a couple of years old. I’d like to find new home in the state I choose to live in. Would I be able to get a second mortgage or refinance my current home in order [...]
What determines if the mortgage company will come after you if you walk away from a 80/20 mortgage?
We have an 80/20 mortgage and have tried to refinance with no avail. We did get a 3-yr loan modification, however, after that the price will jump back up again. And if they come after my husband, what do we do then? Related Videos : Cheetah Sets Record Cincinnati Zoo Many have asked why our [...]
How do I calculate mortgage payments when buying a home from a family member?
We are thinking of purchasing a house from my father. Instead of using a mortgage broker or bank, he suggested using a lawyer to set up monthly mortgage payments directly to him. We would still buy the house, and it would be in our names, not renting. How are payments like this calculated? Also, it [...]
2nd mortgage Foreclosure: How long is the delay to put it on your credit?
We paid off a 2nd mortgageforeclosure before it went through. We continued to pay on our first mortgage with no problem. The attempted forclosure was not on our credit report until we refinanced with a new mortgage company. Is this fair? It looks suspicious that it only appeared on our credit after we refinanced with [...]
How does mortgage interest work when dealing with tax returns?
How does a mortgage work when dealing with tax returns? Do we get back all the interest that we pay off or a certain percentage? Please provide backup in your answer. Related Videos : Mr Mortgage Exposes Wells Fargo s Toxic Waste 4 7 08 Mr Mortgage Exposes Wells Fargo' s Toxic Waste 4/7/08 Visit [...]
Can I get a refinanced mortgage if i start a home business with no employees and still work my regular job?
I want to refinance my mortgage and I want to start a home business before doing so. It would have no employees and I would still keep my current job. My home business will not require any due balances or credit lines to increase my debt. Would mortgage companies see the worry that I would [...]
Can a mortgage company file a 1099 when you are in default without a summary jugement?
We are residents of Texas and the property in foreclosure is in Delaware. Second mortgage holder is threatening to file a 1099. Related Videos : Mortgage Meltdown 44min documentary See full film here: journeyman.booserver.com 17 September 2007 What will be the global fallout of the US subprime mortgage crisis? How can unscrupulous mortgage brokers in [...]
Can a first mortgage be refinanced to a lower rate if there is also an existing second mortgage?
If a homeowner has a first mortgage and a second mortgage, and would like to refinance the first mortgage at different terms, can this be accomplished – does the existing second mortgage put a monkey-wrench in refinancing the first? Related Videos : CLICK CLACK S AS THE WRENCH TURNS Outsourcing PBS CLICK & CLACK' S [...]
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