home loans – mortgage refinance second mortage

October 14, 2010

Home loans to be expensive

Filed under: News — Tags: , , , , , , , — admin @ 9:35 pm
ndtv asked:


For those looking to buy a house or in the process of repaying a home loan, Tuesday’s repo rate and CRR hike may not be good news. Home loan will get more expensive, as most banks are certain to pass on the higher rates to their customers. NDTV learns that most banks are looking to hike home loan rates and it’s not just those planning to take a new loan should worry. Existing borrowers on floating rates will also feel the pinch.

Helen

January 4, 2010

I’m recently divorced and my name is still on the mortgage but i want to purchase a new home.am I able to?

Filed under: Renting & Real Estate — Tags: , , , — admin @ 6:36 pm
zilyrag asked:


my name and my ex’s are on the mortgage together and i went to the bank to be pre-approved for a loan to buy a house by myself and it was then that i was told i was still on my ex’s mortgage. Is this gonna stop me from getting a loan for my new home?

WILLARD

April 17, 2009

Mortgage took longer than the closing date and the sellers decided to terminate the contract, Earnest Money?

Liz asked:


I applied for a mortgage loan to buy a house, closing date was schuduled for July 3, 2007 but finance company was not ready to close and took longer than expected, so sellers terminated to contract. Everything was okay on my part, I turned in every document that was asked for and inspection passed. Sellers want to keep the Earnest Money, what should I do?

BRETT

March 12, 2009

Does a borrower receive cash money when s/he loans a mortgage?

firstquality72 asked:


I am confused a little bit about mortgage. Just say i wanna buy a house, then i’ll go to a bank to loan money to buy that house. That’s called a mortgage, right? But, what i don’t know is whether i will receive cash money from the bank or not? Or the loan for mortgage just shows, OK from now on, i will have a loan with some certain amount of dollars with the bank without i need to have the cash money in my hand. The cash money is the business between the bank and the house’s owner such as the realtor. So, can anyone tell me does the mortgage work like that? Thanks.

KIRBY

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