Bought new home. Closing around 12/30. Lender is not letting me lock in before 30 days. R they allowed to do that? Is it in my best interest to lock in now and is there typically a cost a to do so past 30 days? My lender won’t answer any of my questions. Was forced [...]

I’ve seen shows on HGTV where home owners are talking about getting loans with a 4.5% or lower interest rate. They said that there are certain stipulations, like having to take a class, etc. in order to qualify for the loan. I am curious if anyone knows about special loans out there. I have good [...]

I remember the good old 70′s & 80′s …my Dad was nearly pulling his hair out when the Mortgage interest rate threatened to hit 20% – If I remeber correctly it hit 15% .. I am moving home this summer and my wife & I are taking on a large Mortgage.. What do you think [...]

The generic published rates you see out there don’t mean anything – the’yre always quoted on "best case underwriting scenarios." Rates are affected by the following: 1. Fico score (and credit history) 2. Debt-to-income ratio 3. Property type – primary, second, investment? 4. loan type – fixed or adjustable? 5. loan term – 15, 20, [...]

It depends on credit rating and down payment anywhere from 6-10% addthis_url = ‘http%3A%2F%2Fwww.selviceevler.com%2Fhome-mortgage-interest-rate%2Fwhat-is-the-usual-interest-rate-for-a-mortgage-to-a-first-time-home-buyer’; addthis_title = ‘what+is+the+usual+interest+rate+for+a+mortgage+to+a+first+time+home+buyer%3F’; addthis_pub = ”;

I have a Chapter 7 Bankruptcy that was discharged 3 years ago. Will mortgage lenders even consider me for a loan of $100,000, with a gross yearly income of $75,000? Since my bankruptcy, all of my payments have been on time, paying off credit cards (I have two) monthly. I have a school loan paid [...]