Date : March 12th, 2010Category : UncategorizedAuthor : Editor3 Comments
Just bought home in distress. FHA Loan. Appraised 410k, owe 300k. Need to pay commission to broker who found it for me and need equity to do so. Anyone aware of a lender that will let borrow equity within first year of purchase?
Date : March 3rd, 2010Category : UncategorizedAuthor : Editor6 Comments
My husband and I both have excellent credit (all 3 scores for both are above 780), and even with an ARM 5/1 loan our payments for even a 145K loan are more than $1000 a month. I see adds for loans for less and just wondered how they do this?
I know the disadvantages to an ARM loan. We will probably go that route anyway because we plan on only staying for a couple years.
Date : February 22nd, 2010Category : UncategorizedAuthor : Editor5 Comments
We have 2 loans and with the interest rates going down, it may be in our best interest to try and refi and have lower payments though most people would tell us to just walk away and buy a cheaper home….
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