Posts tagged mortgage
WHAT IS THE DIFFERENCE BETWEEN GOING TO A BANK FOR A HOUSE LOAN VS. A MORTGAGE COMPANY?
Dec 12th
Question by Michelle:
What is the difference between going to a bank for a home loan vs. a mortgage company?
are they the samething? Im confused about the whole buying a home thing lol. thanks in advance
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DIFFERENCE BETWEEN A HOME LOAN AND A MORTGAGE?
Dec 6th
Question by Jessica Ramirez:
Difference between a home loan and a mortgage?
I am a first time home buyer, can someone please explain to me the difference in getting a home loan and getting a mortgage? I dont seem to see a difference in them? Which one is usually superior to get?
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WHAT’S THE DIFFERENCE BETWEEN HOME LOAN MODIFICATION AND MORTGAGE REFINANCING?
Nov 12th
Question by Don:
What’s the difference between home loan modification and mortgage refinancing?
home loan modification vs mortgage refinancing, are they the same thing?
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WILL I BE ABLE TO GET A HOME EQUITY LOAN IF I AM CURRENTLY IN A FOREBEARANCE AGREEMENT WITH MY MORTGAGE?
Oct 31st
Question by D G:
Will I be able to get a home equity loan if I am currently in a forebearance agreement with my mortgage?
We will be listed as “entering foreclosure” until September, but have already made 5 consecutive payments into the forebearance plan, including a massive down payment. However, in order to get our finances in order and pay education costs, we need to take out a home equity loan. Will lenders approve the loan (if we have one great credit score, one bad, and a good income) in our current state? Or would it be rejected outright?
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CAN YOU STILL QUALIFY FOR A HOME EQUITY LOAN IF YOU BEHIND ON MORTGAGE PAYMENTS?
Oct 13th
Question by youngboycaz:
Can you still qualify for a home equity loan if you behind on mortgage payments?
I’m behind on mortgage payments because, i’m going through a loan modification, but i need money to pay for school, will i be able to still get a home equity loan. Because my credit is not amazing.
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WHAT IS THE BEST HOME LOAN FOR A SHORT TERM MORTGAGE?
Sep 5th
Question by Tom W:
What is the ideal home loan for a short term mortgage?
It is for an investment property and I am only planning on holding on to it for 3-5 years. What is the ideal home loan available with the lowest payment without any differed intrest?
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IS THERE A WAY TO GROUP MY CAR LOAN AND STUDENT LOAN INTO A NEW HOME MORTGAGE?
Aug 18th
Question by jeff richardson:
Is there a way to group my automobile loan and student loan into a new home mortgage?
I have student loans of about ,500 and about ,000 left on my automobile loan. I am looking to buy a home and wondering if there is any way to add my automobile loan and student loans on to the mortgage?
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WHAT IS THE DIFFERENCE BETWEEN A MORTGAGE AND A HOME EQUITY LOAN?
Aug 11th
Question by BC:
What is the difference between a mortgage and a home equity loan?
I own a home that is paid off but would like to take out a loan to fund some home improvements as well as help my parents pay off their home equity loan. Given this scenario can I take out a mortgage since mortgage rates are lower or am I limited to a home equity loan. I am not interested in HELOC’s.
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Q&A: IS BEING AN F&I GUY AT AN AUTO DEALERSHIP SIMILAR TO WHAT A MORTGAGE LOAN OFFICER DOES?
Aug 1st
Question by chitownj12:
Is being an F&I guy at an auto dealership similar to what a mortgage loan officer does?
I am interviewing for a F&I position right now with an auto dealership. I do not have much if any experience with auto sub-prime lenders and lending. However, I have been in the mortgage industry and have worked as both a loan officer, examining credit and assets of individuals and shopping sub prime lenders to find the ideal deal and also worked for a lender and qualified sub prime borrowers to fund their loans.
My question is: are these jobs similar? Is examining credit and qualifying borrowers for auto loans the same or similar to qualifying people for mortgage loans? Are a lot of the terminology and concepts the same?
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NEW CAR? OR MORTGAGE? OR BOTH? NEED INFO PLEASE?
Jun 5th
I’m looking at buying a “new” car. New for me, but I plan on buying used an financing through a dealership. I can afford it, and my insurance and I have researched the automobile part well.
The problem I have is that my mate and I are seriously speaking about buying a home this summer and I do not want something frivolous like a automobile to hinder us buying a house.
Even if I could afford both mortgage and automobile payments, how likely is it that they will want to mortgage two >25 year olds with a automobile payment (just one, his automobile is paid off)???
Any advice would be great. Also, not sure if it’s relevant but I am in Canada.
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