Tag Archives: Mortgage Bank

No Fee Mortgage Plus from Bank of America. how come?

fire f asked: i’ve talked to two loan officers regarding this loan and they both offered the 80/20 or 80/15/5 — i can put 5% down. both discouraged me to avail of the no fee mortgage plus. any input? i … Continue reading

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The Basics Of Home Equity Loans

David Gass asked: While on the look out for your dream home, you might have come across the terms “equity” and “home equity loans.” Below is an explanation to help you understand these terms.What Is Equity?Suppose the value of your … Continue reading

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How do I get out of a negative home equity situation with EMC Mortgage and 5/3 Bank?

LifeSaver asked: I tried to re-finance my 1st and 2nd mortgage with these two banks and was not successful due to owing more on my mortgages than my house is worth (& high credit card debt of about $25K). My … Continue reading

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