Monthly Payment Restriction

Author Message
Icon Mini Profile Sam
Sam
Site Admin


Joined: 21 May 2005

Posts: 281
Location: CALIFORNIA
117.49 Dollars($)
PostPosted: Tue Aug 16, 2005 2:34 am    Post subject: Monthly Payment Restriction

The loan program and the amount of loan requested by a borrower often depend on how much he wishes to pay as the monthly payment on his mortgage loan. This often depends on his financial status, his monthly expenses towards the payment of other debts like credit card bills and others. The borrower's credit status often restricts him to go for mortgage loans requiring high monthly payments. Such borrowers generally choose home loans with greater loan period so that he can reduce their monthly payments.

We have a vast database of lenders who provide a variety of loan programs keeping in mind the benefits of borrowers. They offer mortgages based on the needs of those who can afford to pay off high rate loans as well as those who can only spend a part of their income towards the monthly mortgage payments.
eric

Guest






PostPosted: Wed Apr 05, 2006 12:16 pm    Post subject: can you help me reduce my monthly house payment

MY CREDIT SCORE IS 530 CAN U HELP ME REDUCE MY HOUSE PYMT
Icon Mini Profile Samantha
Samantha
Community Mentor
Community Mentor


Joined: 16 Sep 2005

Posts: 1602
Location: MASSACHUSETTS
149.70 Dollars($)
PostPosted: Wed Apr 05, 2006 12:41 pm    Post subject:

Hi Eric,

Welcome to MortgageFit Forums.

Can you tell me why your score is so low? It is always difficult to get a good rate with a low score.

We do maintain a vast network of efficient lenders who can discuss with you about related issues and can help you with a suitable offer. As you know different lenders have different standards and one of them might find it convenient to deal with you.

For that you need to sign up here so that our loan department can contact you and help you in the best way possible.

Feel free to post if you have any more queries.

You are a valuable guest of us and we will try to help you in the best possible manner. As a friend, I shall also advice to give a little effort to improve your score. This will help you in the long run.

God bless you.

For Mortgagefit,
Samantha

_________________
Know how to compare lenders with mortgage booklet
Icon Mini Profile robertsali2001




Joined: 07 Apr 2006

Posts: 5

0.17 Dollars($)
PostPosted: Wed Apr 12, 2006 10:20 am    Post subject:

HI
God almighty bless you mortgage because i know that you have done a great work especually in community review.
if i get a mortagege loan home how long does it take me to cover the loan?
Icon Mini Profile robertsali2001




Joined: 07 Apr 2006

Posts: 5

0.17 Dollars($)
PostPosted: Wed Apr 12, 2006 10:23 am    Post subject: CREDIT

HI
My monthly credit is so low which i no longer want,what can i do to increase it?
Icon Mini Profile jameshogg
jameshogg



Joined: 20 Dec 2005

Posts: 4291
Location: nevada
509.34 Dollars($)
PostPosted: Wed Apr 12, 2006 10:43 am    Post subject:

Hi Robert,

If you are asking for a credit limit increase then maintaining a good standing with your existing accounts will help you to get a positive response on your request.

James
Icon Mini Profile Samantha
Samantha
Community Mentor
Community Mentor


Joined: 16 Sep 2005

Posts: 1602
Location: MASSACHUSETTS
149.70 Dollars($)
PostPosted: Wed Apr 12, 2006 10:54 am    Post subject:

Hi Robert,

Welcome to MortgageFit Forums.

Thanks for appreciating our effort. You are an honored member of here and we would be happy if we can help you in some manner.

For a mortgage loan normally the loan process takes from a few days to 45 or more days, right from application to closing. The variation depends on a number of factors.

Some of the factors include loan type, whether there is requirement for an appraisal, title clearance etc.

Sometimes delays are caused by some outside sources or in case the borrower doesn't provide the required documents in time.

Feel free to ask if you have more queries.

God bless you.

For MortgageFit,
Samantha
Icon Mini Profile jerry
jerry
Moderator


Joined: 17 Oct 2005



Posts: 1778
Location: MICHIGAN
266.05 Dollars($)
PostPosted: Wed Apr 12, 2006 7:21 pm    Post subject: RE:

It takes around 45 to 60 days from application till the closing of a loan.

Thanks,
Jerry
Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit Live Help

Explore the lender near you

Google Map Image

MF Talk



DebtConsolidationCare    Insurance community: We Make You Insurance Smart    CreditMagic: Helping you build up credit


We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0