Large hike in escrow payment could be violation
Q I own a house worth approximately $400,000. The current mortgage is $25,000. A company in Florida took over the mortgage about six months ago. The mortgage company handles the tax and insurance payments through an escrow account. Given the current schedule of payments, the account will have [...]

Have a credit score of around 620-640. Past wage garnishment (a year ago) but paid off early. Past car repossession (reason for the garnishment.) Other small things charged-off. Only looking for a mortgage loan of $25K or less with $10K for down payment. With todays economy, is there any chance of finding a mortgage company? [...]

I was looking forward to buying this house that I had seen that seemed to be vacant and abandoned and had a small sticker on the door that said the owner had due payment to the mortgage company. Am I able to buy the house from the owner without having to pay whatever he had [...]

The mortgage company i have been refering has given me the option to do be a motgage officer for them and make commission of the loans as well as my commission on my sales. Can i do this?

Should I go through my bank (Chase), a local credit union, or a Mortgage company? Is there one that usually gives better rates than the others, or is it more of a go and see kind of thing?

a month ago i called my mortgage company to pay my account and they told me why my account was redeemed in full since then i have questioned them who paid it because it was not us and they have sent us the title deeds with there charge removed and a letter saying and i [...]

The mortgage company i’m dealing with now is really belligerent, unfriendly and unhelpful. They literally will not answer questions – they just tell me I need to re-read my loan agreement. I don’t qualify for a refinance, I just want to go my current loan amount to another company entirely. Can somebody [...]

I have been with the same mortgage company for nearly four years. I started with an adjustable mortgage. After two years the rates and payments shot up. I modified with them to a two year fixed. This expires in August. Last November, I filed a Chapter 13 bankruptcy, which includes the mortgage. My attorney says [...]

I have payed my mortgage late a few times two of which were 31 days late… I forgot! But, my mortgage broker is just waiting on my VOE from my current mortgage company to close on my refinance, but he said he talked to them and they said I haven’t made any late payments, and [...]

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