Mortgages Home Loans – bankruptcy modification
answers to your mortgage loan questions
-
should I make advance payments on new mortgage loan?
Posted on December 12th, 2010 3 commentsadaviddiaz asked:
This is a new home loan if I pay advance payments will these extra payments give me an increase in interest to deduct. I am looking into way to pay les taxes and at the same time have peace of mind knowing my mortgage is paid a few months in advance. dose this make senseSensehow far in advance can I pay.
Troy -
Why do you need equity in your home to refinance your mortgage?
Posted on July 3rd, 2010 3 commentsDark Magician asked:
I understand equity is value you have built up in your home by making loan payments but why is it required to refinance? Is it because lenders want to see you are in the process of paying off the loan instead of simply refinancing frequently?Thanks
Darren




