Mortgage Lending

Who Has My Mortgage

Your mortgage documents are set up to protect the mortgage company if you take your insurance rebuild money and disappear. In other words, your property and the house are the collateral for the loan; so if you cashed the insurance checks but did not rebuild, then the mortgage company would have a problem.

Whether you’ve got your eye on a frame two-flat in Lincoln Square. Cons It’s not possible to complete the entire mortgage process online. Offers mortgage loans nationwide, but has branches in only.

Our opinions are our own. NerdWallet has researched some of the best available national mortgage lenders offering 30-year fixed-rate loans, matched to your needs. The 30-year fixed-rate mortgage: It’s.

Use the "Extra payments" functionality of Bankrate’s mortgage calculator to find out how you can shorten your term and net big savings by paying extra money toward your loan’s principal each month.

My ex-wife was awarded the marital home in the divorce decree, but she has yet to remove my name from the mortgage and deed as required by the agreement. The mortgage company now says I cannot remove my name from the mortgage because my ex-wife cannot refinance the home alone.

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Your loan may have been sold, perhaps several times. And the company that you send your mortgage payments to (the servicer) might not own your mortgage. There are several reasons why you might need to know who holds your mortgage loan, or who services it. Here’s how to figure out who holds your mortgage.

You have the right to request that your servicer cancel PMI when you have reached the date when the principal balance of your mortgage is scheduled to fall to 80 percent of the original value of your home. This date should have been given to you in writing on a pmi disclosure form when you received your mortgage.

As a North Carolinian, you probably have firm ideas about which barbecue style is best. But when you shop for a mortgage, the options may leave you stumped. Will this be your first home? Do you want.

The mortgage provider was required under federal law to disclose to you during the mortgage application process whether or not your mortgage may be sold. 2. Selling mortgages is a very common practice and allows for more cash in the marketplace, so that lenders can make loans to more homebuyers.