Pilar Jin
Newbie: What to do with mortgage loan when selling the property?
Hi,This is the first property I sell, so no idea what to do with the loan. Do I just pay off to the bank after I receive the payment from buyer? Other options? ThanksPilar
Melinda Vaughn
Mortgage company that allows the equity as part of down Payment?
Hello,
I have a lease with purchase option on a house that now has an addItIonal 20% equity from the agreed upon purchase price. Does anyone know a mortgage company that allows the equity to be used as part/all of th...
Alison Rauch
Borrowing against retirement fun to pay cash then take a mortgage
Looking for advice... we are considering borrowing against our deferred compensation retirement account to pay cash for a property. Can we renovate it and then take out a mortgage to pull the money back out? Has anyon...
Iris Tunlaw
Implications of repeatedly paying my mortgage by cash at the bank
Every month I carry cash to my bank branch to pay down the balance of my mortgage, I've been doing it in the last 6 months, because I happened to have cash.I know if I do the same thing to my checking account, it coul...
Derek Williams
App to get quick look at all properties mortgages, equity, rents?
I'm wondering if there's an app out there that I could input information on all my properties. Then at a quick glance I could see mortgage info, equity in each property, rents, etc? TIA.
Abram Calhoun
Reverse mortgage! Should I wait until they take the property back
I have a seller but it has a reverse mortgage and the seller wants me to pay the reverse mortgage and take possession of the property. I was wondering is that a good idea or just wait until the reverse mortgage compan...
Henry Uili
Quick question about taking over a mortgage from a family member
Quick question So here’s the scenario. A family member has her daughter and son in law living with her. They want to take over the full mortgage payments to help free the parents from debt and also keep the parents as...
Dominic Balconi
(New) Mortgage Loan Officer; Could use some advice from the pros
Hey everybody,So, let me start with a brief introduction. I have been a loan officer for about a year and a half, I was doing 100% Refinances. A few weeks ago I started working for a new company that does 80-85% New H...
Naveen Desai
Getting Mortgage when person had 2 foreclosures in PAST > 10 yrs.
Hello, One of my acquaintance reached out to me to help him with buying his home. The history is he has had a foreclosures in the past over 10 yrs ago. He also had another home that was lost due to a divorce als...
Liz Kazeva
Cash out dilemma: 100% equity, get a HELOC or a mortgage?
I have a multifamily property that I have made a lot of improvements to since it was purchased 1 year ago. I own it with a family member in an LLC. This person insists on getting a HELOC and their reason for it is bec...