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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Home Loan, Homeowners Insurance, Insurance
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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First Time Homeowner Loan, Home Loan, Missing Something
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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Home Loan, Insurance, Rent
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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Affordability, Home Loan, Loan Payments