Saturday, May 26, 2012
Login

Posts Tagged ‘Mortgage’

What will my bank do when I start skipping my mortgage payment?

My wife lost her job and I had cutbacks at mine. I’ve done everything I can and everything the bank has asked but to no help. We have 2 vehicles that are both financed and no real assets to speak of. Does anyone know what the bank will do when I start missing my mortgage payment? Does anyone have any suggestions?


Bankruptcy Mortgage Book

How To Get A Home Mortgage After A Bankruptcy or Other Major Credit Challenge.
Bankruptcy Mortgage Book


Can a bank not raise their mortgage interest rate if others do?

Seems in Canada as soon as one bank raises it’s interest rate for a 5 year mortgage then all the other major banks follow suit soon after. Why? Can a bank not raise it’s rate and get more business from people looking to get the best rate to purchase a home?


What bank offers the best mortgage terms for first time home buyers?

I was wondering if anyone out there knew which banks were the kindest to first time home buyers in regards to cheaper fees and closing costs. I know Bank of America had a deal a couple of years ago for their banking customers that they would not have to pay some fees as customers.

If anyone knows of a great bank that doesn’t slam first time home buyers with fees, let me know! Thanks!


Am I entitled to a refund of my deposit when a mortgage lender says he cannot finance me?

I already deposited my money with a listing agent, had a home inspection and my realtor already did a title search. The mortgage lender suddenly tells me that he is not able to finance the loan because my bankruptcy discharge is less than a year. What is my next option? Am I entitled to the refund of my deposit monies?


Miners Bank Selects ICBA Mortgage Solutions

Miners Bank Selects ICBA Mortgage Solutions
DENVER–(BUSINESS WIRE)–Miners Bank select the services of ICBA Mortgage Solutions to improve mortgage service efforts.

Via:Read more on Business Wire


How to get a possible investor/buyer to take possession of my home & pay the mortgage until they can sell?

My home is over 194K; I refinanced, w/ the help of my best friend. The loan is now over 212k, the house has been apraised for 230k. As of 6/2008, their will be 40k of equity available. I would like for an investor/buyer to take possession of the home, continue to pay the mortgage and give me 30k, leaving them w/10k of equity. I will give them gift of deed & they can sell or rent out the home. We refinanced in 6/2006, so if the house is sold before 6/2008 than a 2% penalty will apply. I wil move out as soon as the investor agrees to my 30K and contracts are signed. I do not wish to have any further compensation. The 30k will help for relocation of myself & family & paying off debt. The real estate agent that originally sold me this home stolel 20K from me; Atty fees & closing cost was put into the new loan. The mortgage is 1500 monthly, this was fine, but my hrs @ work have decreased & I before it gets critical, I would like to be out of the situation. Is option possible? Thank you.


Wells Fargo’s John Stumpf: How to fix the mortgage mess

Wells Fargo’s John Stumpf: How to fix the mortgage mess
For most Americans, their home is the largest and most important investment they will ever make. Ensuring that they have the right kind of mortgage is critical to their financial well-being and — as we’ve seen recently — critical to our entire economy.

Via:Read more on CNN Money


Mortgage Relief – A concerned American’s solution to the mortgage melt downs


A concerned American’s solution to the mortgage melt downs


Iraq’s Mortgage Bank raises personal credit for house building by each citizen to 60 million Iraqi dinars

Iraq’s Mortgage Bank raises personal credit for house building by each citizen to 60 million Iraqi dinars
BAGHDAD – Iraq’s Mortgage Bank has decided to raise the personal credit, granted for any citizen planning to build a house, to 60 million Iraqi dinars (US$53,000 approx), the Bank’s Director-General, Hussein Ahmed Tu’ma said on Wednesday.

Via:Read more on Zawya