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Posts Tagged ‘Home Loan’

How many months of taxes and home owners insurance do I have to prepay on an impound account on a home loan?

July 4th, 2009

How many months of taxes and home owners insurance do I have to prepay on an impound account on a home loan? The bank is charging me 4 months of prepaid taxes and an additional 6 months of prepaid taxes and 2 months of prepaid homeowners insurance and 1 year prepaid of homeowners insurance. I [...]

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When I got pre-approved for a home loan I was told I dont qualify for first time homeowner loan?

July 3rd, 2009

I was told I make too much. I am the only one in my household and I make approx 55,000.
The website http://www.mnhousing.gov/ …….shows that its 64,800 for the cut off point. Am I missing something? Would a mortage broker lie to me?Quick Property Sale

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If a signed a home loan as the homeowner and 6 months later I cant pay it and I decide to rent it,?

June 29th, 2009

Do I have to pay renters Insurance? What if they deny it because of my loan status ( primary home).Sell House Quick

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My dad put a home loan in his name that loan is now “upsidedown” the payments have not been behind but it is a?

May 17th, 2009

ARM loan because he the property is not OWNER Occupied I don’t believe he will qualify for the new HOMEOWNER AFFORDABILITY AND STABILITY PLAN the home is way upside down loan $355K homes in area now worth maybe $180K so no one will refinace what are his options?Sell and Rent Back

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