http://backend.userland.com/rss092 http://www.mortgagefit.com/rss/discuss.xml Through MortgageFit forums, the Community holds discussions on various issues that common people come across while dealing with professionals in the mortgage industry. The forum topics also highlight the knowledge and experiences shared by our Community sam.mortgagefit@gmail.com Sat, 07 Nov 2009 11:32:33 GMT en-us http://www.mortgagefit.com/oklahoma/loan-appraiser.html http://www.mortgagefit.com/oklahoma/loan-appraiser.html Hello everyone! I'm in need of some help. We are wanting to sell some land in Oklahoma. I want to make sure that I'm getting the most for property, its farm land, pasture.. etc. No house on the land. Are there different types of certified appraisers or can any appraiser appraise land? Are there different methods? If so, what would be the best method? I think this would be a good start for me Thanks ... http://www.mortgagefit.com/homeloan/truthinlending-disclosure.html http://www.mortgagefit.com/homeloan/truthinlending-disclosure.html I just got a package in from wells fargo. Was not sure what it is but it is package of paperwork. One of them being a truth in lending disclosure with the amount of the home i plan to purchase. The payments and intrest rate. What does this mean? Have I been approved because last I heard it was still in underwritting. Is it still in underwritting even if i got this package? Anyone shed some light on this for me? Thanks!! http://www.mortgagefit.com/predeal/about30320.html http://www.mortgagefit.com/predeal/about30320.html We currently have a mortgage on first home that we purchased over 10 years ago. We owe roughly $20,000 and the assessed value on our home is 61,000. We would like to build in the spring. What would be the best type of loan to pursue? We are not sure if our home will be sold by then. http://www.mortgagefit.com/homeloan/payments-alimony.html http://www.mortgagefit.com/homeloan/payments-alimony.html I left the home when we separated in 2007. He has been living in the home since. As part of the stipulation adopted in the divorce decree finalized in 2008 we were splitting the costs of the mortgage andamp; taxes until the house was sold and we were to split the proceeds. The house still hasn't sold and we just modified the decree this year so that as of May 2009 he takes over paying the home expenses while he is living in the house. He pays the interest only option on the mortgage so that he... http://www.mortgagefit.com/problems/alimony-payments.html http://www.mortgagefit.com/problems/alimony-payments.html I left the home when we separated in 2007. He is living in the home since. As part of the stipulation andamp; divorce decree finalized in 2008 we were splitting the costs of the mortgage andamp; taxes until the house was sold and we split the proceeds. The house still hasn't sold and we just modified the decree this year so that as of May 2009 he takes over paying the home expenses and pays the interest only option on the mortgage so that he is not building any equity in the house. For tax yea... http://www.mortgagefit.com/predeal/about30299.html http://www.mortgagefit.com/predeal/about30299.html I just spoke with the lender (CitiMortgage) and they said that this is the way I should do this. The mortgage is none assumable and my credit is not perfect. They also said that when I refinance I can remove my aunt from the lone. http://www.mortgagefit.com/loantalk/borrow-equity.html http://www.mortgagefit.com/loantalk/borrow-equity.html i want to borrow $40,000 but only have about $20,000 in equity. what should i do?...i owe $191,000 and my house is worth about $211,000. http://www.mortgagefit.com/firsttimebuyer/loan-credit-downpayment.html http://www.mortgagefit.com/firsttimebuyer/loan-credit-downpayment.html Hello, Due to the ecomony and the burst of the housing andquot;bubbleandquot; I know that banks are hesitant to lend out money for mortgages. Can someone review the requirements for a first time home buyer during these times? I am looking to buy a house and wanted to see if I should not even try. 2 credit bureaus list my score as 682 andamp; 686 the third lists it at 639. I have a collection on an apt from 6/04, and a charge-off on an auto loan from 8/06. I have since got back on my feet and have ... http://www.mortgagefit.com/know-how/about30288.html http://www.mortgagefit.com/know-how/about30288.html In July of 2008 we were under contract with a seller to purchase a home for $114,000. We were putting $56,000 down payment and financing $65,000. At the last minute our financing fell through due to my bad credit. We were able to find financing through a private business owner in town. He financed us the money at 8% and gave us two years to get credit cleaned up for a andquot;refinanceandquot; and to pay him off. My question is this: Would this be a refinance since the original loan was from... http://www.mortgagefit.com/budgeting-finance/recession-savemoney.html http://www.mortgagefit.com/budgeting-finance/recession-savemoney.html All of us have realized the importance of savings in a hard way. The only good that recession has done to us is that it has helped us understand the necessity of savings. With severe unemployment and loss of homes, it is better to adopt a frugal lifestyle for the time being. People are considering it irresponsible to spend more in these days of financial crisis. We have to agree that savings is a good habit. If you haven't started savings yet, check out the given tips which may help you star...