Q&A
Asked by Trina
Answered by MoneyTips Writing Staff, Financial Adviser in Los Angeles, CA
Being upside down refers to the amount of
value in the automobile as compared to the
balance on the loan. One thing you can do is
try and refinance the loan to a lower...
Q&A
Asked by Jackie
Answered by MoneyTips Writing Staff, Financial Adviser in Los Angeles, CA
Whether to lease or buy a car depends on your
personal financial situation and goals. Check
out Everything You Need to Know About Leasing
a Car for great insights into...
Q&A
Asked by Gina
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hi Gina:
I can give you the answer from the
perspective of a mortgage loan originator -
Generally speaking, anytime you utilize credit
and you pay that credit withi...
Q&A
Asked by robert blair
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Loan sizes do influence mortgage pricing, but
only marginally, and seldom enough to change
the rate. For example, many lenders have
surcharges on loans under $50,000....
Q&A
Asked by Chrisitna
Answered by David Skow, Mortgage BrokerPRO+ in Seattle , WA
1) contact present lender for options 2)
contact the bank you bank with for options 3)
contact smaller local credit unions and banks
for options
Q&A
Asked by Apryl
E
Answered by Elaine
It really depends on the problem. I'm not into
going in debt just for a new car.
Q&A
Asked by Kaila tubbs
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Kaila -
If you are referring to mortgages,
it is tied very closely to the performance in
the bond market because this is where mortgage
backed securities are bough...
Q&A
Asked by Dee
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Hi, Dee,
You mention you can't get a loan
because you have three homes with mortgages.
I presume you mean your debt to income ratios
are too high, given the three lo...
Q&A
Asked by Andrea
Answered by Brenda Robinson, Financial Adviser in Easton, PA
It depends on who you ask. Some believe that
you shouldn’t even try to refinance an auto
loan after bankruptcy unless it has been more
than 3 years.
If it has been ...
Q&A
Asked by Steffanie
Answered by Justin Clark, Mortgage Broker in Moreno Valley, CA
That all depends on the monthly payment you
want and what kind of rate you can get.
You’re payments will be a little higher with a
15 year loan but you will most like...
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