Q&A
Asked by Erin
Answered by Ted Rood PRO+
Mortgage Broker in Maryland Heights, MO
Hi Erin, Prepayment penalties, in general, are a relic of the "pre-mortgage meltdown" era. I don't know of any loans being originated today with pre-payment penaltie...
Q&A
Asked by Warren
Answered by Ted Rood PRO+
Mortgage Broker in Maryland Heights, MO
"Bad credit" is not specific enough to judge whether you can qualify for a VA loan or not. Factors such as when those events took place, whether accounts are charged ...
Q&A
Asked by Carla
Answered by Bradford Creger PRO+
MoneyTips Contributor in Pasadena, CA
Carla, You should definitely go and get your own individual homeowners insurance policy that would qualify as coverage under your loan. Your bank is covering their “...
Q&A
Asked by Amanda
Answered by Dan Spiegler
Licensed lender with over 10 years experience in Boulder, CO
You'd be buying it as an investment property so be prepared to put down a larger down payment and pay the investment rate. If you can carry it as a second home these a...
Q&A
Asked by marygituanja
D
Answered by dskow
Mary. you can contact any lender to complete an application. Every lender will use their own forms as their names . identification information is part of the applicati...
Q&A
Asked by Erin
Answered by Ronald Omar Flores
Membership Consultant/ Financial Consultant in Alviso, CA
Hello Erin, I am pretty sure there are government programs in your state that will help single parent to buy a home or obtain lower mortgage rate. Check your local ...
Q&A
Asked by Diana Roberts
Answered by Ronald Omar Flores
Membership Consultant/ Financial Consultant in Alviso, CA
Hello Diana, Please clarify your question(s). So we can give you much better or right answer.
Q&A
Asked by Diana Roberts
Answered by Ronald Omar Flores
Membership Consultant/ Financial Consultant in Alviso, CA
First of all, you and your partner need to sit down with a financial expert, who must see how much debt you have. Debt is very important for loan companies to assess w...
Q&A
Asked by Erin
Answered by Justin Clark
Mortgage Broker in Moreno Valley, CA
You can if it makes you feel better. That's why it's best to work with someone that is trustworthy and has a good reputation. But to answer your question, if it make...
Q&A
Asked by Erin
Answered by Caroline Gerardo
C G Barbeau in Newport Beach, CA
Any funds you borrow will be counted into your debt to income ratios. You can't go charge on a line of credit or credit card at closing without having disclosed this a...
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