I don’t want to make the wrong choice. I live in Maine and have good credit. Any helpful hints? Ignore the sharks that will spam you with this post. Most are actually looking for victims, you give them your credit info and they steal your idenity with it. Ask your real estate rep to suggest [...]

and who is the second mortgage through..i know people with poor credit scores usually have both from the beginning but who does the buyer have the second mortgage with and how does that work? There are several things to mention here. One is that they probably didn’t have a down payment, or atleast a down [...]

If you provide the mortgage company with all the requested info do they typically follow up on that. Does it vary from company to company or is it a common practice for them to execute the 4506t form. Also, has anyone everheard of first choice mortgage in charlotte? Any thoughts on them? Hi, The primary [...]

I have a scheme brewing inside my mind, however I don’t know if its possible, or even legal. So, suppose I get a home loan. Do I necessarily HAVE to use it towards a house? NO! Try getting thru closing without it. No one will put your name on the check – the check will [...]

His credit score is low and I want to help him build it and what better way then buying a home. Would this be smart? How would I go about doing this? would i just have to refinance with him on the loan? VERY bad idea. You will have to refinance to add him to [...]

I recently signed a purchase agreement for a house, a bank mortgage company had pre-approved me. In this market today, they offered me an interest rate of 6.5% with the option of buying points. The house I am buying is a fixer upper/foreclosure.great deal at 47,000, I am taking out a conventional loan with 20% [...]

I’m buying a small starter house with my sister. My credit is in the mid 700s and my sister has only had one credit card in her name (paying off monthly). We have about $15k in savings. I work part time, she works full time but only $7-8 an hour. I’m fairly certain the payment [...]

I have enough equatity in my house,so should I increase my mortgage ,and buy the second house for cash….Or should I raise a mortgage on the second house.I will only need it while hes at uni….Or will it be a lot less hassle and just rent a hovel? Anyone else been in the same predictment? [...]

Our house is for sale and we want to start looking for a new one. I know 1st time buyers should get a mortgage pre-approval before looking at houses, But if this isn’t our 1st house, how necessary is it for us to get one? You need it to make an offer, almost no one [...]

I am thinking of moving to San Fran, and I don’t know anything about the American real estate market. Is it difficult to get a mortgage? I have excellent credit, a tiny amount of debt but will only have a teachers salary. And should I consider buying an apartment or should I just rent, once [...]