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The eligibility requirements for obtaining a no-cost mortgage loan typically include having a good credit score, stable income, and meeting the lender's debt-to-income ratio. Additionally, you may need to provide proof of employment, assets, and a down payment.

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5mo ago

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What are the options for obtaining the lowest cost mortgage refinance?

The options for obtaining the lowest cost mortgage refinance include comparing rates from multiple lenders, negotiating fees, improving credit score, and considering government programs or incentives.


Where could one get advice on obtaining a closing figure for a mortgage?

If someone is looking for advice on obtaining a closing cost figure for a mortgage, they could use a closing cost calculator which can be found on Yahoo to estimate the closing costs. The calculator takes into account all of the finer details of getting a mortgage and figuring out the closing costs.


Can you deduct points on a refinance?

No, you cannot deduct points on a refinance as they are considered a cost of obtaining a mortgage and are not tax-deductible.


What is the cost associated with obtaining a mortgage pre-approval?

The cost of obtaining a mortgage pre-approval typically ranges from 0 to 500, depending on the lender. Some lenders may charge a fee for credit checks or application processing. It's important to shop around and compare offers to find the best deal.


What kind of companies offer new mortgage rates for Christians?

Companies do not base eligibility for new mortgage rates on religious affiliation, but rather on the borrowers gross monthly income, credit history, the cost of the potential property, and other factors. Therefore, if they qualify, a Christian may receive new mortgage rates from any bank or financial institution that offers such services.

Related Questions

What are the options for obtaining the lowest cost mortgage refinance?

The options for obtaining the lowest cost mortgage refinance include comparing rates from multiple lenders, negotiating fees, improving credit score, and considering government programs or incentives.


Where could one get advice on obtaining a closing figure for a mortgage?

If someone is looking for advice on obtaining a closing cost figure for a mortgage, they could use a closing cost calculator which can be found on Yahoo to estimate the closing costs. The calculator takes into account all of the finer details of getting a mortgage and figuring out the closing costs.


What are the advantages of no cost mortgage?

The main advantages of obtaining a no cost mortgage is that one would not have to pay a monthly fee for the service. The downside of such an offer is that these costs will most likely to added to the interest rate.


Can you deduct points on a refinance?

No, you cannot deduct points on a refinance as they are considered a cost of obtaining a mortgage and are not tax-deductible.


What is the cost associated with obtaining a mortgage pre-approval?

The cost of obtaining a mortgage pre-approval typically ranges from 0 to 500, depending on the lender. Some lenders may charge a fee for credit checks or application processing. It's important to shop around and compare offers to find the best deal.


What is the cost of obtaining a Colombian passport?

The cost of obtaining a Colombian passport is approximately 145 USD.


What kind of companies offer new mortgage rates for Christians?

Companies do not base eligibility for new mortgage rates on religious affiliation, but rather on the borrowers gross monthly income, credit history, the cost of the potential property, and other factors. Therefore, if they qualify, a Christian may receive new mortgage rates from any bank or financial institution that offers such services.


What is the cost of obtaining a USPS fingerprint for background checks?

The cost of obtaining a USPS fingerprint for background checks is 17.25.


How would someone calculate the cost of a second mortgage?

One can calculate the cost of a second mortgage by going to the website 'MortgageCalculator'. Here one can find information about achieving a second mortgage and use the calculator to calculate the cost of a second mortgage.


What is the purpose of MPI mortgage insurance and how does it impact the overall cost of a mortgage?

The purpose of MPI mortgage insurance is to protect the lender in case the borrower defaults on the loan. It impacts the overall cost of a mortgage by adding an extra cost to the monthly payments, making the mortgage more expensive for the borrower.


Do you need to get an appraisal for home mortgage refinancing?

Every lender sets the standards and requirements for its various mortgage instruments. Whether you need another appraisal depends on many factors, including when the most recent appraisal was done. Your best bet is to check with the lender for these requirements. The cost of an appraisal is likely built into the closing costs.


What is the cost of an appraisal to remove PMI from my mortgage?

The cost of an appraisal to remove PMI from your mortgage typically ranges from 300 to 500.