Can anyone tell me why it took almost 10 years, and 6 or more service tranfers to find this out??

Credit, mortgage, finances, loans

The mortgage business isn’t what it was; and I want to change job markets (I wanted to go into foreclosures; I’ve tried for 10 months). If the NYSE hits 13000, interest rates will be through the roof. Imagine what that will do to real estate market. I’m told I would be great at sales (I don’t talk a lot and HATE real estate sales); I think the health care market is the safest. In the last 10 years it has grown about 15 to 29% each year, and set to grow even more the next ten years. I’m getting old; well a 15 yr old considers me old. I don’t know what to do and I need your help…!

Health Care Industry, Finance (Securities), Car Sales, Start my business. WHAT

Signed Terrified.

I have 10+ years in automotive finance. I am looking into "Net Branch" opportunities. I have a good grasp on the finance process, but I feel like this can’t be as easy as it appears. What am I "Not" being told by these brokerages?

Say someone were to get an Adjustable Rate Mortgage, locked in for 10 years (of a 30 year mortgage) at an rate of %5.125, what happens after 10 years? What are your options? I’m not sure how this works. Any help would be appreciated. Thanks!!!

I need a licensing bond for my mortgage broker license, but my credit is destroyed due to divorce. Can anyone help me? All answers appreciated! I have 10-years of experience in the industry, and have been licensed in FL since 2000. Am currently a licensed loan officer, so I have experience, just lousy credit and no assets.

If I can’t file another bankruptcy for 10 years, why would I be considered a bad risk to finance a home? Bankruptcy does not prove that a person can not manage money. They may have had lots of medical bills that were impossible to pay. I have no debt at this time and am looking for a mortgage company that will consider me. I am looking at a home that is very cheap where I can pay for it only making minimum wage. Anyone have a suggestion?

I want to do a 10/1 30 year adjustable rate mortgage. It is my understanding that the rate will remain the same for the 1st 10 years then adjust. Is this accurate, or can my rate change before the 10 years and if my rate remains the same, does that mean that my monthly payment will remain the same for 10 years, aside from tax and PMI increases?

With mortgage rates on the rise, is it prudent to pursue ANY type of adjustable rate mortgage (ARM) at this time? Or should home buyers be scrambling to lock in fixed rates?

In a simple world, I’d consider this question to be a slam dunk, until you factor in the various ARM options available on the market (1, 3, 5, 7, 10). The questions is essentially, is it possible to pick an ARM with a front-end period (where the rate stays fixed) that essentially "jumps" over the upcoming rate spike?

Naturally, we’re talking about rational home buyer options, NOT interest-free or 40-year loans.
For the record, the ARM options I was considering were 7/1 and 10/1. Because the first 7 (or 10) years are fixed, I would have assumed both to be a viable option. My thinking was that you’d basically be gambling that rates would be better in 7 or 10 years than they are right now. Is a decade of high rates really a possibility?

I paid tax on all my income when I rented my house out about 10 years ago (in the UK). Someone has now told me that I could have deducted my mortgage payments off the total income figure and therefore pay less tax.

a) Is this right? and,
b) If yes, do I have any chance of getting it back as it was so long ago?

Thanks for your thoughts.