Archive for July, 2008

 

Whats my best way to save for a home with a car loan?

July 30th, 2008

Brian asked: Heres my situation I have managed to save approximately $5500 for a home and I have another $2800 on its way from my tax return and I want to start looking this summer, also I owe approximately $10000 at 5.9% interest on my car. Would it be in my best interest to [...]

Read full article | 2 Comments »

Can I prequalify for a home loan w/ no job?

July 29th, 2008

poisonous_affliction asked: Here’s the deal. I’m currently a college student. I have no job but have about 15,000 in cash reserves. I really like this small house for 75,000. I have a credit score of about 700. Would I prequalify for a home loan? I don’t want to get [...]

Read full article | 7 Comments »

I am applying for a home EQUITY LOAN how does that differ from a regular mortgage & does experian look at it ?

July 27th, 2008

ANDY777 asked: I am applying for a home “EQUITY LOAN” how does that differ from a regular mortgage? & does experian look at it the same when calculating there “credit scores” ? ( I know they look at “EQUITY LINES OF CREDIT” negatively if used to the max.

Read full article | 1 Comment »

Have you tried to get a home loan from Lending tree.com?

July 26th, 2008

shermynewstart asked: I asked if the loans were through India or China & they wouldn’t answer!

Read full article | 8 Comments »

when is it okay to refinance your home loan?

July 25th, 2008

Christina B asked: we just bought our house a month ago and were approached by a company that said b/c my DH is a veteran we could get a lower interest rate. Is it okay to refinance this early?

Read full article | 5 Comments »

I am in the middle of a chapter 7 bankruptcy the place where I have my home loan wants a relief?

July 25th, 2008

dnye56 asked: They want a relief from the automatic stay. I am 5 months behind in payments n they want us out. My lawyer is objecting on it. She says that the amount can be added on to the end of the term n we will get to keep the house. What happens next?

Read full article | 1 Comment »

Can we claim HRA if we have a Home Loan?

July 24th, 2008

Deepu asked: I currently have a Home Loan and would like to know if I can claim HRA so that I can cut down on the tax liability. I have heard that if we are not living in that House (for which I have taken a home loan), I can claim the HRA as I [...]

Read full article | 2 Comments »

What is the formula to calculate home loan for monthly?

July 22nd, 2008

sureshbabu_gopal asked: give me the formula to calculate

Read full article | 3 Comments »

a government home loan for first time buyers named Genesis?

July 22nd, 2008

ecofriendly mom asked: My sister in TX applied for one and was approved for a first time home loan. Has anyone ever heard of this loan? Am I spelling it right?

Read full article | 1 Comment »

Can you apply for a Home Equity Loan individually if husband is on deed?

July 13th, 2008

LALA asked: Do you have to show documentation for both owners, or can just one get the loan based on their income solely.

Read full article | 3 Comments »