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New Mortgage Lenders

Alice Said:

How long does a New York Mortgage Lender usually give on their foreclosure notices for owners can pay/leave?

We Answered:

It would be the same time frames for a non paying tenant eviction, as you are considered a tenant once the sale is final.

http://www.forecloseddreams.com/new-york…
http://www.entrusthome.com/39-stop-forec…

Betty Said:

We changed mortgage lenders and now our 1st lender will not release our FHA loan # to the new lender. Help?

We Answered:

I've seen this happen a few times and there isn't much you can do about it. Go down to the office of the old loan broke and try and change his mind. If that doesn't work see if you can get the new broker to agree to give the old broker some of the commission when your deal closes.

Ricardo Said:

know of a good mortgage lender in new york?

We Answered:

If you are not impressed with the first 2 quotes you have, get a couple more. Ask family, friends, co-workers, etc... who they have used in the past and how their experiences with those companies were. Look up the companies on the bbb.org or ripoffreport.com to see if there have been any complaints against the companies that you are considering doing business with. Once you get to the point of having 4 or 5 quotes you should have a fairly good idea as to how much everything is going to cost you. If one quote of the bunch is way less than everyone else, then chances are they are just trying to get you interested and then the numbers will change in the end. Best of luck and if you need a reliable person in New York I do have some colleagues in the mortgage industry that do a great job in the state of New York. If interested email my email in my profile.

Vicki Said:

i have a loan secured on my house,will i have a problem changing to a new mortgage lender?

We Answered:

When you refinance, the loan will have to be paid off by the new mortgage. Your new mortgage will go up by the amount it takes to off this debt, plus any costs of the refinance. If the value of your current mortgage plus this loan add up to more than the value of the house, you may not be able to refinance.

Virginia Said:

Getting a New Mortgage with Same Lender?

We Answered:

There is more than one lender out there. If your current lender won't refinance your existing loan for you in order to get a lower interest rate, pick up the local phone book and do a little shopping for a new loan at a better interest rate.

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