What interest rate can I expect on a mortgage loan with my credit scores? Today I have 564 588 654…I am hoping to have my mid-score up 10 pts by tomorrow, and then i am applying for the loan with the bank. I want a fixed rate, 100% financing, 30 yr loan for $160,000. My [...]

Do you have to pay closing costs at the time of close or can you have it included in your home loan? That used to be pretty common when housing prices were going up. Lenders figured that, with pricing going up so fast, the house would soon be worth the amount of the mortgage plus [...]

I think these big banks rip you off, is there any other lenders out there that could offure a good affordable rate. Whether you want to purchase property, to lower your mortgage payment, lock in a low interest rate or consolidate your debt, Oz Lend can help. Choose from more than 100 loans to find [...]

30 year fixed mortgage loan at 5% with 1/2 a point(2085$) or 5.25% and the builder paying 2,606 towards closing cost? it really depends on a lot of different things. What type of loan are you getting, conventional, FHA,VA or USDA? Based on the numbers you provided, your loan amount is $417,000.00 ( 1/2 point [...]

I applied and got a pre-qualification from my bank for 5% interest for a home mortgage. The guy told me he may be able to drop it to 4.75%. It took me a few weeks to find a home, now that I find a home I get a letter from the bank saying my interest [...]

My wife and I are considering assuming a loan on the home we’re renting. The owner has a neg am loan with an interest rate that will cap no higher than 11%. He’s currently 1.5 years into a 5 year fixed. We’re concerned about the high interest rate so the ability to refinance is very [...]

I am a first time home buyer with excellent fico score. Loan amount is around 175K. 1)Can banks give me a home loan with lower mortgage interest rate and ZERO closing costs ? 2) On average how much does the closing cost be ? sale price 220K and loan amount is 175K ? All loans [...]

I am buying a house and looking for a loan. I put my information on Lowermybills.com and received multiple phone calls. The one that sounded the best to me was Earth Mortgage. They are at about 6.25 for a 5/1 arm interest only. This is above bankrate.com’s rate, but I still feel uncomfortable. They have [...]

I’ve been keeping an eye on home loan rates and have seen them go up and down over the past month. Now they are back on the rise and, of course, we are trying to buy a house. Do you think the rates will continue to go up? Or is it likely that they will [...]

Is it possible to mortgage the flat and take home loan instead of normal procedure of income documents. I’m paying 3/4th of the value of the flat. I only need loan of 1/4th the amount. Please also advise me if I mortgage will the interest rate be same and can I get same tax exemptions [...]