Posts Tagged ‘Mortgage’

 

What are the pros and cons of owner financing a home?

Tuesday, June 30th, 2009
xandres103 asked:


I have a home that I am interested in selling and am looking at various ways to entice buyers in this tough market. One option told to me was owner financing the property. What are the pros and cons as a person that would be financing my property? Also, what would be the difference if I still have a small mortgage on my property?
The property is in Pennsylvania.

Glen

 

How do student loans affect a mortgage applicaton?

Saturday, April 25th, 2009
LadyLiberty asked:


I have $60,000 in various student loans, but since consolidating my combined payment is only $300/month. I have no other debt. Do lenders view student loan debt differently due to the flexibility of the loans? Also, would they look more at the total amount of the debt or the monthly payment when determining the rate and loan amount?

Richard
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