Ask Bill a Mortgage Question

What is a 30yr. fixed and what is 7yr ARM

What is a 30yr fix loan and what is 7yr ARm loan?

I am in a lease to own deal, and my payments are rising and I can't buy it. Help!

I am in the middle of a bad deal. the house I am in right now i was suppose to be buying.now they say i can't. Told me house has to go in someone else name, my credit is only 596 and payments will be from 975 to 1675.

Is there such a mortgage called a bi-weekly mortgage where you pay half of your monthly mortgage amount every two weeks?

Is there such a mortgage called a bi-weekly mortgage where you pay half of your monthly mortgage amount every two weeks? I heard the benefit of this mortgage is that you can cut the life of the loan by several years. Is this true?

What impacts my PMI?

Can you give me examples of what impacts my PMI or mortgage insurance rates? And, does my credit score impact my PMI rate?

Why is my pay off more than the original principal

How, with bad credit, do I work toward securing a mortgage?

How, with bad credit, do I work toward securing a mortgage?

What is the most effective strategy to reduce Average Daily Balance on a second mortgage loan of $25,000?

What is the most effective strategy to reduce Average Daily Balance on a 2nd mortgage loan of $25000?

Can you sell your home if you have a loan secured on it, if you intend to pay it off at the end of the sale?

Can you sell your home if you have a loan secured on it, if you intend to pay it off at the end of the sale?

How long after you purchase a home do you accrue equity in the home?

I am wondering if I can get a townhouse or 3-bedroom apt with bad credit? If so, how?

I am wondering if I can get a townhouse or 3-bedroom apt with bad credit? If so, how?