 Welcome to The Mortgage Advice Forums, where borrowers get fast answers and free advice from a Certified Mortgage Planning Specialist (CMPS) |
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| Welcome to the Welcome to The Mortgage Advice Forums, where borrowers get fast answers and free advice from a Certified Mortgage Planning Specialist (CMPS). |
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In the News
This section of the forum will link you to the most recent news stories related to the mortgage industry in the United States
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Post your thoughts, comments, questions, and/or links to stories that could help someone avoid mortgage pitfalls. If you copy and paste a story, please be sure to give credit to the author or source.
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02-03-2012 07:12 PM
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Tools
Need to know how to find a reputable mortgage professional, use a mortgage calculator, or view short educational videos on a variety of mortgage subjects? If so, this is your area.
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Are you new to a web based forum such as this and have questions about how to do something or use it? Please post your questions and comments here.
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01-14-2012 04:57 PM
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Want to know how you can find a reputable and knowledgeable mortgage professional? This is the place to look.
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10-27-2010 11:14 AM
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Follow these links to a variety of mortgage calculators...
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10-23-2007 02:50 PM
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This forum has links to a variety of short videos on a variety of mortgage subjects for educational purposes.
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Types of Mortgage Loans
Please post your questions or comments in the specific category of loan type below.
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This forum is to discuss issues or topics related to mortgage acceleration products such as bi-weekly mortgages, money merge accounts, etc.
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07-14-2011 11:28 PM
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Alt-A loans are typically reduced documentation loans for people with good credit. These loans may have features such as stated income, stated assets, or even no documentation required. Other types include no income documentation, etc.
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06-30-2009 03:17 AM
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Questions about ARMs? Please ask your question or post your thoughts here.
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09-01-2011 11:37 PM
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If you are in need of bridge or temporary financing and have questions or comments related to these issues, please post in this section of the forum.
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07-29-2011 03:34 PM
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Do you have questions about using a buydown strategy to purchase or refinance your property? Ask those questions here.
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07-09-2011 07:36 PM
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This section of the forum is to discuss issues or topics related to commercial mortgage financing.
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01-05-2012 05:23 PM
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Do you have questions or issues related to construction lending? Please post in this section.
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10-20-2010 10:05 AM
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This category is for the typical consumer with average plus credit who is able to fully document their income and assets.
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01-06-2012 07:22 AM
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10-21-2011 08:05 AM
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Please post your questions or comments regarding home equity lines of credit to this forum. HELOCs are typically revolving lines of credit that require interest-only repayment.
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02-03-2012 12:35 PM
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This category is for the posting of questions and comments regarding interest-only first mortgage loans.
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07-23-2011 09:12 AM
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Currently, the conforming loan limit for a single family residence is $417,000; therefore loans greater than this amount cannot be sold to Fannie Mae or Freddie Mac on the secondary market and are therefore known as "jumbo" mortgages.
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02-11-2008 11:52 AM
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Questions about the hot topic of reverse mortgages? Please ask your questions or post your thoughts here.
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05-22-2011 07:58 AM
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This category is for closed-end second mortgages with fully-amortized payments.
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08-24-2011 09:09 PM
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Subprime loans are typically for people with credit problems who cannot qualify for traditional A-paper financing. Please ask your subprime questions here.
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10-17-2011 08:44 AM
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The Anatomy of Your Mortgage
This forum is to discuss the different parts that make up a mortgage payment including principal, interest rates, property taxes, homeowners insurance, and PMI (private mortgage insurance). Additionally, we cover the closing costs associated with your mortgage.
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What should you pay? How do you know when something is excessive? How do you determine what costs are real and what isn't? What is the difference between closing costs and prepaids?
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09-18-2009 04:09 PM
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Homeowners Insurance is also known as hazard insurance and covers your property from things such as fire, storm damage, earthquakes, etc.
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01-14-2012 12:22 PM
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Questions about what direction rates are headed and why? Should you consider locking or floating based upon current market conditions? This category is not to be used for commercial purposes and anyone quoting interest rates will be permanently banned.
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02-02-2012 10:29 AM
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Questions about PMI or options to PMI? This is the place for issues related to Private Mortgage Insurance (PMI).
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02-01-2011 08:21 AM
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Principal is the portion of each mortgage payment you make that reduces the loan balance and, hopefully, increases the equity in your property. Post your questions about the principal portion of your mortgage here.
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01-01-2010 06:18 PM
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This section is for general property tax questions. PLEASE VISIT THE STATE SPECIFIC AREA OF THE FORUM FOR QUESTIONS RELATED TO STATE SPECIFIC ISSUES. Even if you don't have a mortgage chances are you're still paying property taxes on your home. Please post your property tax related questions here.
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03-01-2010 07:17 AM
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Topical Discussions
This section is for important topics that affect your mortgage or ability to get a mortage such as credit, using your mortgage as an investment, etc.
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Questions about how a Chapter 7 or Chapter 13 can affect your mortgage? Please post your questions here.
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02-03-2012 10:21 AM
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This section is for discussions of credit and issues related to credit that can affect your ability to qualify for a mortgage.
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07-20-2011 06:19 PM
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Questions related to the issues create by divorce or legal separation? Please ask your questions related to this topic in this forum.
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12-20-2011 10:52 PM
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Use this forum to discuss issues related to foreclosures of a home.
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01-20-2012 09:28 AM
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Need to discuss the many problems and issues related to getting a loan over the internet? This is the place to discuss these topics.
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02-14-2011 04:12 PM
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Prepay or invest? Should I put more money down or invest it elsewhere? Using your mortgage as a tool to finance a college education? Talk about these topics here.
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07-13-2011 04:08 AM
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Have questions or stories about loan modification? Please post those in this section but put the scam posts in that section.
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12-01-2010 09:04 PM
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Do you have questions related to whether or not you should refinance your current mortgage? How can you determine if refinancing makes sense? Please post your questions related to this topic here.
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01-03-2012 08:27 AM
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This forum is to discuss topics about the Real Estate Settlement Procedures Act, aka RESPA.
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02-27-2008 07:54 AM
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Do you have questions related to retirement and your mortgage? Please ask these questions here.
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05-07-2010 03:25 PM
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Do you have questions or issues related to the servicing of your mortgage? If so, please post questions and comments here.
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02-03-2012 10:51 AM
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Do you know how to go about shopping for a mortgage the right way? Are you confused about differences in closing costs, loan programs, or interest rates? Post your questions regarding this topic here.
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09-20-2011 01:52 PM
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Have a question about a short sale or the short sale process, post it here.
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01-31-2012 10:32 PM
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This forum is for the discussion of tax issues related to mortgage financing. Please note that this forum is NOT FOR PROPERTY TAX issues which have their own forum.
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01-14-2012 12:25 PM
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Mortgage Fraud, Scams, and Advertising...
This area is for issues on a NATIONAL basis only. If you have similar issues related to the STATE you live in, please chose the STATE forums. You can ask questions or make posts regarding mortgage scams and misleading advertising. Have you read a story that could help someone avoid a trap? Does something sound too good to be true? Help us help others!
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Please post your questions, comments, and concerns regarding direct mail pieces from mortgage companies.
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Do you suspect mortgage fraud or have questions about what is legal and what is not? Please post your comments related to these issues here.
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02-08-2010 04:52 AM
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Questions, comments, or concerns over something you've seen in print, heard on TV or the radio? Post your thoughts here.
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Real Estate Topics
This forum covers the topics related to your real estate such as the appraisal and title insurance as well as using mortgage financing to buy and sell a home. It also included various types of properties for which one may obtain a mortgage.
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Do you have questions or comments specifically related to the appraisal of your property? Please post those topics here.
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06-27-2009 05:11 PM
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This forum is for questions related to building or buying new construction
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04-28-2010 01:03 PM
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This forum is for the purchase or refinance of these property types. Please post your questions related to these properties here.
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01-23-2012 08:11 PM
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Do you have issues related to mortgage foreclosure or are you going through one? Need advice on purchasing foreclosed properties?
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08-08-2011 07:13 PM
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Looking to buy or refinance a home (1-4 family residence)? This is the place for your questions or comments.
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10-18-2011 04:29 PM
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Do you need information related to mortgage financing and remodeling your home? This is the place for topics related to this issue.
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01-09-2008 06:30 PM
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Did you know that using unique mortgage strategies can actually assist you in selling your home? Ask your questions related to this topic here.
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12-20-2009 11:22 PM
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This category is for questions and comments related to title insurance issues including liens and encumbrences and their ability to effect mortgage financing.
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08-15-2011 12:45 PM
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Questions or comments related to vacation or second home? Ask your questions here.
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| What's Going On? |
Currently Active Users: 38 (0 members and 38 guests)
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Most users ever online was 279, 07-06-2011 at 08:48 AM.
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Welcome to The Mortgage Advice Forums, where borrowers get fast answers and free advice from a Certified Mortgage Planning Specialist (CMPS) Statistics
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Threads: 4,025,
Posts: 4,842,
Members: 1,067
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