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Financing in 91209 : Real Estate Advice

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Activity 3
Wed Nov 28, 2012
SERGEY FEDNOV *** 424-777-9377 answered:
The main difference is that FHA loan is insured by Federal Housing Administration. There for It has low downpayment and rates and at the same time it has higher underwriting requirements. ... more
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Wed Nov 28, 2012
Tim Moore answered:
You have to work the numbers to see how much savings vs how much to refi. My guess is it won't be worth it.
0 votes 10 answers Share Flag
Fri Jan 4, 2008
Christopher Walker answered:
A 1099 may now be a mute point since the Mortgage relief act of 2007:
Who would get it? It would be the mortgage holder as that person is still liable for the mortgage payments regardless of a quit claim. The quit claim deed does not relieve the mortgage holder of their financial responsibilities when it comes to the trust deed. ... more
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