I am 6 years into an interest only mortgage and want to change to a capital and interest mortgage. How do i go about this andhow do i get the money i have already paid into my endowment policy?
I switched the names for the mortgagor and the mortgagee. The records department is telling me I need to get an attorney involved and a title company that there is no “easy fix.” Can’t I just rerecord my mortgage the correct information?
We have been approved for a FHA Florida housing bond mortgage. If our income increases during the term of the mortgage, can our loan be modified or increased as well?
We just got a commitment for a mortgage to close in a week, and after we, the title company and our realtor all received the loan commitment and scheduled the closing, the lender called back and said the terms were different than they’d said and issued a new commitment letter. Is this legal? We live [...]
Our mortgage was sold to a really crappy company. We have thought of refinancing, but then we realized we have a really good rate for another 18 months (we have a 5 year ARM) and won’t be able to find anything as low as we have now. It’s completely unfair that we don’t have a [...]
My mortgage is behind and the company say they want to help me be making my loan interest only for 60 months and adding the delinquent amount to the principal. This seems to help them the most considering the company has filed for bankruptcy. I was wondering if this is legal and the best step [...]
I bought a house a year ago and am in a 30-year mortgage. I was just looking at a 30 vs 15 year calculation and the 15 year mortgage is only about $ 100 more a month. Can this be right? The loan is for about $ 63k. Can I change from a 30 year [...]
Nov 302011
I live in Texas. I will be closing on my $ 100k home on June 16, 2008. My mortgage lender quoted me that my monthly payments will be estimated at $ 1019 including escrow,insurance,taxes,and pmi. What I’m asking is that when the time comes at closing and I provide my insurance coverage certificate, will this [...]
I live in Utah and I am on a mortgage with my ex-spouse. He was awarded the house in the divorce, and in the decree was ordered to re-finance within a reasonable time, It has been 2 years, and he has not done so. I listed the mortgage in bankruptcy recently and was told my [...]
Nov 302011
I am purchasing a new home. We are going through our credit union with a locked in 6.375% rate. Rates are now 5.75%. We are thinking of trying to switch to a mortgage broker so that we can get out of the locked rate and get the 5.75%. Can this be done? Closing is Sept [...]
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