I was told that I have everything put into my bank account and as my direct deposit is deposited it will reduce the principal thus making the interest lower Answer: Instead of making a payment monthly, some plans will set it up to pull 1/2 of your payment every other week. What does this do …
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Anyone know of a work at home position with a Reverse Mortgage company?
I learned about reverse mortgages in Fl, Now in TX and would like find a company that allows you to work in my home office. Answer: Contat them in person. This is how you find a work at home job. Look around your area of local companies and banks that do this. Ask for an …
Has anyone ever heard of a mortgage lender declining a loan because the home has geo thermal ?
Three days before closing on our property, the lender decided that they would decline the loan as they noticed in the appraisal (that they had possession of for 5 weeks) that the home has geo-thermal. Our real estate agent and mortgage broker were both surprised by this. Has anyone else had this experience? Answer: Odd, …
Anyone ever dealt with Amerifund home mortgage?
Does anyone have anything good/bad to say about amerifund home mortgage based in NYC? Answer: Try this http://www.topamericanmortgage.blogspot.com Its good
Has anyone used an online mortgage company to work from home and do they really pay?
I have been approached by online mortgage companies to work from my home. I am skeptical of the promises of more loans for less money. Has anyone ever done this type of work before; and what was your experience with them? Answer: I have not worked for any, but know a couple. It really depends …
How to remove a co-borrower from title and mortgage of home?
I purchased a house with a friend almost 4 years ago. She is now getting married, and we need to remove her name from the title and the mortgage. I know we will need to complete a quit claim to remove it from the title – do we need an attorney to do this, or …
Has anyone applied for a home mortgage with Homepointe Financial?
Answer: I am a mortgage banker and I have never heard of this mortgage broker before. If you would like a 2nd opinion let me know.
Has anyone had success with a principle reduction in California with Wells Fargo home mortgage?I am being?
reviewed for a modification and was wondering if a principle reduction would be available with Wells Fargo? Or what service did they use to complete the principle reduction. Thanks. Answer: Who is your investor? Fannie Mae is the only investor that I am aware of that is currently allowing principle forgiveness, but of course you …
Help me find the information on if a mortgage company can force you to insure your home to loan value?
I know there is a law that was passed that stops mortgage companies from forcing home owners to insure their homes to loan value instead of the appraised value. I used to have a copy of that document that I would use when I went up against the mortgage companies, but I can’t find it. …
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