What happens with the 2nd mortgage when I give the 1st mortgage holder a deed in lieu of foreclosure?
I am unemployed and cannot pay the mortgage payments. I have the home on the market but it will not sell for the loan amount. I was thinking of giving the 1st mortgage holder (80%), a deed in lieu of foreclosure. Will the second mortgage holder (20%) be able to get any money or be able to file [...]
How can I get a loan on a house or trailer?
How can I get a loan on a house or a trailer or a town house for no payment down. My husband and I are looking into the possiblity of getting a loan and how do we get the $ 8,000 from the government? Please don’t advertise to me. I want to know what are the best [...]
Credit Repair?
Has anyone tried one of these credit repair companies.. Not debt settlement or consoludation or bankruptcy. Credit Repair where they dispute items on your credit report
Is it possible to take a 200k loan and buy a 100k house?
Some loan office told me to take a loan and it’s at 200K. I found a house at 100K and is just planning to buy that. It’s a 2 rooms and 1 bathroom house. With the other 100K, I’m going to invest it and collect on the interest. Is it possible of me to do that? O also, [...]
I just took out my first mortgage on a home. How long do I have to wait before I can refi for a lower rate?
With the average mortgage rates dropping, I am wondering if there is a minimum amount of time you have to pay on your mortgage before you can refinance? 1 year?
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