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Can you stay in your home if you haven't paid your mortgage in 2 years?

no


What is the average fixed home mortgage rate in the Cleveland area?

Current fixed home mortgage rates range from 3-4.5%. The rate will depend on what length of a term you decide to take on your mortgage, the longer the term, the lower the rate will be.


When you file under chapter 13 and you own your home with a mortgage does the mortgage get paid off in the three to five year period they give you?

No. The mortgage gets paid off according to the terms of the mortgage agreement, (20 years, 25 years, 30 years, etc.)


How do you qualify for a reverse mortgage?

To qualify for a reverse mortgage, the borrower must be at least 62 years old, own their home in full (or be able to pay the balance on their home with the proceeds of the reverse mortgage), and live in that home as their primary residence.


What are todays Wells Fargo Home Mortgage rates?

It can be expensive to mortgage a home. Wells Fargo provides many options and their rates fluctuate from day to day. Their current rate is a range from 2.8 - 4.7%. The length of your mortgage determines the rate you will pay.


What is a reaffirmed mortgage?

A reaffirmed mortgage is one that was included in a bankruptcy but the homeowners get to keep the home instead of losing it back to the bank. The payments and length of loan may be adjusted.


Can you get a home equity loan with no mortgage?

You can get a home equity loan with no mortgage but the process is a lot longer than the normal loan process. If you are interested in getting a home equity loan, please visit http://austinhomemortgageloan.com, we will be happy to assist you!


What is average mortgage for American home owners?

average mortgage is $225,000.00 with payments of $1780.00 principal & interest for a period of 30 years.


What is reverse mortgage and how can you get it?

Reverse mortgage is a loan given to homeowners aged 62 years and above to help them convert part of the equity in their home into cash and you can get it only if you own a home.


Where can I go to have reverse mortgage exaplained to me?

A reverse mortgage is a special type of home loan that lets you convert a portion of the equity in your home into cash. The equity that built up over years of home mortgage payments can be paid to you. But unlike a traditional home equity loan or second mortgage, no repayment is required until the borrower(s) no longer use the home as their principal residence or fail to meet the obligations of the mortgage.


What is a home mortgage?

A home mortgage is a loan that is secured by property through the use of a mortgage note that ultimately grants you a mortgage for your home. You can obtain financing on the purchase of your new home or any home.


When did green tree buy purchase gmac home mortgage loans?

The Green Tree did purchase the GMAC home mortgage loans five years ago. They are expecting to own homes in the near future because they will be financed by the mortgage loans.