Monthly Archives: November 2007

What is a Reverse Mortgage and are they good loans?

*MacDaddy* asked: My neighbor told me about these reverse mortgage loans and I wanted to ask here if this a safe way to get some cash out of my home.Caffeinated Content – Members-Only Content for WordPress

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How do non-qualifying home loans work and how can I find them?

Larry asked: What are the pro’s and con’s associated with non-qualifying loans?Caffeinated Content

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How do they roll taxes into home loans?

Nathan H asked: My wife and I are young college graduates, and with the falling housing market, home ownership is looking better and better. We live in NW Wisconsin, where a decent home will cost you $115,000 – My question … Continue reading

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What are the disadvantages of subprime home loans?

tikki asked: I’m getting ready to buy my house. I know to do a 30-yr fixed rate. I’m just wondering what is the buzz about subprime home loans? It seems to really be hurting people and mortgage companies. What are … Continue reading

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Student loans not in repayment or in deferral included in a mortgage loan application as an expense?

Ana C asked: Am applying for a mortgage loan and have two school loans already on my credit report but specify one is not in repayment and second is deferred. However, the loan application is requesting all expenses listed on … Continue reading

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How do you buy a second home when you have no savings?

Yogi asked: I have a home in MD and want to move to FL and turn the MD house into a rental and purchase a foreclosure in FL. I have an agent in FL and an agent in MD to … Continue reading

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What company should I apply for a home equity loan fast but have bad credit?

jeff asked: I am currently in a bad financial situation. I have terrible credit and can’t even get approved for a new credit card. My monthly payments on my car and credit cards are too much for me to handle. … Continue reading

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can someone who be on two home loans at once?

baby girl asked: Was just wondering if a person is already on a loan for a home as a cosigner can they be used as a cosigner for another. I already asked my realtor and he doesn’t know.Caffeinated Content – … Continue reading

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