Question by Michael R: I recently started a new business venture as a loan officer, and hospital does anyone want to be my first customer?
Also if there are any questions about home finance that I can help you with, cialis 40mg I’d be happy to answer them.
Best answer:
Answer by Joseph T
I’d like to be your first customer, can you loan me $ 5? I am hungry.
Give your answer to this question below!
HARP 2.0 Program Allows Many Wisconsin Homeowners to Take Advantage of …
Waukesha, this WI — (SBWIRE) — 03/05/2013 — More people than ever with homes in distress are able to refinance under the HARP 2.0 program. This bodes well for homeowners looking to reduce their interest rates and lower their monthly mortgage payments.
If you would like more informaiton please visit here…
Not Harp 2 Eligible? Refinance Anyway
As consumers know, more about the Making Homes Affordable Program aka Harp 2 Refinance allows people to refinance so long as the loan is owned by Fannie Mae or Freddie Mac, with out any loan-to-value restriction. Consumers could also successfully refinance …
If you would like more informaiton please visit here…
Jumbo home loan business is booming
At least in the sector in which Redwood specializes: jumbo home loans, viagra generally over $ 625, search 000 in affluent areas, page that are not backed by federal agencies such as Fannie Mae, Freddie Mac and the Federal Housing Administration. In a letter to … Little …
If you would like more informaiton please visit here…
Westland seeks those in need of emergency home repairs
A homeowner with income at half the average median income for metro Detroit would be eligible for a zero interest loan. For a person, that means $ 22,550. Depending income level, the loan could be subject to 3 or 5 percent interest rates. “We used to …
More informaiton please visit here…
Issues in mortgage sale
Financial hardship: A consumer who enters into a home loan contract at a particular annual interest rate has no clue what the future has in store for him/her. Any change in their earning ability, interest rate and in real estate prices make homeowners …
More informaiton please visit here…
FHA Pullback Boosting Insurers Traders Left for Dead: Mortgages
Now, cost as FHA has raised premiums to help cover a $ 16.3 billion budget shortfall, insurers have made inroads into the market, increasing their share to 35 percent of policies in the fourth quarter, up from 26 percent in the first, according to Inside …
If you would like more informaiton please visit here…
New tool offers info on down payments
programs by city or address for publicly and privately funded assistance programs, including FHA/VA, HUD, affordable fixed-rate mortgages, rehab loans and more. Home buyers just need to enter basic information in the resource directory, such as where …
More informaiton please visit here…
Question by Leo: Is there any tax deduction for home loan in other countries ?
If a person carries a home loan in other country (other than US) is there any tax deduction(relief) given by IRS ? A part of his earning in US is being used to pay home loan EMI in other country.
Best answer:
Answer by Ken
Mortgage interest on a second home is deductible on schedule A as an itemized deduction, and even if the second home is located outside the U.S. However, if you reside in the U.S. and the lender is a foreign person/bank, then you are required to withhold 30% tax on the interest portion of the payments, unless a lower treaty rate applies. Depending on the jurisdiction, a treaty may apply to reduce or eliminate the withholding tax. However, if you want to rely on the treaty, you need to obtain a Form W-8BEN from the foreign lender where the lender certifies that it qualifies for treaty benefits. In either case, you will need to also file Form 1042 and 1042-S reporting that you made interest payments to foreign persons.
Add your own answer in the comments!
Verify out these mansion photos:
Frelinghuysen mansion
Image by Raela 9
Colonial Revival mansion at Frelinghuysen Arboretum, price Whippany, NJ, built in 1892 as a summer residence for attorney George Frelinghuysen and his wife Sarah. Their daughter Matilda bequeathed the house to Morris County upon her death in 1969. The grounds and gardens are open to the public the mansion now serves as the headquarters of the Morris County Park Commission.
If you would like to see much more homes click right here…
A couple of nice condominium images I discovered:
Newberry Plaza condominium tower
Image by UIC Digital Collections
Title: Newberry Plaza condominium tower
Creator: Gordon & Levin
Description: Photograph of the Newberry Plaza condominium tower for the duration of construction, ailment hunting west along Bellevue Location. The Newberry Plaza tower is situated at 1030 N. State Street.
Photograph credit: Brubaker, thumb C. William, visit 1972
Date: 1970-1974 1972
Geographic coverage: Near North Side (Chicago, Ill.) Gold Coast (Chicago, Ill.)
Collection: C. William Brubaker Collection (University of Illinois at Chicago)
Repository: University of Illinois at Chicago. Library. [Visual Resources].
Credit Line: Cite as [creator]. [title]. [file name]. [collection].
Rights: University of Illinois at Chicago College of Architecture and the Arts holds reproduction and licensing rights.
File Name: bru007_04_lF
For more images from the collection, pay a visit to collections.carli.illinois.edu/cdm4/index_uic_bru.php?CIS…
Click here to take the Library’s survey on its Flickr collections.
For far more homes click here…
The Crossings Condominiums Ann Arbor, MI
Image by Andypiper
The Crossings Condominiums. Situated north of downtown Ann Arbor. Stroll to U of M Central Campus, Health-related Campus and Med Centers It is about the corner from Kerrytown & Downtown Ann Arbor. Enjoy nearby Argo Park and Canoe Livery, Riverside & Fuller Parks, and the Huron River. This region is well-liked with residents, students and pros.
The Crossings of Ann Arbor function 1 and two-story condos with 800-1459 sq.ft., 1-2 bedrooms, 1-two.5 baths, and carport parking that offer you an economical housing option close to the U of M Health-related Campus.
Much more great houses click here…
Question by michael m: Does anybody know about a new law in Minnesota about getting rid of stated income mortgages?
My wife and I are going to be moving this summer in order to attend a nursing school in Northern Minnesota. The houses that are available in our price range are either money pits or just plain old nasty. So we have decided to build a small 1, drugs 400 sq. ft. house that is designed the way we want it and is clean (unlike the other houses in the area) anyway we have run into a problem. Because we are full time students the only mortgage we are able to get is a stated income mortgage, meaning we don’t have to prove that we are going to have steady incomes when we move. Well, I got a call from our mortgage lady last week and she said the Minnesota congress just voted to pass a law making these types of mortgages illegal. She said we need to close on a home soon before the Governor signs this into law in order to get anything. Does anybody know anything about this? How long after the Governer signs this will it take effect? Where could I call / write to get more info? Congressman?
Best answer:
Answer by Matt B
Having done a little research…it looks like this bill is a possibilty but far from definite.
The recent subprime market fallout moved mortgage lending to the forefront of the news lately.
Here is what the st. paul pioneer press stated,
” The primary Swanson-based bill, sponsored by Rep. Jim Davnie, DFL-Minneapolis, is too ambiguous and restrictive, Abed said.
The bill doesn’t make clear what is or is not suitable financing for an individual and would make it very difficult for brokers to make stated-income loans — loans, he said, that are appropriate when borrowers are self-employed or earn inconsistent commissions. Also, tightening up the 5 percent cap on all fees related to making a mortgage would make it almost impossible to write loans under $ 100,000, he said.
That also worries Lisamarie Sanchez Leadens, a Maple Grove broker who runs a school for mortgage brokers and bankers.
She worries that the bills would make home loans harder to get and cut off minority and low-income families from home ownership.”
Here are two links to articles:
http://www.care2.com/c2c/share/detail/329191
http://www.startribune.com/587/story/1068670.html
Give your answer to this question below!
Sequestration will force FHA to hit brakes on housing recovery
“Any decrease in the rate the FHA is able to ensure mortgages will clearly hurt housing.” The Senate Banking Committee will hold a hearing today in Washington on the agency where there will be “significant discussion about raising the FHA down payment …
More informaiton please visit here…
Ryan Budget 101: The 10 Worst Things About the House Republican Budget
This would hurt homebuyers because most analysts agree that without the government guarantee, recipe the 30-year fixed-rate mortgage will no longer be available. Moreover, about it it proposes fair value scoring for the Federal Housing Administration, or FHA, which …
More informaiton please visit here…
Question by Painted Jezebel: With all the relief efforts out there, buy are foreclosure rates actually dropping yet?
With programs out there like Hope Now and Neighborworks, click and so on, shouldn’t the foreclosure rates be slowing down? It doesn’t seem to be the case in my town, but what are the updated national numbers?
Best answer:
Answer by roadhunter
They are actually rising. No big national relief has been put into place yet. I hope it never is. People who borrowed 100% for their home, are on interest-only loans, or bought houses thinking they would explode in value are not my problem, and it sickens me to think my tax dollars will go to help them. I need my money to make my own house payment!
What do you think? Answer below!
Recent reports from realty-trac state a 3 percent decrease from the previous month but still a 53 percent increase from June 2007. The report also shows one in every 501 U.S. households received a foreclosure filing during the month. If you know anyone that is dealing with this issue, I would refer them to http://www.mydebt101.com , they dont advertise it but they do mortgage modifications and they helped my roomate make her current mortgage more affordable. Hope this info helps. I still foresee the housing crisis to persist for the next couple of years. Mckain and Obama are both pushing this issue and both back loan modifications… I wouldnt be surprised if it becomes mandatory for banks to adjust their outstanding loans.