Looking for good sources for sound mortgage and financial advice? If so, keep reading - you'll find below our five great twitter feeds for mortgage and financial advice. Social media is great for all sorts of things. It helps pull people together and create relationships. People who have a hard time finding friends in their … [Read more...] about Five Great Twitter Feeds for Mortgage and Financial Advice
Answers By Experts
If you are asking the question: what documents do I need to get a mortgage or buy a home you'll find that not much has changed in the way of what documents you will need to buy a home or get a mortgage. The exception to this is that you will need to provide better documentation than what was required before the housing crash. … [Read more...] about What Documents Do I Need To Get A Mortgage or Buy A Home?
The answer to Which is Best the 30 Year Mortgage Vs 15 Year Mortgage depends on your situation. There is no simple answer and you will get varying answers depending on who you listen to. We're going to look at the question of 30 yr vs 15 yr mortgage from a couple of perspectives to hopefully give you some direction for your … [Read more...] about 30 Year Mortgage Vs 15 Year Mortgage – Which is Best?
In today's - 2011 - home buying environment parents may be able to play a very big role in helping their kids become homeowners. Parents can provide two very important parts of a buying a home - down payment and income stability. In the end however, helping your kid buy a home may be a long term financial gift worth considering … [Read more...] about How Parents Can Help Their Kids Buy A Home
Question: I am upside down on my mortgage and my home value, what are my options to refinance or a loan modification? My mortgage is an ARM and soon due to adjust. I am current with my mortgage payment. Answer: You really have few options if you are upside down and current with your mortgage. The following list covers some … [Read more...] about What Are My Options If My Mortgage Is More Than My Home’s Value?
Question: I’m buying a home for the first time, should I get a Personal Mortgage Insurance Policy that pays off my mortgage if something should happen to me? Answer: Personal Mortgage Insurance Policies In most instances, personal mortgage insurance policies which pay off the balance of the mortgage on a home should the … [Read more...] about Should I Get A Personal Mortgage Insurance Policy
Question: Is Credit Counseling a Better Solution Than Debt Settlement In Order To Qualify For A Home? Answer: I first need to establish why you would use credit counseling and debt settlement in order to better answer this question. Most people who consider credit counseling or debt settlement typically want to do one thing: … [Read more...] about Is Credit Counseling Better Than Debt Settlement To Qualify For A Mortgage
Question: I have credit scores less than 580 and I have never filed bankruptcy, can I qualify to buy a home? Answer: The answer is likely to be no. Sorry for the not so great news, but buying a home with marginal to poor credit has gotten very difficult in 2008. This is primarily because of two things: subprime mortgages have … [Read more...] about My Credit Scores Are Less Than 580 – Can I Qualify To Buy A Home?