Your Path to a More Affordable Mortgage

For more information, or to find out how you might be able to benefit from the Making Home Affordable program, please visit www.makinghomeaffordable.gov.

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Your To Do List for a Permanent Modification

For more information, or to find out how you might be able to benefit from the Making Home Affordable program, please visit www.makinghomeaffordable.gov

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Making Home Affordable

For more information on the Making Home Affordable program, and to see if you quality, please visit www.makinghomeaffordable.gov or contact the Homeowners HOPE™ Hotline at (888) 995-HOPE.

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How do broker commissions work with assumable mortgages?

Someone has recently offered to assume the mortgage on our house. We have the correct type of loan to do that, and the person has been approved by the lender. When we close, what sort of broker commission will we owe to our current realtor?

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Can I finance my closing costs into the mortgage for a 30 year fixed rate loan.?

im buying a new construction condo and the builder wants 5,000 down to finish the house (tile and flooring), but that was the money I was going to use for my closing costs. Since I will have paid down part of the principal, could I finance the closing costs?
my mortgage is 100% financing

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what happens if i want to sell my house and move within the first five years of my mortgage?

I have a five year term on my mortgage – which means I think that I am barely paying any of the principal off for that period of time, and am just paying off the interest.

What happens if I want to move before the end of my term? Where does all the money go that I’ve paid in so far?

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I am a first time homebuyer with a fairly low income. What are my best mortgage options?

More specifically:

1. What kind of mortgage should i get?

2. I will probably be using my parents as a co-signor in order to get a better rate, will I still be eligible for the 8k tax credit?

3. If the tax credit is eligible to be used for a down payment, does that eliminate my 2009 tax return altogether?

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If mortgage is due on the first do I have till the fifteenth to pay?

My mortgage is normally due on the first of each month . Do I have till the 15th. to pay ? Before they can say it’s actually due ?
Like many others , having financial difficulties .

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Making Home Affordable: Boston

Making Home Affordable visits Boston, MA to help struggling homeowners. For more information, or to find out how you might be able to benefit from the Making Home Affordable program, please visit www.MakingHomeAffordable.gov.

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What’s the best strategy for a first-time homeowner in getting the best mortgage rate?

I’ve been saving up and will be ready to start shopping around for a mortgage this spring.

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