Renting & Real Estate

Sung A asked: Hi Year 2006 I purchased house ($625K). I hired mortgage broker and he applied loan for me. BB&T was my lender and loan was approved in 20 days. I put $125K for deposit and got $500K loan. Last year one of my friend told me that BB&T is not a wholesale lender. [...]

Continue Reading Do we have to use 1003 Loan Application when we purchase residential house?

Tags: Loan Application, Mortgage Broker

john r asked: i’m nearing the end of myprepayment peanalty,i’m thinking of refi the house to a fix mortgage and take some money out.also pay some student loans.how does this add up.i have a 150k equity sitting on my house since we bought it 2 years ago.does my payment go up or about the same.need [...]

Continue Reading can somebody explain how a home refinancing works,does it make your payments small or bigger?

Tags: House Mortgage, Money, Student Loans