Posts Tagged ‘Loan Value’

Mortgage Refinancing: Points or No Points?

Louie Latour asked: If you are in the market for a new mortgage, one decision you will be faced with is whether or not you should pay points at closing. There are situations where paying discount points up front can save you money over the life of your mortgage. Here is what you need to [...]

What would happen with my house if I stop paying the second mortgage which I can’t afford?

Yovany asked: I can only afford to pay my first mortgage and I can’t refinance the loan because of the decreased home value and bad credit.MALCOLM