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Can you borrow more from a mortgage lender than the asking value of the property?

December 09th, 2009
kdjohnskjohns asked:


A mortgage company want’s to finance just enough for the purchase the home. Is that standard practice or not?

Rosemarie

Filed under: Community Service | Tags: ,
December 09th, 2009 22:42:04

Can you borrow more from a mortgage lender than the asking value of the property?

August 18th, 2009
kdjohnskjohns asked:


A mortgage company want’s to finance just enough for the purchase the home. Is that standard practice or not?

Edwardo

Filed under: Community Service | Tags: ,
August 18th, 2009 14:51:52

Which bank do you recommend for home mortgages?

April 11th, 2009
asefs f asked:


I am about to buy a new home and was wondering about which bank to go to for home mortgages. Credit is okay but not perfect. Any recommendations for a trustworthy, reputable but fair mortgage lender?

Estella

Filed under: Renting & Real Estate | Tags: ,
April 11th, 2009 21:51:37

If my mortgage lender goes bankrupt is it possible that I could buy back my own note for less?

April 04th, 2009
Goldy asked:


I know that the normal course of action is for those notes to be sold to another lender for a large discount but is it possible to benfit as an individual for the decreased value of my mortgage lenders asset?

Cosmetics and Skin Care

Filed under: Renting & Real Estate | Tags: ,
April 04th, 2009 16:16:40

How is Freddie Mac different as a mortgage lender than traditional lenders?

February 20th, 2009
binaryalgorithm asked:


I see that Freddie Mac is a government-sponsored mortgage lender and promotes safe and responsible borrowing. Has anyone had experiences with them? Would I be more likely to be able to qualify for a house with them? Are there certain reasons for choosing them vs. traditional lenders?

Cash Saving Deal

Filed under: Personal Finance | Tags: ,
February 20th, 2009 19:29:16