Mortgage Refinance

Guide  

Q&A
Asked by David
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Depends on what you consider "medium to high" debt ratio. Since HELOCs are held by the originating bank or credit union, they have more leeway on debt ratios, compare...
Calculator  

Use this mortgage refinance calculator to figure out if you should refinance, how much money refinancing at an adjustable rate would save you, and how much cash you could take out of your house...
Q&A
Asked by Brian
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hello Brian - Yes there are always closing costs; the question is whether or not YOU pay them as the borrower. Closing costs can be paid outright by you, they can ...
Calculator  

Use this mortgage refinance calculator to figure out if you should refinance, how much money refinancing at a fixed rate would save you, and how much cash you could take out of your house to sp...
Q&A
Asked by wesley
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Credit card providers typically do notify customers when credit limits are adjusted either up or down. Granted, it may not be a separate notice, but at a minimum, you...
Q&A
Asked by Marcia
Answered by Ray Jones, CA Mortgage Loan Officer in Fresno, CA
The biggest qualification issues I have found are the "owner" of the mortgage and the origination date: * * * The current mortgage must have been owned or guaranteed ...
Q&A
Asked by an anonymous user
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
MERS is the centralized clearinghouse for securitized mortgages. The only loans without MERS riders would be those portfolio'ed (held in house) by the originating len...
Q&A
Asked by DONNA
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hello Donna: I'm not 100% clear on the supporting information for your question; was the home sold (and therefore no longer owned by you), or do you still own it bu...
Q&A
Asked by Mark And Deborah
Answered by David Skow, Mortgage BrokerPRO+ in Seattle , WA
Thanks for the question, I would begin by asking your present lender/servicer for options. I would then contact several loan officers for options, maybe contact the la...
Ask a pro a question
Have your question answered by a professional
Characters remaining: 140
$firstLetter
Asking as: $ss.eas.userParams.displayName
Log in or sign up with email
By submitting you agree to our Terms of Service
Free MoneyTips Membership!

Get FREE, full access to MoneyTips.com