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What else can I help you with?
How can you lower your house mortgage?
Refinancing is one way to lower your mortgage on a house. To start out with the lowest rate is to shop around with different banks to give you the lowest percent rate. Take your time, you want the best mortgage for you.
What are the consequences of putting your girlfriend on the deed?
If the relationship ends then you will either have to sell the house and split any profit or buy her out of the mortgage.
Have been divorced for 11mos my x has had control of the house and keeps putting off selling it iam resposable for 40 percent of the payment each month what should you do?
File a motion to force the sale with the court, but is this due to being upsidedown in the mortgage?
Do you have to pay a mortgage on a house you own?
No, if you own a house outright with no mortgage, you do not have to pay a mortgage on it.
Is it true or false if your mortgage exceeds 25 percent of your net income you have bought more house than you can afford?
True
Can I refinance my mortgage if I have low equity in my house?
Yes it is possible to refinance your house if you have low equity. But you must have at least 20 percent equity before your refinance will be apporoved.
Can you demolish a house that still has a mortgage on it?
Yes, a house with a mortgage can be demolished, but the mortgage would still need to be paid off even if the house is destroyed.
What are the typical closing costs for a mortgage?
The amount used to buy your house is one thing; The fees required to close that transaction is another thing altogether, and they amount from 3 to 5 percent of the overall mortgage
What is the difference between a construction mortgage loan and a normal mortgage loan?
A normal mortgage is borrowing money to buy a house. A construction mortgage is when you own a house and borrow money against the house for repairs or renovations.
Is my house considered an asset even if I have a mortgage on it?
Yes, your house is considered an asset even if you have a mortgage on it. The value of the house minus the amount owed on the mortgage is the equity you have in the property, which is an asset.
How do you buy a second house and get a 2nd residential mortgage when you already have a mortgage on your first house?
Sexytime with banker.
Do you still owe the house when you enter to reverse mortgage?
You still own the house if you have a reverse mortgage, yes.
