Q&A
Asked by an anonymous user
Answered by Barry Harris
Mortgage Banker/Broker in Folsom, CA
The Front Ratio is your (PITI) Principal, Interest, Property Taxes, PMI and HOA (if applicable) as a percentage of your gross income. The Back Ratio is your PITI plus ...
Q&A
Asked by rudygonzalez07
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi Rudy: Generally speaking, any judgments or "clouds on title" will show up on a lien search when a new buyer comes to purchase the home. More often than not, thes...
Q&A
Asked by Destinyban
Answered by Scott Beckwith
Mortgage Broker in Madison, CT
It is very hard to answer that question. It is different for every person since each person has different financial needs and objectives. People refinance to consoli...
Q&A
Asked by koliver1054
Answered by Greg Fischer
Mortgage Broker in Manchester, NH
It's just the Veteran, or the Veteran's surviving spouse. It isn't more transferable than that.
Q&A
Asked by davjac
Answered by En Towner
ENTowner Build a Legacy Inc. Non-Profit Org. in TX
Greetings. Age does play an important role in the payments, lenders will offer higher payments because you both have less time (according to statistics) to pay. I woul...
Q&A
Asked by degahencely
Answered by Richard Stone
Mortgage Broker in Lancaster, PA
You could be added to the property through a "quit" claim deed and family transfers are generally exempt from transfer taxes. If you keep record of the payments as in...
Q&A
Asked by dragbikejim
Answered by Justin Clark
Mortgage Broker in Moreno Valley, CA
Mobile homes/manufactured homes can be difficult. The reason being is that if the home is not fixed to the foundation with the proper documentation showing so, then t...
Q&A
Asked by marshallcardog
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hello - There are several factors that would influence this decision. One, you need to look at your current 1st mortgage rate because that will be a concern with r...
Q&A
Asked by an anonymous user
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi There - Generally speaking, a pre-qualification is issued when a lender has analyzed your mortgage loan application and a credit report. A pre-approval (stronge...
Q&A
Asked by mzmj2000
Answered by Justin Clark
Mortgage Broker in Moreno Valley, CA
The only way to do that would be to take out a first and a second. But honestly it would most likely make more financial sense to go with the PMI and refi in a few ye...
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