Question by james w: How often do mortgage comapnies use the 4506 t form to very info. Always or hardly ever when buying a home? If you provide the mortgage company with all the requested info do they typically follow up on that. Does it vary from company to company or is it a common [...]
Archive for May, 2010
How do you subordinate a second mortgage?
May 30th, 2010 admin
Question by Richi: How do you subordinate a second mortgage? I am trying to help my client refi his first mortgage, but in order to do that I have to subordinate his second mortgage. The lender that I’m trying to sub is Chase. Any help would be greatly appreciated. Best answer: Answer by Spock (rhp)you [...]
How does a mortgage holder get out of PMI payments on their mortgage loan?
May 30th, 2010 admin
Question by : How does a mortgage holder get out of PMI payments on their mortgage loan? Seems to me that PMI is very costly for the home owner, especially me with a perfect credit rating and new funding source to maintain a mortgage if I lose my job (my job is very secure). Please [...]
How to convince recruiters about a career change to Corporate Finance?
May 28th, 2010 admin
Question by Jenny S: How to convince recruiters about a career change to Corporate Finance? I am an Industrial engineer and want to make a move to Corporate Finance, one of the questions I get most often is why do I want to make such a career change and how I see myself fit into [...]
Can you get a mortgage after ALMOST foreclosing on your home?
May 28th, 2010 admin
Question by rpost52: Can you get a mortgage after ALMOST foreclosing on your home? I have a friend who got into some trouble paying his mortgage when his wife went on unpaid maternity leave. They got behind on their mortgage and ended up going into foreclosure on their house. They were able to scrape up [...]
What happens to the status of student loans if I transfer undergraduate schools?
May 28th, 2010 admin
Question by kasey weeks: What happens to the status of student loans if I transfer undergraduate schools? I just transferred undergraduate schools and still have some student loans from my previous school (Sallie Mae and Federal Direct loans). Is there some sort of clearing house that my new enrollment status will be sent to so [...]
How can I close a new credit card without effecting my credit?
May 27th, 2010 admin
Question by Lele44: How can I close a new credit card without effecting my credit? I got a new credit card in the mail through an airline. I didn’t know I was applying for a card, I thought I was joining the frequent flyer club. I have not activated the card. I thought about keeping [...]
How do I pay for textbooks with student loans?
May 26th, 2010 admin
Question by Elina: How do I pay for textbooks with student loans? I have recently accepted student loans. I am a transfer student( from community college to a state school). I have never taken out loans and I was just wondering how do I pay for textbooks? Do I give them my ID at the [...]
How does agricultural finance work in the US? Which organizations are involved?
May 26th, 2010 admin
Question by Rishabh Singla: How does agricultural finance work in the US? Which organizations are involved? I’m trying to understand how agricultural-finance works in the US, the companies/organizations involved in this, etc. Please help me develop a broad understanding of its structure, key organizations, etc. Thanks so much in advance! Best answer: Answer by Follow [...]
