Freddie Mac HARP Refinancing with Unlimited LTV Now Available

Posted on Mar 4, 2013 in HARP Refinance

income vs home loan
by micah rich

Question by Cooter: should I pay off the credit cards or the loans?
I am trying to buy a house. which is more beneficial to pay off first to qualify for the most money from the bank.
I have a couple car loans and a couple credit cards. Say I have a 5000$ credit card and a 5000$ car loan and I have the money to pay one off. Which one should I pay off the get the biggest home loan qualification.

Best answer:

Answer by lost
Pay off what ever has the highest intrest.

What do you think? Answer below!
30 and 15 Year Mortgage Rates at US Bankcorp
30 and 15 Year Mortgage Rates at US Bankcorp The best 30 year loans at US Bankcorp (NYSE:USB) are available starting at 3.625% today yielding an APR of 3.810%. The best 30 year FHA fixed rate loan interest rates are 3.625% at the bank yielding a bit …
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Mortgage Rates: Fourth Quarter Home Price Appreciation Best in Seven Years
Current FHA 30 year fixed mortgage rates are as low as 3.250%, treatment FHA 15 year fixed mortgage interest rates are as low as 3.125% and FHA 5/1 ARM loan rates are as low as 2.500%. Consumers who are looking to obtain an FHA loan should try to do so prior …
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Question by 123: How much will the monthly mortgage be, visit and start-up/closing costs?
175000 purchase price
2187.5 annual prop tax
fha 3.5% down
6125 down
=168875
6755/year interest
1756.3 deductible income (assuming 26% income tax rate)

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THANKS FOR YOU EXPERIENCED ADVISE!

Best answer:

Answer by Yirmiyahu
Principal & Interest = 805 / month
Taxes = 182 / month
Mortgage Insurance = 150 / month (FHA loans require this)
Homeowners Insurance = 50 / month
Earthquake Insurance = 50 / month

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Château Frontenac, more about Quebec City
chateau
Image by John F. T.
Château Frontenac

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Château de Pizay
chateau
Image by Olivier Bruchez
Château de Pizay, price Saint-Jean-d’Ardières, ailment France.

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Freddie Mac HARP Refinancing with Unlimited LTV Now Available
Unlimited LTV Freddie Mac HARP refinance through the Open Access Refinance Program is now available. HARP Open Access assists borrowers who are making timely mortgage payments, diagnosis but have been unable to refinance due to declining home values.
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HARP Refinancing: Eligible Underwater Borrowers are Saying 'No Thanks'
HARP, recipe which stands for Home Affordable Refinance Program, treatment was launched by the Obama Administration in 2009, but it didn't gain steam until spring of last year. The program kicked into high gear in May for borrowers whose mortgages are owned or …
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