When will my mortgage bank report foreclosure to the credit burreau/ credit history?
i haven’t payed my mortgage for 3 months. when will my mortgage bank report foreclosure or when will it show on my credit history?
i live in Pennsylvania. and the bank is Bank of America.
Thanks.
Posts Tagged ‘mortgage calculator’
When will my mortgage bank report foreclosure to the credit burreau/ credit history?
Wednesday, February 17th, 2010How much is this mortgage refinance for?
Wednesday, February 3rd, 2010Im looking for someone that has a mortgage calculator(not one of the online ones that calculate monthly payments). My parents are looking to refinance their home, and they were told a 10 year loan at 4.25% would have a monthly payment of around 618.00. There’s one problem with this- the loan was supposed to be for 68k, but when I plugged the numbers into a mortgage calculator online, it said the monthly payments should be almost 700.00 a month. I used to be a loan officer and had a mortgage calculator that could calculate this, but no longer have one. So what I need someone to tell me is, giving the numbers my parents were quoted, how much would that loan be for? Supposedly this is a fixed rate mortgage too. Thanks in advance for your help.
Oops, that was a typo. Should be 4.625%, not 4.25
Are lenders required to disclose Lender Paid Mortgage Insurance to borrowers?
Friday, December 11th, 2009I’ve recently tried to refinance through the HARP program and was told I could not because the company servicing the lender paid mortgage insurance on my loan does not participate in the HARP program. The issue is that I was never made aware that my loan had mortgage insurance. I’ve done research and found that The Homeowners Protection Act requires that lenders disclose LPMI. Is this the case? And, if so, what are my options?
Can mortgage lender take it upon themselves to pay your property taxes?
Friday, November 27th, 2009If you don’t have an escrow account and you are 6 months behind on your property tax payment, by law you have 5 years before the tax collector could foreclose for taxes due, but can the mortgage company step in and pay the amount and charge for past due and one year in advance raising your mortgage payment a lot.