Archive for April, 2008
Thursday, April 17th, 2008
Phoenix asked: I paid roughly $90,000 for my home. It was a TLC home and I've fixed it up in the past 9 years dramatically. New roof, new walls, siding, porch, heating system, well etc. My home and property was valued at $275,000 last year. Does equity play a part ...
Posted in mortgage | 2 Comments »
Saturday, April 12th, 2008
don c asked: The house is only 10k. So if I pay 10k cash, how fast can I do a home equity loan for that 10k? I need to make repairs as it is a foreclosure in poor condition. Can I do a refinance loan and get more than I ...
Posted in mortgage | 3 Comments »
Friday, April 11th, 2008
sdavid79 asked: I'm interested in buying an invesment property but the home needs a little work. I'd like to get a Home Equity Loan to cover some of the renovation costs. Would I be able to get a Home Equity Loan immediately after closing on the mortgage? ...
Posted in mortgage | 11 Comments »
Wednesday, April 9th, 2008
Jay Conners asked:
If you are a loan officer or mortgage broker on the market for sub prime mortgage leads be sure to take your time and choose your mortgage lead company wisely.
One of the most important things you will want to know about the mortgage lead company is how ...
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Wednesday, April 9th, 2008
P-Dawg asked: We will be remodeling/adding on to our home and want to do a cashout on the first mortgage (of around $60,000) and then do a 2nd (Equity loan) for the rest...does doing this put us at greater risk for having to pay AMT taxes and if so, in ...
Posted in mortgage | 2 Comments »
Friday, April 4th, 2008
I Am Tired asked: I just recently went back to school to get a more marketable degree. But just last week, I went to a job/career fair and discovered that a lot of people are still looking for work. I'm afraid that this sub-prime mess is going to ...
Posted in mortgage | 2 Comments »
Thursday, April 3rd, 2008
mrclam1212 asked: Lets assume that you were denied for cashflow concerns or poor credit and that you had roughly 50K in equity in the home and you needed a loan for around 5-10K. In addition what type of rates would these alternatives charge? The reason I ask is ...
Posted in mortgage | 2 Comments »
Tuesday, April 1st, 2008
Peter Kenny asked: If you have had bad credit in the past, it might seem hard to get a credit card that isn’t more expensive than it’s worth. If you have had bad credit in the past or not, it is important that you avoid sub-prime borrower cards. These cards ...
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