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How can I get a bank to consolidate two mortgages?
Carol B asked: We have two mortgages on our house. the holder of the first one bought out the second mortgage company. Why won’t they refinance the mortgages into one. We cannot make both mortgages anymore due to a change in employment, loss of wages. HSBC and HFC are the companys. So we’re paying just [...]
What way is the best to get rid of a house with two mortgages but very little cash on hand?
Hopeless to move asked: We have 2 mortgages, no money (we just paid off all our credit cards) and both work in another town.
How do lenders come up with the interest rates for mortgages?
e e in california asked: I want to know how banks set the interest rates for mortgages. All I know is that they move up and down with the fed funds rate and discount rate (Correct me if I am wrong). Does anyone know all factors that play into the rates that lenders [...]
What are some must haves for a person selling mortgages?
pugz asked: My boyfriend is changing careers and going into selling mortgages. What are some gifts I could get him for Christmas that would help him out or make the job easier?
How do interest only mortgages work and what is the catch?
arndtmb asked: have been quoted 7.25% on a 30-mortgage on a fixed rate basis. Also was quoted 6.375% on a 30-year interest only payment schedule. Although this reduces the monthly payment, how does this pay off a mortgage? Does this require additional payments to reduce the principal?
If a mortgage company says they don’t do mortgages for under 100K, does that mean we have to buy a 100K home?
Cesaria Barbarossa asked: It appears that many of the mortage companies don’t do mortgages for less than 100K (unless they’re smaller lenders and many of the homes i’ve looked at require proof of funds from known lenders).
Does this mean that we have to get a home that costs at least 100K. The homes [...]
What caused the home mortgage rates to sky rocket, causing people being unable to pay their monthly mortgages?
Christopher asked: The recession was caused by people being unable to pay back their home mortgages because the mortgage rates were too high?
Banks were not getting their money back from home owners, causing a credit crunch, thus they were unable to lend money to big businesses.
Big businesses then had to cut back on expenses and [...]
How do I sell my rental properties by creating mortgages?
sullygromo asked: I have 20 rental properties that I would like to sell. They all have mortgages on them. How can I create mortgages for my buyers to try to sell tham and still njoy a monthly cashflow?
what benefits do Freddie mac and Fannie Mae get from backing mortgages?
Arpan P asked: how do they make money? do they get a percentage of mortgages they back?
What are all mortgages loans for first time buyer? What is the current interest rate on mortgages loan?
shitty asked: I am looking for some personal experience from the first time buyer.
Where is the best place to get mortgages loan?
Is there a federal mortgage loan?
I am looking to buy in the next few months and I need some one to guide me on loan and everything about home buying for the first time.
