Find the answers to your mortgage questions.
Bill receives a large number of mortgage questions from both first-time home buyers and veteran property owners. Securing a mortgage loan that has a low interest rate involves research, paperwork, and the right know-how. With the Bills.com Blog, you’ll have no trouble finding the information you need to secure a great mortgage loan. Browse through the list of frequently asked mortgage questions and find the answers to your mortgage questions.
Find and discuss the latest mortgage questions on the Bills.com Blog.
Which is better, a Fixed Rate Mortgage or an Adjustable Rate Mortgage?
Can I gift sale money to help my daughter buy a home? What is a wraparound mortgage?
I want a HELOC, to take cash out of my home's equity. Should I pay for an appraisal, after my bank did an automated appraisal that showed a lower value than my house is worth?
Can you help me find a second mortgage lender?
What are the expenses, fees and closing costs associated with securing a home equity debt consolidation loan?
Can I do a HARP refinance through Fannie Mae's Refi Plus automated system?
How does the mortgage underwriting and mortgage approval process work?
Do you guys like the Buffalo Bills and what are their chances this year?
I live in Illinois and have two properties In Florida. Should I do a loan modification, deed in lieu, or a short sale?
Is it possible to pay off a mortgage in one's lifetime? What happens to a property when a homeowner dies?
My mother conveyed her house to me 14 years ago and then took out a mortgage without my knowledge. Do I have liability?
How do we get proof our mortgage is paid to our lender Bank of America?
How important is LTV when shopping for a mortgage refinance?
Our home is worth a lot less than what we paid for it. Will we qualify for a 30-year fixed refinance?
I can't afford my second mortgage. What are my options for negotiating a settlement?
We want a HELOC or home improvement loan. What are our options?
Can a state intervene in the sale of my home and hold the funds?
I am current on my HELOC payments. Can my bank cancel my HELOC?
I want to improve my credit score, by being added to my spouse's mortgage. How can I do that?
I have three mortgages on two properties. Is now a good time to refinance my mortgages?
What is the form that is used when you are married, but purchase a home without the spouse being on the mortgage?
How do I find the right loan, if I am looking to refinance my VA loan?
Why did our bank send us an unsolicited offer for a mortgage refinance? How can we be sure it is not a sophisticated scam?
How can I negotiate with unreasonable mortgage creditors? Should I avoid foreclosure at all costs, and what happens if I don't?
We owe $1.2 million on a home worth half of that. What are our options if our mortgagee won't modify our loans?
Why can't banks or other financial institutions tell potential clients what are needed to get a loan before applying?
How do I know if the mobile home loan I was offered was a good one?
I do not want my house anymore. Will my bank buy it from me?
Do you have any tips on Mortgage Calculator help and where and how i can use a mortgage calculator?
How do I start a principal reduction with Saxon Mortgage Services?
I am applying for a mortgage and want to know what a debt to income ratio is, and what is my DTI number?
If I let my California home go into foreclosure, can the lender collect any deficiency balance from me?
Is my bank violating my HELOC contract by applying payments to late fees first and then the interest second?
I am having trouble deciding if I should sell my home or refinance my mortgage. What factors should weigh in my decision?
How can I tell if I am becoming involved in mortgage scam?
Is it smart to refinance a 5.25% 30-year loan to a 15-year loan at 4%?
Should one or both spouses be on a mortgage? What are the pros and cons of each approach?
Is Home Account the best way to shop for a mortgage loan online? What are the best online mortgage tools to get a refinance.
How do I start a short sale? If there is a deficiency balance, are my retirement savings at risk?
How long should it take to refinance a house?
If the assessed value of the property we bought is less than the price we paid, is that evidence of fraud?
I live in Wisconsin, and cannot afford my second mortgage. What are my options? Am I about to lose my house.
If I allow foreclosure, can I be thrown into jail for breaking my divorce agreement?
Can the holder of the junior deed of trust foreclose if the senior is current. What are the chances of that happening?
I am trying to sell my home in a short sale, but the buyer seems to be stringing me along. Should I file bankruptcy?
Which is better, refinancing my first mortgage or getting a home equity loan?
I have only a HELOC on my townhouse, but the balance is greater than the market value of the property. What are my options?
Is a mortgage escrow account for taxes and insurance required under RESPA?
I bought a second mortgage at a foreclosure sale, and now can't recoup my investment and cover the balance of the first.
If a house appraises for $26,000, but needs $25,000 in repairs, how much should I offer to buy it?