kyle s asked:


My mortgage company will only give me a payoff in wiriting and that takes 10 days. I just need to know if I sell now is the full principal balance owed or is the amount less?

Jon

CuriousFellow asked:


Would there be 2 seperate closing costs if I do get 2 seperate mortgages? What are the disadvantages of getting seperate loans?

Daniel

T W asked:


I am trying to make a couple other purchases, I also want to lock in my interest rate, but my mortgage company is telling me they cant do a credit pull or lock a rate until 30 days or less until closing. I close at the end of june.

Charles

honeedew22 asked:


This term is situé my house of prêt with information trouvées on my prêt hypothécaire the Web site of l& #39; company, but the amount is the double of the value of my prêt.

Ethel

goofyjr2004 asked:


I heard a news about Federal goverment lowered mortgage rate by 0.5%, is it true? Who is qualified for this benefit?
We get our loan from a mortgage company.

Kelly

Annie asked:


I’m just about to sign on my first home loan but want to know how close to good faith estimate will my loan be? I don’t want to pay much more than what I was quoted. The loan agent at the mortgage company (referred by builder) has told me that the good faith estimate is a breakdown of what I can expect but he estimates it will be a bit lower. I don’t want to lose my earnest money and money for upgrades if at closing it looks wrong.

Martha

v.complex asked:


It’s a signature loan for less than $10k, I live in MD, and the company says it can foreclose my property in 30 days.

Caffeinated Content

Mya m asked:


I found out that the mortgage company was in the process of foreclosing on my home. They had a default judgment entered by the clerk of court after no response from me. (I never was served, but thats another story for another time).

I go to search online and low and behold I notice something that peaked my attention. The second mortgage company had just received an assignment of mortgage from my previous lender. (Dated 1 day before the default/foreclosure hearing before a judge and 53 days later after submitting foreclosure papers to the clerk of courts office.) WTF????

1) How in the h*ll did they have the right to start foreclosure proceedings against me when they never had the loan properly assigned to them?

2) How do you obtain a default judgment against a borrower whom you yourself do not own the loan?

3) Am I to take from this that the first & second lenders dropped the ball and never proceeded thru the proper channels, which in turn allows me to have any default judment dismissed, seeing that the lender never had AUTHORITY to process any foreclosing proceedings?

Would their oversight give me the chance to start over?

*IF THE FIRST LENDER SOLD THE LOAN WITHOUT THE SECOND LENDER BUYING THE LOAN, BUT ALLOWING THE SECOND LENDER TO MAKE DECISIONS, TAKE PAYMENTS W/O THE PROPER STEPS, THEN WHAT ARE MY REAL RIGHTS?

I tried so hard to work with the second lender since they were indicating that they were over my loan. They refused to budge. If I had know all along they really never owned my loan, I could have maybe with the lender who actually still owned my loan.

Thanks for any replies.

Caffeinated Content

vickyloo asked:


It is my mortgage company and I’m concerned about rumors I heard .

Jean

MaxxumDawg asked:


I have been unable to sell my old home after more than a year, and my wife and I are unable to afford upkeep on two houses. There is sufficient equity in the home to cover the mortgage and I just want out.

Cody