NLIC.org

Jaime Said:

Am I getting the best Mortgage Rate?

We Answered:

5% down on an investment property with a 6.75% rate is very good.

Most banks would require 10% or more down, and anything less pushes rates much higher.

Investment property rates are usually at least .5% higher than owner-occupied. With 5% down, it could easily be 1% or more higher.

Take the deal and run. It's good.

Shawn Said:

I need to sell my ugly home FAST! Can anyone help!?

We Answered:

me and my family just went threw this ourself. It needed repairs like painting and carpet, we went with a real estate place - there not too expensive and its the best way too go. We had about 4 people expect it on the first day & by night time we had an offer and accepted it. We had just over two week's to get out, contact the lawyers that are handling your morgage case, ask them if u CAN sell - sometimes they wont let you. Also ask them if you sell in the next two week's do you have time to move out or do you have to be out by that day. Just clean your house from top to bottom then put it on the market asap and let the real estates handle it. Sometimes the real estates will actually buy the house from you and do it up and make it into a rental home.

best wishes

Gail Said:

In 2002, why did Bush order 440 BILLION in subprime loans from fannie mae/freddie mac?

We Answered:

Because the Tea Party only cares about their so called bogus "cause" when it's not a Republican. How many millions of republicans supported Bush during those times, how many republican politicians supported Bush during those times. All of a sudden, a democrat is in office and they've become a bunch of hypocrites that Id never respect. I'd never vote for a republican, they're all hypocrites