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What else can I help you with?
Do you have to pay your mortgage when you short sale your home?
From what I understand the bank has to agree to the short sale and then takes that as the mortgage paid.
What is the mortgage origination date for your current home loan?
The mortgage origination date for my current home loan is insert date.
What if you pay your first mortgage but not your home equity?
If you have a first mortgage and a home equity mortgage, the home equity mortgage is a second mortgage. If the home equity mortgage is not paid, the lender can foreclose and take possession of the property subject to the first mortgage. The home equity lender can pay off the first mortgage and keep any excess proceeds from a sale.
Do you have to pay off your mortgage before selling your home?
No, you do not have to pay off your mortgage before selling your home. When you sell your home, the proceeds from the sale can be used to pay off the remaining balance of your mortgage.
Where can one find the current home mortgage rates?
One can find current home mortgage rates from: Money Supermarket, Money Savings Expert, Which Mortgage Advisors, Bank Rate, Mortgage News Daily, to name a few.
What is the approximate home mortgage rate for a home in Florida?
According to information on the website BankRate, the current approximate home mortgage rate in Florida is 4.05%. This is when taking out a 30 year home mortgage.
What is the current home mortgage rate offered by the Bank of Scotland online?
Home mortgage rates change often. The current mortgage rate offered by Bank of Scotland is 18%. They also provide ways of bringing down your mortgage rate with a refinancing.
How soon can you refinance a mortgage after purchasing a home?
You can typically refinance a mortgage after purchasing a home once you have made at least six on-time payments on your current mortgage.
What can be done to avoid a sheriffs sale of your home?
Continue to make payments on your mortgage.
How can you refinance your home for a mortgage?
In order to refinance your home, you should look for a reputable mortgage broker. Work with the broker to find a good plan to refinance you home by looking at you current mortgage.
Do you still have to pay back your mortgage if your house for sale?
Of course. Until you pay off the mortgage loan, you have to pay payments on the home.
How do you calcualate equity in your home?
Home equity is the difference between the current value of a home and the amount still owed on the mortgage. As the principal of the mortgage amount decreases as a result of monthly mortgage payments, the home equity increases.
