Category Archives: usa home mortgage

Migrating to Australia from USA – How does my credit record affect my application?

I am moving out of the USA and will immigrate to Australia. The economy in the USA is just so terrible. I lodged my application back in Feb ’08 and am just waiting for the results. Can someone advise how my credit record / score in the USA can affect my application? Im leaving behind [...]

Rental Income and Mortgage Interest Deduction?

am a NRI and bought a property in India by availing a home loan from India. I pay regular mortgage payments to this loan. I have rented this property now and I get rental income. Given that I am a NRI, what are my options ? 1. Should I file a tax return in India [...]

What do you think of companies that are embracing illegal immigrants in the USA?

A lot of companies are accepting matrícula cards and Mexican driver’s license because they know there’s a lot of money to be made. How much money would be lost if illegals were all of the sudden deported? Wouldn’t this hit our economy really hard? http://biz.yahoo.com/special/illegal05_article1.html Embracing Illegals Companies are getting hooked on the buying power [...]

Has anyone heard of Home Acccess USA? You pay $200 bucks and they find you a pre-foreclosed home no credit.?

They say they provide you with a listing of pre-foreclosed homes and you take over the mortgage payments. You do not need credit and with 0 down. The homeowner just want to get out of the home before it goes to foreclosure. Please advise…… There’s another company out there called OrangeFuture.com, has anyone ever heard [...]

How can I determine if my home was/is GUARANTEED by fannie mae and or freddy mac?

In reguards to the new stimulis , your home mortgage must be guaranteed by fanny and/or freddy, how can I research to find out if my home and mortgage were gauranteed by these entities. I have heard that these entities have guaranteed at least 50 % of all mortgages in the USA. A loan officer [...]

Can I claim foriegn home mortgage interest as tax deductible?

Hi, I am not citizen of usa and i work in usa. I have home mortagage in my country of citizenship, can I claim mortgage interest as deductible in filing return? If yes how will be currency conversion wil be applied to claim? The home doesn’t have to be in the USA. However, if you [...]