Q&A: Why should I trust the advice of a mortgage loan professional when buying or refinancing a home?
Question by econqwest: Why should I trust the advice of a mortgage loan professional when buying or refinancing a home? Best answer: Answer by NitengaleMy motto is if you don’t know them personally don’t trust them. They are out for the commission they make so do you homework before you committ to a specific person or company. Add your own answer in the comments!
read moreI have a 5 year ARM mortgage and i need advice on refinancing to a fixed rate mortgage?
Question by ssk402000: I have a 5 year ARM mortgage and i need advice on refinancing to a fixed rate mortgage? When I bought my house it was worth 291,000 where I made a down payment of 20,000 and now I am having an appraisal getting done and with the housing market as it is, i’m sure its worth much less. I originally had a 5 year ARM mortgage at a 5% rate but am now looking to refinance to a longer fixed rate mortgage. What are my options? Best answer: Answer by Biggie @ Arbor MortgageYou may be fine putting 20k down on the loan, but...
read moreQ&A: I need some mortgage advice for refinancing or another option?
Question by Ryan: I need some mortgage advice for refinancing or another option? I owe about 130000 on my house and after all of this mortgage crisis stuff my house is worth around 110000 I would like to refinance but no one will help because I owe more than it is worth. I take home about 2000 a month and my mortgage payment alone is 1076 plus my other bills It is always really tight with money, does anybody have any advice or loop holes to getting refinanced any advice at all would help, Thanks Best answer: Answer by WHATAt this time my...
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