mortgage to high when can we remortgage at a lower rate we moved in this febuary also the pmi is 400.00 a month also to high also thank you if your PMI exceeds 400 a month- something is wrong–check with a mortgage Broker- who represents different lenders- and get an opinion of you mtg deal- [...]

I am current on all my bills and mortgage. I can’t say that was always the case because I fell behind in the last few months of 2008. I caught up my mortgage on my own and not asking help from anyone. I called my bank to see if I could get help under the [...]

Thanks in advance for your help! The more detailed info you can provide, the better! My husband and I bought a home 3 years ago. The home cost $87,000, and we bought it with no down payment using a first-time home buyers’ loan. With the private mortgage insurance added to an interest rate of (I [...]

I bought a condo last year for 195 K with 5% down; the prices has went down since then. Similar properties are now sold for 160-170 K. Since it is a buyer’s market now, I am thinking of moving to a house. Am I better off selling my condo (say for 165K) and porting my [...]

We are in the process of getting married and also buying a new home. His credit rating is great whereas mine is not. Can we just have the mortgage in his name without them running my credit also or do you have to have it jointly???? How does that work to put me on the [...]

I own a townhouse that is not attached to any other houses. It has: a 2 car garage 1650 square feet 3 bedrooms and 2.5 baths a small backyard that is the size of a huge patio and I wouldn’t really call it a “backyard” NO front yard since it’s a hill and plants I [...]

We own a home right now, but we know we are going to need to sell it and purchase a new home around November of this year. Can we apply now and be pre-approved for our next home before we sell the home we live in now, that we currently have a mortgage on? We [...]

I Want to Buy New Home Good idea to take a second mortgage. Ihave a home already paid off Yes!!!!! unless you can’t afford it or qualify for the loan. I would use one as a rental. When you chose a home to use as a rental you should take different things into account than [...]

I am looking at buying a new house but I want to finish the basement. I would like to borrow that money along with the mortgage – not a 2nd mortgage and not an Equity Line of Credit. If I have the plans and a contract with a contractor to do the work, will the [...]

I am trying to get a loan on a new property, but I still have a small mortgage on my current home. I don’t want to lose out on the new house, but with some past credit issues (6 & 7 years ago issues), I cannot find someone to approve me for a loan while [...]