If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting! BilliMac.com Mortgage Question Of The Week Visit http://www.BilliMac.com for more information! Question by John D: PMT function in excel? How does the PMT function in excel actually calculate the payments? I understand how to use the PMT function, I have =PMT(Annual Rate,Term in years,Amount) But what calculations does excel actually do to come up with the answer? Annual interest rate is 3.50% Term in years=4 Amount=$ 105,000 Thanks Best answer: Answer by J PetersThere are more inputs to the… Read Article →

Video Rating: 0 / 5 Question by sunshine: what type of insurance company buys your mortgage and lets you stay and rent? a person is terminally ill and can’t pay his mortgage payments. he has equity and will sell to company at price owed. upon his death the insurance company owns the deed. Best answer: Answer by Gorilla MikeI have never heard of that. You might find a private party that would do that, it sounds like a very good deal for the buyer. Just place an ad, and contact a lawyer. You will get… Read Article →

http://LeahCoss.ca Hi everyone, it’s Leah Cross with the Mortgage Centre. I wanted to talk about amortization. We’re at 2011 right now and it wasn’t that lon… Question by lester: what is a minors mortgage? I work in the mortgage biz in Louisiana, and ran across this on title as a lien. What is a minors mortgage? Best answer: Answer by Mary BMinors is probably the name of the mortgage company. Know better? Leave your own answer in the comments! Related Get A Mortgage Articles

CLICK HERE: http://mywebinformer.com/reducemtg Mortgage Loan Modification Get Your Mortgage Loan Modification Today. You can get a mortgage rate reduction th… Video Rating: 0 / 5 Question by zee: what is the exact difference between “lien”, “mortgage”, “pledge”, “hypothecation” we read and see all these terms almost daily but i wonder do we understand them in their exact context? In which law they fall? Best answer: Answer by SAWGIRLHypothecation is when someone pledges to repay a creditor without delivering over a mortgage, stocks. Pledge to deliver a solemn promise or agreement to repay the debt incurred…. Read Article →

http://LeahCoss.ca Hi, everyone. How are you? It’s Leah Coss with The Mortgage Centre. And there’s many of you coming to me these days. Now that you’re start… Video Rating: 5 / 5 Question by Kenneth G. Houdek, n.e. IL.,USA: What is a foreclosure? I never owned any house/property on this planet. Some parts of my life I can’t remember.I don’t know if I’ve lived anywhere else but Earth. Best answer: Answer by en tu cabezaHave you owned houses on other planets? Know better? Leave your own answer in the comments!

Many Canadians find themselves bogged down with a bad credit rating for the wrong reason — illness, losing a job, or simply not understanding consumer credi… Video Rating: 0 / 5 Question by The Expert: I just bought a foreclosed home? I just put a bid on for a foreclosed home and now I am needing a bank to mortage it. Anyone know of any bank that does loans for forclosed mobile homes? Best answer: Answer by Cathi KMobile home loans (unless a really new one) are personal property loans not real estate. Most banks… Read Article →

Before Looking at a Toronto Condo, Make sure you have a mortgage pre-approval. Video Rating: 0 / 5 Question by 5zerocool: What’s up with everyone being rich? I feel like in the past couple of years a large number of people have suddenly become rich. With so many high-end cars, retail shops, and expensive restaurants around. Is everyone drowning in debt or am I just out of the loop? Best answer: Answer by wkevincDrowning in debt. Inflation adjusted real wages are actually down. Know better? Leave your own answer in the comments! More Get A… Read Article →

http://cgutierrez1.blogspot.com/2012/03/expert-advice-for-buyers-sellers-and…. – So many people today have no idea whether they can afford a house and if t… Video Rating: 5 / 5 Question by crlsylvester: how does forclosure work? Best answer: Answer by Martha PForeclosure is the legal proceeding in which a bank or other secured creditor sells or repossesses a parcel of real property (immovable property) due to the owner’s failure to comply with an agreement between the lender and borrower called a “mortgage” or “deed of trust”. Commonly, the violation of the mortgage is a default in payment of a promissory note,… Read Article →

This video is on public records and how they can affect you getting a mortgage. Video Rating: 0 / 5 Question by Mikki: How does a mortgage work? I know its something like a monthly payment. But I’ve heard things like ‘taking out a mortgage and not being able to afford it’ or ‘taking out a $ 1 million mortgage’. What does taking out a certain amount of money mortgage do? Could someone explain to me? BTW I’m only 15 I’m not worrying about taking out a mortgage yet just curious… doesn’t help, WTH IS… Read Article →

“To read the whole article, visit: http://findmortgageloansforbadcredit.com/can-i-get-a-mortgage-with-bad-credit/ Can I Get a Mortgage With Bad Credit? A hug… Question by StephanieM: Am i elidgable to a business loan or line of credit if my personal credit is no good but i have great income? I want to get a loan for my business, around 50K i form of a mortgage. but my credit stinks, and my company is too young to have a good business credit. however, since it was founded in 2008, it made almost a million dollars; and everyone tell me that now that… Read Article →

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