I want to refinance my previous house because we moved to another state and own another house. The previous house is qualified for second home mortgage for refinance. And, I do have the money to pay for the second home mortgage. But, could I rent out the house that has second home mortgage on it? [...]

I am interested in refinancing my home mortgage. My mortgage lender has a number of local mortgage offices as well as a national call center through which I could proceed with the refinancing. Is it likely that there would be a significant difference in fees, rates, etc., when using their national call center versus their [...]

My sister is asking me for money to pay up her home equity line. When I asked about her mortgage payment, she said she paid it off with her home equity line. Is that possible to borrow money on your home to pay off your home? Sure it’s possible but why would she do that? [...]

I know that future taxes can be rolled in, but how about the initial taxes? For example, if the taxes on a house are $6,000/year, would we need to present that $6,000 in full at the time of the closing? or would we be able to roll it into the mortgage? Someone once told me [...]

I really need good options on how to refinance a home mortgage with negative equity. Currently my mortgage wont allow me a refinance. Any options on what i could do? Sorry, there are no options. None. addthis_url = ‘http%3A%2F%2Fwww.secondhomemortgages.org%2Fblog%2Fhome-mortgage%2Fhow-to-refinance-a-home-mortgage-with-negative-equity’; addthis_title = ‘How+to+refinance+a+home+mortgage+with+negative+equity%3F’; addthis_pub = ”;

Lets say you have $5000 coming in per month, how much is a safe amount to spend on a mortgage, while still saving some for car payments, other loans, insurance, groceries, emergencies, etc? My dad said a 1/4 of your net income is a good idea per month to spend on your home payments…agree? disagree? [...]

I’m not a first time home buyer. What are the pros and cons of using bank financing versus mortgage company financing to find the most competitive interest rates? This is for a home purchase, not refinance and my credit is excellant. in terms of competitive rates, your bank is limited to the loans that are [...]

I purchased a home and later refinanced with a co-signer. I have not lived there for the past 3 month b/c i had to relocate for work. I allowed her to move back in and she has not paid the mortgage on time yet. Mays still has not been paid. How do i get her [...]

I’m getting a divorce and eventually moving out, and I don’t really want to throw money away on rent. I’m thinking of buying a mobile home (because they’re inexpensive) but was wondering if I can get a full 30-year mortgage on one, so I can keep my payments as low as possible? (And no mobile [...]

I have a home that is now being rented out. Currently I am trying to get the mortgage modified. I am current on all my payments and want to buy a new home. Can I do this or do I have to wait til my loan modification is complete? No I have never been behind [...]