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Tag Archive | "Mortgage"

Is today’s stock market rally going to influence the mortgage interest rates tomorrow?

Friday, April 30, 2010

2 Comments

I’m debating to lock in my mortgage today with not so great rates that closed on Friday. Today had a huge stock market rally, do you think the mortgage rates will drop tomorrow? What I’m debating is should I lock in rates today or wait until tomorrow because of this rally? I know morgage [...]

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Why paying off mortgage instead of investing in the stock market?

Monday, March 29, 2010

6 Comments

I’m confused. If a fixed mortgage is 7%, wouldn’t it be better to invest in the stock market for an average of 10% in the long run. In this case, I could have a tax deductable while gaining in the stock market. So, should I pay off the mortgage asap or invest [...]

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How do I get enough money in student loans to cover my mortgage payment while I am in school?

Thursday, March 11, 2010

2 Comments

I am trying to find alternative student loans to finish my college education. I am receiving enough money in stafford loans to cover my tuition, however I need more to cover my mortgage payment so I can continue school full time for 1 year. Every company I talk to says I can only [...]

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Why did banks and Mortgage companies give loans to people without checking thir ability to pay them back?

Tuesday, March 9, 2010

7 Comments

No doc loans? Home loans that do not include taxes or Insurance given to people who have NEVER held a job in their life? Why did they do it?

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How do I deal with an investment mortgage that’s going into collections?

Monday, March 8, 2010

2 Comments

Bought an investment property in Detroit and unable to find a stable renter. Lender won’t foreclose or do a deed in lieu of. $69000 owed on mortgage even though house is definitely not worth that now. Lender threatening to send it to collections. House is and has been on the market for months.

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Why did the investment bankers think it was profitable idea to securitize bundle bad mortgage loans?

Friday, March 5, 2010

1 Comment

First I don’t understand why banks would loan money to someone with bad credit or not having the means to repay. Second I don’t understand why investment companies like Bears Stearns would repurchase the loans from the banks. Securitize them and sell them as bonds. What are they learning at these prestigious business schools? How [...]

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Commercial Mortgage and Business Finance – Real Estate Investing

Thursday, December 10, 2009

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A complicated business finance process can occur when an investor previously familiar only with residential real estate begins investing in commercial real estate investment property and business opportunity situations. Before a borrower attempts to buy a business, it is important to develop a business loan and commercial mortgage strategy. There are many key [...]

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Student loans not in repayment or in deferral included in a mortgage loan application as an expense?

Friday, December 4, 2009

5 Comments

Am applying for a mortgage loan and have two school loans already on my credit report but specify one is not in repayment and second is deferred. However, the loan application is requesting all expenses listed on my credit report. Are these loans not in repayment included in my expense ratio?

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How exactly do ‘interest only’ mortgage loans work? When do I pay on the principle of such a loan?

Thursday, December 3, 2009

5 Comments

I know APR loans are a bad idea, but how would an interest-only loan work? Would it still be a 30 year note, or do they extend the loan? Would I be able to get a fixed rate with an interest-only mortgage loan?

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How do student loans affect a mortgage applicaton?

Thursday, December 3, 2009

5 Comments

I have $60,000 in various student loans, but since consolidating my combined payment is only $300/month. I have no other debt. Do lenders view student loan debt differently due to the flexibility of the loans? Also, would they look more at the total amount of the debt or the monthly payment when determining the rate [...]

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Business Finance and Commercial Real Estate Mortgage Loan Choices

Thursday, December 3, 2009

1 Comment

Even though longer-term business finance techniques might be appropriate for many circumstances, there are some important short-term business loan options that will be less costly in producing improved credit card processing and commercial mortgage results for business owners. Short-term business financing choices can be misunderstood because of a preference by many business owners for [...]

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