Archive for August, 2008

What are the chances of getting a loan modification through Saxon Mortgage even though I am current on my loan?

Saturday, August 30th, 2008
Grimface1 asked:


I am current on my mortgage and I have never missed a payment. I have read that If I am behind the lender is more willing to work with me. Are those loan modification companies offering to assit with your loan modification legit?

Stephen

what is the rule of thumb when banks give home loans?

Thursday, August 28th, 2008
Home Loans
newmixtapehits asked:


do they go by a percentage of your annual salary, like if I made 30,000 a year what is the max loan they would give me?

Katherine

How did democrats force bankers to give home loans to those who didn’t qualify? ?

Monday, August 25th, 2008
Home Loans
auntiecount asked:


What EXACTLY did the dems do?
As I understand it redlining prohibited restriction of loans to specific areas. I don’t think it had anything to do with forcing bankers to give loans to unqualified borrowers.

Bradley

Is the government talking about raising the limit for FHA home loans for this year?

Sunday, August 24th, 2008
Home Loans
Debbie V asked:


is it possible with a FHA loan to put 3% down and ask the seller for closing cost?

Jesse

Loss Mitigation; Is it legal to charge upfront fees to assist homeowners negotiate a loan modification?

Monday, August 18th, 2008
tonioah asked:


I am a Realtor and was wondering if it is legal to assist people obtain a Forberance Agreement, Loan Modification, Partial Claim…in order to avoid a Foreclosure and get paid upfront fees for doing so?….The fees are reembursed if nothing gets approved…would these services be legal? I appreciate any feedback…Thanks.

Martha

what can you do if the lenders want give you a loan modification?

Monday, August 18th, 2008
rlb1104 asked:


I need to know if the mortgage lenders can turn you down for a loan modification. What do you do then?

Howard

countrywide home loans deficiency judgements 2nd home. how often and can they come after my 1st home?

Monday, August 18th, 2008
Home Loans
Hint asked:


Can they come after my other property which is a twinplex on the same street if they foreclose on recently purchased home. Borrowed $174.900.00 Nov. 2007 paid down to $150.000.00 The twinplex is in both my name and common law wifes name in ohio. What are te chances. Can i quit claim the deed on the twinplex into her name only and be safe or am i doomed

Linda

Home loans?

Sunday, August 17th, 2008
Home Loans
*Butterfly* asked:


What factors come into play when looking for a home loan like do I need health insurance, what other things do they look at?

Gilbert

Can anyone tell me about their experiences with loan modification?

Friday, August 15th, 2008
Laura G asked:


I have just submitted all documentation today for my loan with Countrywide. My sell date is set for 7/1/08 and I am very afraid this may not be enough time? Any advice? Would it be possible to refinance in my husband’s name since loan is only under mine?

Leslie

How can I get qualified for a loan modification of a WAMU home equity line of credit?

Saturday, August 9th, 2008
HOME BUYER asked:


I need to submit an application in order to be considered for a loan modification. Does anyone know what Debt/income ratio they look for? Please help!

Tina