Archive for house loans
Jun
20
What are the disadvantages of subprime home loans?
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I’m getting ready to buy my house. I know to do a 30-yr fixed rate. I’m just wondering what is the buzz about subprime home loans? It seems to really be hurting people and mortgage companies. What are the advantages and disadvantages? Thanks.
Jun
19
With the average mortgage rates dropping, I am wondering if there is a minimum amount of time you have to pay on your mortgage before you can refinance? 1 year?
Jun
19
How are home loans priced where you live?
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In your country, do you get home loans at a fixed rate for say 15 years?
Do you have to pay a large penalty for pre-paying?
If the loan is at a floating rate, what is it pegged to?
Do loan rates vary according to individual credit profiles?
Jun
19
We are ooking for a home and they said they could help does anybody know how wellthey are and if they really can help?
Jun
16
Do banks take legal action if unable to pay back home loans after forclosure?
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Banks filed forclosure on my property, as i have 2 loans.Do banks take legal action to recover their money after surrender of property?
Jun
15
Will student loans stop me from getting a home loan?
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I am about to gain a $13000 debt in student loans. In about 6 months we are applying for a home loan. Will that student loan be applied to my debt to owe ratio? Will it be a factor when applying for a home loan?
Jun
15
Can somone show me how to calculate a mortgage payment
like for example
what is the monthly payment on a $200,000 mortgage at 6% interest over 25 years?
Can somone show me how to calculate a mortgage payment
like for example
what is the monthly payment on a $200,000 mortgage at 6% interest over 25 years?
I need to know how to do the mathematical calculations, don’t just give me the anwser.
Jun
11
What can the mortgage company do when I have two properties and can only afford one?
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I have two homes with the same mortgage co. One I can’t afford and the other I can. The one I can afford has a little equity. Can they force me to sell it if I go into foreclosure?
Jun
09
Which is the best bank for home loans in India ?
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Which bank is offering the lowest interest for home loans in India ?
Jun
08
What is the difference between a mortgage APR and Interest Rate?
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My mortgage interest rate is 6.875% and the APR is 7.504% Does the APR of 7.504% sound right if the interest rate is 6.875% ? My mom said that the 2 numbers should be closer together than that. Also, my mortgage banker never even mentioned an APR, and since we are 1st time home buyer’s, we were unaware of it. We only knew about the Interest Rate. Thanks for the help.
