Bank of America is buying them, so you should be OK. If I was to chose, I would use a credit union instead. Countrywide kinda leaves a bad taste in my mouth.
things that needed to be fixed. We added them to the amended agreement of sale and signed it. What would happen if i wanted to make a change or add something else to it? Can i do that after i signed it already? My realtor is not helping me at all and now i have to look into getting a lawyer for this process. It is a nightmare for me since i am a first time buyer. No help has been given to me and i do feel like i am being taken advantage of.
Does anybody know how much a lawyer may cost me?
Any help would be appreciated. Thank you.
I am purchasing a new home. We are going through our credit union with a locked in 6.375% rate. Rates are now 5.75%. We are thinking of trying to switch to a mortgage broker so that we can get out of the locked rate and get the 5.75%. Can this be done? Closing is Sept 19.
For the past 4 years I have been buying my home from my uncle through an escrow service. The private mortgage does not show on my credit report, but I do claim the interest as a deduction on my taxes. I have placed that home on the market and I am purchasing another home. Will I be able to claim the first time home buyer tax credit since my previous mortgage was held privately?
well….i work at the 2nd largest credit union in the USA, State Employees’ Credit Union in NC. Here’s a little info.:
Check with your financial institution and see what the rates are. HINT: Credit unions are your best bet for the best rate! As long as your credit score is at least a 660 or better and have your debt ratio not exceed a certain percentage, all you would have to pay is your appraisal fee and closing costs, which usually isn’t much. You also have the option of a green mortgage and fixed rate mortgages for 30 yrs. Don’t go with ARM mortgages, (adjustable rate), you’ll never know what your payments will be. But with fixed rate, you know what your payment is every month. And you can get all of your taxes calculated into your mortgage payment!! But the biggest thing to remember is to live within your means when looking to purchase. Good luck and happy house hunting 
I have an established relationship with Bank of America however there are several other smaller banks and lenders out there with better rates. What happens if you get a mortgage through a smaller bank or lender and they go bankrupt or get bought out by another company? Does it affect your mortgage rate? Is that the chance you take or is the rate locked in no matter what?
I want to know about the first time home buyer grant assistance program where the federal government finance the down payment. Thank you in advance.
te of money?? What r the other alternatives?? Still living at home with my parents and need out.
The value should hold, but if you are in a declining market, your mortgage amount may have to be lower, unless you get an FHA mortgage, which doesn’t take declining value into consideration, I am a direct FHA lender. If you need help, let me know.
I’ve heard about this “Christmas Exodus”. It sounded nice so I was wondering if it was too good to be true.
The broker is currently working to correct mistakes on my credit bureau free of charge as part of her service to get me a mortgage. However, for various reasons, I am not comfortable having her represent me in the search for the mortgage. What kind of etiquette should I follow to break the relationship after she has spent time working on my credit report?
Can anyone tell me how they work?
Would it be best to go through banks, credit unions or other lenders that mortgage brokers might suggest? What are competible and reasonable mortgage rates? Is 6.25% legit for an first offer or should I definitely keep looking?
How to compute Income on house property for my let out/rented property which is purchased through housing loan?
