i’m trying to refinance my home my closing date was on the end of september and i have an fha loan my first payment on my new loan is on november i want to know why i have to pay my october payment to the title company if i was told there was not going to be any out of my pocket expences on this refinancing isn;t closing cost and all expences all included on the loan
we already got approved for a 270,000 but the broker said because of our score we DID qualify for the government loan BUT the payment will be over 2000. i didnt question him but if we paid our debt off next week (ill be running into owed money) then how long should we wait before we apply? we were hoping to try and get a mortgage that would be between 1800-1950 nothing more. ALSO do all brokers try the same loans, in other owrds should we try a different broker or its not the broker its ONLY our score? How do brokers work? with all the same companies or different ones?
has anyone had their mortgage loan modify? we pay 1000 a month for our house. is it possible to get it modify to pay 600 or 700 a month? I don’t know if I should keep my house? I reckon I am paying too much for an ancient house. when we first got the house we paid 600 a month and then like idiots (did not know any better) we refinance and now we paid 1000. my question is have anyone out there had their loan modify and is it possible to reduce the payments?
I am considering using a Home Equity Loan as down payment for the buy of a following property. I have two questions. Is it right that the interest will be tax deductable if I take out no more than 100k? Secondly, how much typically will a Home Equity Loan cost me in fees?
I am 25. My oldest credit line is 7 years ancient. I have always made my payments, but I used to max out my credit cards which kept my credit score around 640. Approximately 9 months ago I bought my first home, 2 months after I bought a car. Then in March I paid off the balances on all my credit cards. I have never been late on my home/auto loans, but I am wondering when I will see an increase in my credit score.