First Option Mortgage has it's head office in the state of Georgia. The office is located in Atlanta. The company is licensed in 42 states, and has branches across the United States.
There is an option in HSBC site to check their current mortgage rates. The information needed from the user is the state where the property is located.
California is a non recourse state for your first mortgage. Be aware any form of second mortgage you will still be liable for.You may also be liable on the first mortgage if you have refinanced your original purchase mortgage.
In almost every state, the answer is "NO".
Well Georgia is a Debt Deed state not a mortgage state. So if you have a debt deed to record you can do it at the clerk's office in the town , city or county where the property is located. Deeds will have to be filed there too.
It depends upon the terms of your lending/mortgage contract and the laws of the state in which the property is located. The simplest way to find out is to contact your mortgage holder.
There is an option in HSBC site to check their current mortgage rates. The information needed from the user is the state where the property is located.
California is a non recourse state for your first mortgage. Be aware any form of second mortgage you will still be liable for.You may also be liable on the first mortgage if you have refinanced your original purchase mortgage.
In almost every state, the answer is "NO".
Abbey Mortgage is a business located in Ocala, Florida. The company specializes in offering mortgage loans in the state of Florida. The company has been in business for 15 years.
Well Georgia is a Debt Deed state not a mortgage state. So if you have a debt deed to record you can do it at the clerk's office in the town , city or county where the property is located. Deeds will have to be filed there too.
It depends upon the terms of your lending/mortgage contract and the laws of the state in which the property is located. The simplest way to find out is to contact your mortgage holder.
Yes. If you do not pay the 2nd mortgage, you can lose your home in a foreclosure sale. The difference between the first and 2nd mortgage holder in that case varies according to the unit of government. The law in the United States is according to state law. At one time in this state, the first mortgage holder had certain rights concerning whether or not to foreclose. There was a time period when the first mortgage holder had the chance to try to sell the first mortgage or something like that. I have not kept up with all the changes in the law involving second mortgages. Still, when there is a foreclosure, the first mortgage holder gets paid off first. If there is anything left, the second mortgage holder gets paid. Some commercial property has as much as a fifth mortgage.
Mortgage Loan has an online tool that allows individuals to select their state to find out lowest refinance rates. It gives tips to finding the best refinance option, national refinance rates, and has a Best Mortgage Calculator.
Depends on the state. In many states the holder of the second mortgage can come after you for the balance due. If the second is from the same company that holds the first that may not be as likely. It really depends on your state and whether the lending institution has the right to pursue you for the balance between what they eventually sell the house for and what you owed. Check to see if your state is a deficiency state and then talk to an attorney.
That depends on your state. The laws for foreclosure are set by state. There are actually companies that will work with you for free to buy your mortgage away from your mortgage company and avoid your foreclosure. I would advise looking into this first.
For people 62 or older, a reverse mortgage can be a very good option. There are three different types of reverse mortgages. A single-purpose reverse mortgage is normally the least expensive option and is over seen by state and local government agencies. Federally-insured reverse mortgages can have high upfront costs. Proprietary reverse mortgages are provided by private companies that issue the loans.
The average mortgage rate is different for each state. Mortgage rates also vary based on the length of the mortgage and the person's credit score that is applying for the mortgage. To estimate the average mortgage rate for your state you could visit mortgagecalculator.org.