Archive for September, 2009



Can you get a mortgage with a US bank for a Canadian property?

Wednesday 30 September 2009 @ 10:48 am
Chad L asked:


I’m purchasing a new home, and I’m wondering if I have any options with going with a US bank for the loan/mortgage. I am a canadian citizen and the new home is in Canada.

Palm Springs homes#BREAK#



Originating a home mortgage?

Wednesday 30 September 2009 @ 6:15 am
emtd65 asked:


OK – I am clueless here….I am unable to get a loan or mortgage on my own for a mobile home in New York. A friend in Texas is willing to try and get the loan in her name. Would she be able to originate the loan/mortgage in Texas? Also ,There are only two mortgage companies in NYS that will allow you to purchase a mobile home….

Illinois Valley homes for sale#BREAK#



what would happend to someone who sign someones name to get a home refinance?

Tuesday 29 September 2009 @ 3:01 pm
boricua_2290 asked:


my husband brother in law sign a document for a home, my husband did sign the first loan, but then the deal with the business home group went bad for them and they decided to refinance but this time without telling my husband, in the new loan documents it says that whoever sign the borrower wich is my husband show proper ID and this is a lie because my husband didnt sign anything this time.. the borrower had 11 thousand dollars at closing wich is another lie we didnt get any money.. can we go after this loan mortgage company? should have they check to see if the person who sign the documents was really my husband? when the documents says that the borrrower showed proper ID only it wasn’t my husband who sign? do we hve acase of forgery? do we have a case at all?

Simi Valley CA Real Estate



Mortgage company wants my 2005 and 2006 income tax returns. Is it required?

Monday 28 September 2009 @ 9:55 pm
stan4bass asked:


I applying for a home refinance loan. Mortgage company want me to sign a form to obtain my 05 and 06 income tax returns. Is it required?

Baltimore County Real Estate



What are the defining “Lender” standards for a habitable home?

Saturday 26 September 2009 @ 5:54 am
eric asked:


Meaning what is the lender looking for to determine habitability in order to approve a home loan/mortgage? Not FHA loans but conventional lenders.

Malibu homes for lease



Need some help Veterans, Home Loaners, and Real Estate brokers!?

Friday 25 September 2009 @ 6:15 pm
R B asked:


I am a single Airman First Class stationed in japan, and I want to take out a home loan/mortgage through the VA however it looks like they won’t let me do so due to the fact that I won’t be occupying it while I do not have a spouse that can do so either. However they offer a chance to carry out a loan guaranty combinded with a non veteran. First off what is a loan guaranty. As a 19 year old E-3 what kind of credit score an I going to need to be looking at to get a loan between 100-200K from the VA or any other home loan lender, what kind of interest rates will I be looking at, and if I was to combine w/ a non veteran and go for the VA loan what kind of shape would their credit need to be in? Any other advice at all would be greatly appreciated! I want to make this first investment on a house and get myself into the Real Estate business since the housing market is down and it is a perfect time to buy. Does anyone have any advice Real Estate wise and please be as descriptive as possible! Thanks big time!!
Due to the restrictions by the VA would it be a better idea for to me branch outside of the VA in search of a home loan/mortgage? And should I consider a joint loan? Credit, and debts are not a problem. With a guarenteed paycheck and solid income I don’t see that being an issue either..

Simi Valley CA Real Estate



New Homes in El Paso Tx Information is

Friday 25 September 2009 @ 4:10 pm

New Homes in El Paso Tx

Information is deemed reliable but not guaranteed.




What are the limits to mortgage interest deduction?

Friday 25 September 2009 @ 3:27 pm
Jason asked:


My wife and I current do not owe a mortgage on our house (~$600K). I am considering getting a ($400K) home equity loan / mortgage. Our income would easily support the monthly payment. My questions are 1. Will the interest from the $400K loan be tax deductible or is interest on cash-out loans over $100K not eligible for deduction (I’ve heard)? 2. Will points on this load also be deductible? Thanks.

Federal Hill Baltimore Real Estate



USA HOME LOANS “Mortgage Law Update”?

Thursday 24 September 2009 @ 1:59 pm
firemama asked:


I received a letter in the mail in regards to an MIP Refund. Its talks about a bill signed back on Dec. 8th 2004 that could qualify me for a refund.
I get tons of junk mail. I know what is real and what isn’t. But these kinds of letters get me curious. Has anyone ever heard of this and is it real or just a prank?

Natural Whole Food Diets



Appraisal and loan mortgage question?

Wednesday 23 September 2009 @ 6:29 am
Torrey O asked:


I am having a house built, and it almost finished the house just appraised for less than what home building company is asking for? I haven’t had a chance to talk to my sales rep. I don’t know what to do? I also don’t know what they are going to do. THe bank will not lend me more than what the house is worth. What do you think is going to happen a far as the seller, and what should I do?

Silver Spring md homes



Would I be responsible for a loan mortgage that is just in my spouse’s name?

Tuesday 22 September 2009 @ 7:13 pm
future retiree asked:


This is a home my husband had prior to our marriage. He owns quite a bit on this home and he carries life ins. through the loan company if something should happen to him. We can not afford it and if (God forbid) something happen to him I would not want the house or I certainly do not want to be responsible for it. We want to cancel the life insurance on it. Would this be wise?

Huntsville Relocation



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