Monday, January 30, 2017

Can I use the VA loan in conjunction with an FHA?


I have a home that I bought with the VA loan but I want to buy another home and rent out my current one. Can I use the FHA to buy my second home?

Read more: Can I use the VA loan in conjunction with an FHA?

Friday, January 27, 2017

Who thinks that vice president Mike Pence would make a good President?


Who thinks that vice president Mike Pence would make a good President?

Read more: Who thinks that vice president Mike Pence would make a good President?

I heard that you can't get a home loan if you have received a refund on your last tax returns. Is it true?


Please explain if you know more.

Bonus: What do banks consider when you apply for a loan?
Do they take recent pay stubs into account, or just tax return documents?

Read more: I heard that you can't get a home loan if you have received a refund on your last tax returns. Is it true?

Thursday, January 26, 2017

Buying a car from a dealership with interest?


nd say the length of the term is 36 months what will be the final buy it now price if the car is 8k and i put 3500$ down?

To make this easier since i suck at explaining things I'm about to be purchasing a vehicle.priced at about 7 to 8k. If i agree to a loan term of 36 months could i come back one year later and pay it off and if so would the price be with the interest of the 36 months or less?

Please help I'm breaking my brain over th

Read more: Buying a car from a dealership with interest?

So is nothing George W Bush's fault anymore now that Donald Trump is in the White House?


All the stuff that happened on Obama's watch: $19 trillion national debt, over 18 million Americans unemployed, 50 million Americans on food stamps, race relations have been set back 50 years ago, Has Prices and Oil Prices went up under Obama than it was before he took office, ISIS gained power in Iraq, and Syria, Assad used WMD on his own people, refugee crises from the Middle East, Russia invaded Ukraine, China built their military in the South China Sea making more islands, North Korea has been acting more belligerent than ever. But none of its Obama's fault and it's all Bush's fault, wait now it's Trump's fault because he just took office, right?

Read more: So is nothing George W Bush's fault anymore now that Donald Trump is in the White House?

Wednesday, January 25, 2017

Can my mortgage company Secure my house if I am not yet in foreclosure?


This summer I had found out that I was being medically discharged from the military. I had talked to the mortgage company right away to see about the process to ensure that I was able to make payments once I was unemployed. Staying wasn't an option for my family.

After months of dealing with the mortgage company, zero progress had been made and they kept turning me in circles. I am still unemployed, and not able to keep up with my mortgage payments. I have been trying to shortsale the house, but that has taken me months to get them to do all the hardship packets and everything, and my realtors are biting at the bit for them to approve our shortsale request.

Here's where my question comes into play. Today I received a notice from my security company that someone was breaking into the house. Cops went out and found a third party contractor company claiming they were winterizing the home. Later turns out they had forcibly entered the home through my back window and according to my security system, tampered with the main security box.

I called the mortgage company, and they claimed that since I currently do not live in the home they do not have to notify me if they send contractors out, and that they have the right to enter and secure the home.

I verified with them that I am not in foreclosure at this time, and they hadn't approved my shortsale request either. Im confused on how the company can do this if the home isn't abandoned, and not being foreclosed on yet?
Added (1). Already looked into the service member relief act, and I do not qualify due to the home being purchased during service.

Read more: Can my mortgage company Secure my house if I am not yet in foreclosure?

Tuesday, January 24, 2017

Do Americans pay off their homes?


Hi I'm confused? I a new generation inmigrant in the US (legal), and I see most people are paying 30 year mortgages.

My question is, don't people ever pay off those loans, and then when paid in full and die, inherit the one or two kids and generate wealth? Or why does it seem that every new generation of Americans is living day to day instead of inheriting this type of wealth from generations in this country?

I'm confused.

Read more: Do Americans pay off their homes?

Sunday, January 22, 2017

Should I go to university of Phoenix?

So here is my dilemma I have the capability to earn alot my resume is strong. I have worked some bad *** projects and some very advanced equipment. I have made 90k all without a degree in a year. I however had to do this while leaving my wife and kids behind. I can't handle it anymore so for the past year I have taken about a 65k paycut. I have the gi bill and I don't believe any degree will increase my income. However the post 9/11 gi bill pays my mortgage and then some plus I still want to work full time. I personally think degrees are over rated since I make a $1 more an hour than engineers who have a house worth of debt. So should use my gi bill for university of Phoenix. Also bonus info the school is literally 200 ft. From my work and 8mi. From my house.

Read more: Should I go to university of Phoenix?

Monday, January 16, 2017

What happens to Rent money in apartments?


So just gotta question about renting apartments. I know like for most places, at the 1st of every month, rent is due. But my question is: What do landlords do with all the rent money from all the people who live there? Do they just put it in their pockets and keep it? Where does all that money go to anyways?

Read more: What happens to Rent money in apartments?

How exciting does this job sound…Mortgage Loan Document Specialist?


How exciting does this job sound…Mortgage Loan Document Specialist?

Read more: How exciting does this job sound…Mortgage Loan Document Specialist?