Archive for April, 2010

Our mortgage company is not applying our payments and have sent us to collections, where can we get help?

Friday, April 30th, 2010
sister1975 asked:


We have documentation to show all payments were made on time and in excess of the amount due. Our mortgage carrier is not applying the payments. Our bank has records to prove payment has been sent and cashed. Our mortgage company has now sent it to collections. Who can we contact for help?

Kitchen Cookware Sets
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How much does a mortgage broker make of a deal for a home refinance?

Friday, April 16th, 2010
Frank Rizzo asked:


How much does a mortgage broker make off a refinance loan? vs How much does a bank employee doing a refinance make off a refi loan? Besides ideal credit scores, what steps can be taken to ensure getting the best possible rate?

Can Vending Machines
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How does a family mortgage work for their kids?

Tuesday, April 13th, 2010
chipdoo asked:


Is it possible for a parent of a married couple to take a loan or a mortgage from a parent for, lets say $300k or so?
Is this possible? How does the interest rate work? Is it determined by the lender (the parents)?
Would this be a good thing for both the kids and the parents?

Anyone can shed some light will be appreciated!

Coffee Vending Machines

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I just took out my first mortgage on a home. How long do I have to wait before I can refi for a lower rate?

Monday, April 12th, 2010
Brice asked:


With the average mortgage rates dropping, I am wondering if there is a minimum amount of time you have to pay on your mortgage before you can refinance? 1 year?

Breckwell Pellet Stoves
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How do you subordinate a second mortgage?

Saturday, April 10th, 2010
Richi asked:


I am trying to help my client refi his first mortgage, but in order to do that I have to subordinate his second mortgage. The lender that I’m trying to sub is Chase. Any help would be greatly appreciated.

Bass Fishing Tackle
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What precentage of mortgage interest is refunded in taxes

Saturday, April 3rd, 2010
TM W asked:


So Far this year I have paid over fifteen thousand dollars in interest on my mortgage. Is there a certain percentage that is refunded when I do my taxes? Also, are closing costs refundable too?

Kitchen Cookware Sets
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