Is mortgage insurance on primary residences based on the appraised value of the home or the purchase price of the home? I know, for me, it's 80% but I'm not sure what it's based on. What's the norm?

(I will, of cou...

Hi BPs!, Can you please review this provide some feedback, please? I refreshed my pre-approval to lock the rates. Here is what my lender provided.Location: Chicago, ILLoan 415KIf you put the 20% down, I give you two o...

I currently have 7 rentals (SFR) and I am in the process of setting up a LLC. I am going to refinance 5-7 of the properties in the name of the LLC. I've been in discussions with with a director of private banking at a...

The banks are now selling their foreclosure homes during the redemption period. This may be good for the banks but it will causes a lot of problems selling houses in redemption to the general public. Below are some qu...

So I have been divorced since 2007.

I agreed to let my ex-wife stay in the property until she could refinance it in her name only.

It is now 2013 and my name is still on the title and she is unable to r...

Can someone explain to me what exactly is a rap mortgage and how it works? please Also when and how to use it

What is the purpose of the second mortgage? What would be an example of a time one would come in handy, and how would you know that time when it came. Thank you so much in advance everyone...

hey, there! i would like to sell my house to a FHA mortgage buyer in Philly. What kind of legal documents should i have available (cfo, anything else ) ?

Hello, My brother says he had a friend who used leverage to buy a bunch of houses, and after the housing market crashed in 2008, the banks demanded more cash from him due to the LTV being out of whack. He couldn't pay...

Anyone heard of or done business with Ford Mortgages? They show locations in Washington D.C., and Capetown, South Africa, but have a (407) area code (Orlando area). Their phone number is also used for a company called...