Q&A
Asked by pat
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hi Pat: Yes fortunately you do have some options. If you are looking to refinance, the first option I would recommend is to look into the HARP program. This is a Fa...
Q&A
Asked by an anonymous user
Answered by Carlos Contreras, ChFC® in Aventura, FL
The first thing you need to know is if Massachusetts is a jurisdiction state. If so, I would contact a certified foreclosure attorney there. In Florida, we have 12 mo...
Q&A
Asked by Mike
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hello Mike: My recommendation would be to start with a lender referral from someone that you know. Perhaps a family member or a friend that has worked with a partic...
Q&A
Asked by an anonymous user
I would start by asking for detailed transaction history from this lender. This way you can see how the funds received are distributed.
Q&A
Asked by John
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
All good points above, particularly using a loan officer who tracks MBS trading in real time, and who understands the factors that influence rates. Shorter term locks...
Q&A
Asked by Erin
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
It's important to realize the distinction between a mortgage lender/bank and a mortgage broker. Brokers write loans, send to the actual lenders for approval (in most ...
Q&A
Asked by an anonymous user
Answered by Heath Schneider, Mortgage BrokerPRO+ in Las Vegas, NV
You can incorporate land cost into an FHA loan as long as you are attaching a new manufactured home to the property at the same time. It must appraise for the total p...
Q&A
Asked by an anonymous user
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
That could be an issue. You may want to contact your attorney general's office for further clarification.
Q&A
Asked by Elle Ekland
Answered by Heath Schneider, Mortgage BrokerPRO+ in Las Vegas, NV
I suggest getting a value from a broker. They call this a comparable market analysis. It should consist of 3 comparable sales from in the past 90 days that are in yo...
Q&A
Asked by an anonymous user
Answered by David Skow, Mortgage BrokerPRO+ in Seattle , WA
There should be many lender options to assist in your questions regarding grant programs and credit card payment strategy If you have already done so - begin the...
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