Archive for May, 2008
Saturday, May 17th, 2008
Marc Cram asked: There has been much ink spent lately on the problems in the housing market. Talk of people losing their homes because of bad loans, dishonest mortgage lenders and poor planning are rampant in most any paper you pick up today.
In fact, much of the blame has ...
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Sunday, May 11th, 2008
rajiv p asked: I have presently home equity loan 100k @ 7.49% as at present rates are better I want a fixed rate loan 15 yrs what best rates i can get for non document loan , I have 790 credit score what will be closing cost(if possible my monthly ...
Posted in mortgage | 2 Comments »
Sunday, May 11th, 2008
Chuck S asked: I live in a neighborhood with many sub prime homes and in my opinion are low class people. They have moved in and the once great school system is already struggling. Now I hear the government talking about letting them stay and fixing their mistake and actually ...
Posted in mortgage | 17 Comments »
Sunday, May 11th, 2008
Trixie asked: I got these medical bills from a recent surgery and its causing a huge financial strain on me. I make enough to live comfortably, but not enough to live comfortably and pay this incredible amount of money every month. I am just wondering, since interest rates ...
Posted in mortgage | 4 Comments »
Friday, May 9th, 2008
Donna S asked: My husband and I have two mortgages (an 80% and a 10%). Our banker uses the term for the "second mortgage" interchangeably with a "home equity loan". Is it possible for us to take out a home equity line of credit at the same time we are ...
Posted in mortgage | 3 Comments »
Wednesday, May 7th, 2008
mimi31211 asked: The money was used to pay off credit cards. I am still paying on the home equity loan. If I do a home office deduction, which I qualify for in every way, can I use the home equity loan interest as a deductible expense?Kelly
Posted in mortgage | 3 Comments »
Tuesday, May 6th, 2008
Carrie Reeder asked: A 2nd mortgage loan after a bankruptcy is the easiest way to access cash. With online sub prime lenders, you can qualify for a mortgage as soon as your bankruptcy closes. But for near conventional rates, it is better to wait two years and build a solid ...
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Tuesday, May 6th, 2008
Peter Kenny asked: If you have had bad credit in the past, it might seem hard to get a credit card that is not more expensive than it is worth. If you have had bad credit in the past or not, it is important that you avoid sub-prime borrower cards. ...
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Monday, May 5th, 2008
happydawg asked: I am asking because I am really nervous about applying for home equity for a roof starting very soon-probably next week.
My roof is leaking.Clifford
Posted in mortgage | 2 Comments »
Saturday, May 3rd, 2008
Lighthearted asked: I have a home equity line of credit at 9%; I see them advertised at 7.5%. Any ideas on how I might find a better rate without closing costs besides just calling around?Dennis
Posted in mortgage | 2 Comments »
