Chateau de Chillon II

Question by Andrew R: How much mortgage payment are they qualified for?
Pete and Pam want to purchase a new home but don’t know how much mortgage they can qualify for. The lender requires total installment loan payments not exceed 32% of gross monthly income. Based on Pete and Pam’s financial data below, illness pill what is the maximum monthly mortgage payment for which they can qualify?

Monthly Gross Income
$ 5, illness 000
Car payment
400
Student loan payment
300
Current rent payment
1,000

Options:
$ 1,700

$ 1,600

$ 900

$ 600

$ 500

Best answer:

Answer by bdancer222
32% of monthly gross income would be $ 1600. But that would really stretch Pete and Pam’s budget. They would be smarter to stay under 25% of their monthly gross income. That way they’d have some wiggle room when all the extra expenses of owning a home hit them.

Know better? Leave your own answer in the comments!

Some cool mansion pictures:

Mansion Property, treat Acacia Hall across the Darent

Image by kenjonbro
The classical Grade II listed Mansion Property now identified as Acacia Hall was built on land originally granted to Michael de Wallensi in 1261. Right now this historic mansion with nine acres of landscaped gardens on the banks of the River Darent has been licensed to carry out civil wedding ceremonies.

Far more wonderful homes click here…

Mansion Residence, more about Kennington, SE11

Image by Ewan-M
A closed pub, possibly undergoing refurbishment. The Old Red Lion is next door to the correct of this photo.

Address: 46 Kennington Park Road.
Former Name(s): The Mansion Property Stores.
Owner: Shepherd Neame (former).
Links:
Fancyapint
Beer in the Evening
Dead Pubs (history)

For a lot more houses click right here…

Mansion’s Window

Image by Leo Chimaera
Gorgeous window on striking blue wall of an old Chinese mansion in Penang, Malaysia.

If you would like to see much more homes click here…
FHA In 2013 : New FHA Mortgage Insurance Premiums, website New MIP Cancellation …
The future of FHA lending may look very different from today with stricter guidelines, viagra order tougher loan terms, and an increase to FHA mortgage insurance premiums. The FHA has put its plan to paper. For this year's home buyers and would-be refinancing …
If you would like more informaiton please visit here…

Take Root South Florida Initiative Addresses Foreclosure Prevention and …
Take Root South Florida is designed to be a valuable resource that provides free or low-cost, information pills reliable and trustworthy assistance to help you purchase a new home or keep your current home. … The program kicked off last year in Palm Beach County (West …
If you would like more informaiton please visit here…

Journal: feds may expand mortgage refinance program
The government has a program that helps struggling homeowners refinance their mortgages, symptoms but a number of criteria must be met in order to participate. For example, your loan must be owned by Fannie Mae or Freddie Mac … Fannie and Freddie's Home …
If you would like more informaiton please visit here…

Question by A Family Man: How do I deal with bank to lower down my mortgage?
I heard someone really got a deal with bank to lower down their mortgage by 15%.

Best answer:

Answer by Missy
Do you mean the interest rate? Shop around and see who has the better deal. If you find someone with a better deal than your current bank, this talk to your bank’s manager and see if he/she can match it.

Give your answer to this question below!

A few nice chateau pictures I identified:

Château de Konopišt?

Image by Michel27
2011-09-08-16h44b – Château de Konopišt?
– Le château de Konopišt? est dans les environs de Benešov, rx à 50 kilomètres au sud de Prague
– Province : Bohême Centrale
– République tchèque

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Château de Fléville (France – Lorraine – 54)

Image by michellefouineur
Façade, this site partie gauche, avec la tour carrée de l’ancien château.

For a lot more houses click here…

Question by Roadfuzzz: Can a second mortgage be refinanced?
I have a mortgage and a second mortgage with the same lender. The two of them put together put me upside down on my home, pharmacy so refinancing both wouldn’t happen.

The question is, buy to take advantage of today’s good rates, can I just refinance the second mortgage since it’s considerably less than the worth of my home? Are there any mortgage rules or anything else that would prevent me from doing so?

Best answer:

Answer by Glenn S
FHA, FreddieMac and FannieMae have special programs for refi’s for people in your situation. You can even be slightly upside down to be able to get these loans.

125% Refinance Home Loan Program (HARP Program)
In an effort to slow the trend of mortgage defaults and foreclosures, the federal government enacted the Home Affordable Refinance Act, which is designed to provide 125% home loans to borrowers refinancing with a home loan backed by Fannie Mae or Freddie Mac.

Refinancing under the 125% home loan program provides an opportunity for homeowners with negative equity to reduce their mortgage rate with a home loan up to 125% loan to value. The catch is that the 125% loan qualifying guidelines are strict and good credit is required.

I’d call your lender and see what they can do. Also call a few other lenders and see if they can help you.

Add your own answer in the comments!

A couple of nice chateau pictures I located:

Chateau Laurier & Canal

Image by Rob Dupuis
Chateau Laurier &amp Canal in Ottawa

If you would like to see far more houses click here…

Château de Fléville (France – Lorraine – 54)

Image by michellefouineur
Façade, there partie gauche, story avec la tour carrée de l’ancien château.

If you would like to see far more properties click here…

Chateau St-Maire in Lausanne

Image by edwin.11
Chateau St-Maire in Lausanne

If you would like to see a lot more properties click right here…

Check out these chateau pictures:

Chateau de Chillon II

Image by pictureshots
Chateau de Chillon, cialis 40mg Chillon, see Montreaux

Much more great homes click right here…

Château de Boisbonnard

Image by epeigne37
Château on edge of Villeperdue, clinic Indre et Loire. Built in 14th and 16th centuries.
@ all rights reserved.

If you would like to see more properties click right here…