Home Purchase Loan


Asked by an anonymous user
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
"It depends" is the answer to your question. If you mean in comparison with a 30-year loan, the answer is "probably", due to the fact that most HELOCs have a draw peri...

Asked by Tyshia
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Yes, fortunately FHA now allows borrowers to qualify using an estimated payment of 1% of their student loan balances. Note that even if the loans are in deferment, or...

Calculate how much home you can afford with this mortgage calculator


Asked by goddess1012
Answered by MoneyTips Writing Staff, Financial Adviser in Los Angeles, CA
Your best bet is to use the Mortgage Planner tool to see what your options are for acquiring a mortgage. Or, you could use the Find a Pro search feature to find a loca...
Asked by Cheryl
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hi Cheryl: If you are financing an "out of state" property, it means that the property you are financing is out of the state from where you live. Your "primary" res...
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