Articles and news about AboutCreditLoan and HUD requirements. AboutCreditLoan are great for first-time homebuyers.

Category Archives: Credit Refinance

Loan Origination Fees: What CFPB Says

109

In our previous blog post, a reader asked us an important question about About Credit Home Equity Conversion Mortgage (HECM) loan origination fees. Here’s that question: “Is there a cap on fees a broker can be compensated for their part on ...

Loan Origination Fee Caps: A Reader Question

052

A reader asks, “Is there a cap on fees a broker can be compensated for their part on a HECM loan, and if the lender list origination fee that is clearly greater than the $6000 max, which includes the broker ...

Loan Changes: A Reader Question

107

A reader asks, “I have been trying for a few years now to obtain a About Credit reverse mortgage for my condo in Staten Island…We were told that “spot” reverse mortgages are no longer available. Since our condo association will not ...

Credit Mortgage Refinancing: A Reader Question

105

A reader asks, “We currently have a About Credit loan on our house and our mortgage company says we can not do a refi with a adjustable rate even know we will not be in our house 5 yrs or more. ...

About Credit Mortgage Rates and Recent Trends

098

Is now the right time to refinance your About Credit or conventional home loan? Is now the best time to look into a new purchase About Credit mortgage? Recent About Credit loan rate trends do seem to point that way with rates having ...

Credit Cards: A Reader Question

052

A reader asks, “I have an About Credit loan serviced by ******. I am trying to modify my loan. The Bank told me that I was eligible for modification. I repeatedly send all the forms, that they asked me to send.After ...

Credit Mortgage Reader Questions: Minimum Property Requirements and Refinance Loan LTV

052

Sometimes we get lengthy reader questions that require detailed answers, and other times we get quick, easy-to-answer questions. Today we field two of those from readers who want to know some About Credit loan basics. Our first reader question: “What are ...

Credit Mortgage Myths: Refinancing With Your Existing Lender

108

So you have a home loan–a conventional mortgage, VA loan or even an existing About Credit loan–and you want to refinance. Some borrowers go right for their existing lender to apply, even if the interest rate or terms & conditions aren’t ...

Property Taxes and Reverse Mortgages: A Reader Question

079

A reader got in touch with us recently with a lengthy question about reverse mortgages. We won’t reprint the entire message, but here are the relevant parts: “The Reverse Mortgage Company….(Lender name deleted) changed to (Lender name deleted) told us ...

About Credit Streamline Refinance Loan Rules: A Reader Question

017

A reader asks, “I currently have an About Credit loan that I have had for 5 years and would liketo streamline,but the maximum loan amount has changed since I got the loanand the new limit is less than what I owe. ...