Is it possible to obtain 2 seperate mortgages from 2 seperate mortgage company for one home?

Home Mortgage 4 Comments »
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

In depth info. on Home Mortgage?

Home Mortgage 2 Comments »
Bob_Osso asked:


Im aiming to buy a home within two years (first time). Can anyone recommend a website or book that goes over mortgages in depth? Not just the definitiond of the different types of mortgage’s but how exactly each one works (pro’s and con’s).

Veronica

If you have 2 mortgages on a home can you sell the the home to pay off the first mortgage and keep paying th?

Home Mortgage 6 Comments »
richie s asked:


let me explain a little more when we bought the home they gave us 2 seperate mortgages one for $180,000 and one for $40,000 we want to sell the house to my girlfriends sister and she is gonna let us still live there.So if we are still paying the second mortgage wouldnt that be fine??

Caffeinated Content

What does APR mean for a home mortgage?

Renting & Real Estate No Comments »
home mortgage
Betty H. asked:


Would someone explain to me in plain English (think “Mortgages for Dummies” here) what is included in APR?
I know what APR stands for and everything. What I’m interested in is what is included in the APR that brings my rate from something like 6.5 up to 6.7? That seems like a lot of money over 30 years so I want to know what I’m paying for.

Earl