Q&A: how much should refinancing a convectional mortage cost?

Question by grannygremlin7: how much should refinancing a convectional mortage cost?
How much profit should the lender typically make to close the mortage agreement?


Best answer:

Answer by jpr302001
The one time I refinanced, it didn't cost anything. In fact, I got money back. (Refund on PMI).

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Can US Life Insurance cover Foreign National?

Question by soe: Can US Life Insurance cover Foreign National?
I am a foreign national living in the US. If I buy Life/Term insurance in the US, am I going to be covered if something happen in or outside the US?


Best answer:

Answer by mbrcatz
As long as you're honest on the application, it should.

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How can I refinance my college school loans?

Question by JKP0011: How can I refinance my college school loans?
Actually it's my girlfriend who needs her college loans refinanced. They're about 60 thousand. Shes paying over $ 500 a month for her loan, and some of my friends have the same if not more of a total loan amount and they are paying hundreds of dollars lower a month. How can she get her loan refinanced to get a lower payment? Is this possible? Her current loan is through a company named Sallie Mae.


Best answer:

Answer by bcyouletme
She can try. You can consolidate loans together so the amount doesn't change but the monthly payments are lower. Depending when she got them, my rate is around 3%, though I know they are higher now. You can't really refinance a student loan. Have her call Sallie Mae or try Nelnet as well.

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If banks in the U.S. start to faulter, what does that mean for homeowner who have loans with that bank?

Question by Roderick T: If banks in the U.S. start to faulter, what does that mean for homeowner who have loans with that bank?



Best answer:

Answer by Ed Atun
Perfect timing for your question. IndyMac Bank in California was closed yesterday. One of the biggest mortgage holders in the USA. You are supposed to keep making your payments. The FDIC is actually staffing the building to keep the paper moving.

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