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Perhaps if they bought it after you defaulted or had a history of late or missed payments.

Perhaps if they bought it after you defaulted or had a history of late or missed payments.

Perhaps if they bought it after you defaulted or had a history of late or missed payments.

Perhaps if they bought it after you defaulted or had a history of late or missed payments.

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14y ago

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How can I determine if I am preapproved for a mortgage?

To determine if you are preapproved for a mortgage, you can contact a lender and provide them with your financial information, such as income, credit score, and debt. The lender will then assess your financial situation and let you know if you qualify for a preapproval.


Does a timeshare have to be included in your debt to income ratio when applying for a mortgage?

If you have a monthly payment, then the amount needs to be included. The lender is doing this so that they know you have the money to pay the mortgage, and that you are not financially overextended.


Can a mortgage company sue for the entire amount of a second mortgage after foreclosure even though they received money to cover the first and some of the second after the sale of the property?

First, it is unclear how you know the mortgage company received money toward the second mortgage from the foreclosure of the first mortgage. The lender can sue for the second mortgage. You should consult with an attorney who can seek documentation from the lender to support the amount they are suing you for.First, it is unclear how you know the mortgage company received money toward the second mortgage from the foreclosure of the first mortgage. The lender can sue for the second mortgage. You should consult with an attorney who can seek documentation from the lender to support the amount they are suing you for.First, it is unclear how you know the mortgage company received money toward the second mortgage from the foreclosure of the first mortgage. The lender can sue for the second mortgage. You should consult with an attorney who can seek documentation from the lender to support the amount they are suing you for.First, it is unclear how you know the mortgage company received money toward the second mortgage from the foreclosure of the first mortgage. The lender can sue for the second mortgage. You should consult with an attorney who can seek documentation from the lender to support the amount they are suing you for.


How do you know if you have mortgage insurance?

You know you have mortgage insurance if you were required to purchase it when you got your mortgage. It is typically included in your monthly mortgage payment and protects the lender in case you default on the loan.


How do you know who is the investor of a mortgage if your mortgage lender don't let you know before they was shut down?

If your mortgage lender shuts down and you don't know who the investor is, you can start by reviewing your mortgage documents, as they often contain details about the loan's servicing and ownership. Additionally, you can contact the mortgage servicer, if different from the lender, as they may have information about the investor. Another option is to check with your local county recorder's office for any recorded documents related to your mortgage. Lastly, consider reaching out to the Consumer Financial Protection Bureau (CFPB) for assistance in tracking down the investor.

Related Questions

How can I determine if I am preapproved for a mortgage?

To determine if you are preapproved for a mortgage, you can contact a lender and provide them with your financial information, such as income, credit score, and debt. The lender will then assess your financial situation and let you know if you qualify for a preapproval.


Does a timeshare have to be included in your debt to income ratio when applying for a mortgage?

If you have a monthly payment, then the amount needs to be included. The lender is doing this so that they know you have the money to pay the mortgage, and that you are not financially overextended.


Can a mortgage company sue for the entire amount of a second mortgage after foreclosure even though they received money to cover the first and some of the second after the sale of the property?

First, it is unclear how you know the mortgage company received money toward the second mortgage from the foreclosure of the first mortgage. The lender can sue for the second mortgage. You should consult with an attorney who can seek documentation from the lender to support the amount they are suing you for.First, it is unclear how you know the mortgage company received money toward the second mortgage from the foreclosure of the first mortgage. The lender can sue for the second mortgage. You should consult with an attorney who can seek documentation from the lender to support the amount they are suing you for.First, it is unclear how you know the mortgage company received money toward the second mortgage from the foreclosure of the first mortgage. The lender can sue for the second mortgage. You should consult with an attorney who can seek documentation from the lender to support the amount they are suing you for.First, it is unclear how you know the mortgage company received money toward the second mortgage from the foreclosure of the first mortgage. The lender can sue for the second mortgage. You should consult with an attorney who can seek documentation from the lender to support the amount they are suing you for.


How do you know if you have mortgage insurance?

You know you have mortgage insurance if you were required to purchase it when you got your mortgage. It is typically included in your monthly mortgage payment and protects the lender in case you default on the loan.


What should I be aware of when looking for a mortgage lender?

You should look for a mortgage lender that offers a free consultation. They should be very upfront and let you know what the fees will be. You should chose a lender that has a brick and mortar location.


How do you know who is the investor of a mortgage if your mortgage lender don't let you know before they was shut down?

If your mortgage lender shuts down and you don't know who the investor is, you can start by reviewing your mortgage documents, as they often contain details about the loan's servicing and ownership. Additionally, you can contact the mortgage servicer, if different from the lender, as they may have information about the investor. Another option is to check with your local county recorder's office for any recorded documents related to your mortgage. Lastly, consider reaching out to the Consumer Financial Protection Bureau (CFPB) for assistance in tracking down the investor.


How do I know if I have mortgage protection insurance?

You can know if you have mortgage protection insurance by checking your mortgage documents or contacting your mortgage lender or insurance provider. Mortgage protection insurance is typically purchased separately from your mortgage and is designed to help pay off your mortgage in case of death, disability, or critical illness.


I rent and want to know where to find out if the mortgage is late?

Whether the mortgage is late is none of the renter's business: it's a matter between the landlord and his mortgage lender. The mortgage lender will not discuss business with any other than its client. As long as the landlord has control of the property-- regardless of foreclosure status-- the rent will alway be collected by him and he can evict you if you don't pay.


Will a mortgage calculator let me know how much house I can afford to buy?

Yes, a mortgage calculator will help you in your decision to purchase a home. The mortgage calculator will also ask you for various inputs such as pre-tax income, current debt and debt payments, points on the mortgage loan, current rent payments and others to help make the decision.


What should I know about bankruptcy and mortgage refinance?

You can refinance your mortgage, even after a bankruptcy. Refinancing can even help restore your good credit in about two years! Sit down with your lender and talk about a refinancing plan.


How do I find the best mortgage lender?

A good place to start is at your bank. They know you and your financial situation and can provide you with a fair, regulated mortgage rate. Your bank can also give you information on where to go if you qualify for special mortgage financing if you are a veteran or have special needs.


Will I need to hire a debt lawyer to refinance my mortgage?

If it is not too complicated you may be able to do this yourself. Most mortgage companies will be able to talk you through it and let you know what information is needed.