Home Purchase Loan

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Asked by Michael
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Michael covered most of the pertinent areas already, but I'd like to add a couple of major "disadvantages". If your spouse's credit scores are lower than yours, the l...
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Asked by Tony
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
The answer to your question depends on many factors, Tony. How much equity do you have? What will you use the funds for? How likely are you to use the cash to pay d...
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Asked by Brady
Answered by David Skow, Mortgage BrokerPRO+ in Seattle , WA
No, a payment needs to be made every month
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Asked by Gina
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Gina: The answer you received from Nic is correct. Another term you may hear is "underwater" which means the same thing. Note that although someone may be "upside d...
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