Mortgage Refinance

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Asked by Tracy
Answered by David Skow, Mortgage BrokerPRO+ in Seattle , WA
Tracy - thanks for the post and question ...you should contact the present lender/ servicer to inquire about options There is a possibility that lenders will nee...
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Asked by Ron
Answered by Matthew Mcfadden, Financial Adviser in Philadelphia, PA
Ron, After reading your comment about your duplex, 3% is a very good rate. The only problem is that it's a variable rate not a fixed rate. Furthermore, The Fed pl...
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Asked by bob
Answered by David Skow, Mortgage BrokerPRO+ in Seattle , WA
sort of ... ..there are programs that allow cash back ......you might need to drop the loan term to 20 or 25 years ....and the allowable loan to value will likely be q...
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Asked by Cyndi
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
No, HARP is a one time loan, so once you've done one, you can't do another. Also, HARP interest rates were essentially equal to "normal" conforming rates, so it's lik...
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Asked by robert blair
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Loan sizes do influence mortgage pricing, but only marginally, and seldom enough to change the rate. For example, many lenders have surcharges on loans under $50,000....
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Asked by Leonard Hussey
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Income, residency, and credit questions aside, if you have an investment property, with NO equity, under 4%, there are no options for a lower rate. Even if you had 20...
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