0
average mortgage is $225,000.00 with payments of $1780.00 principal & interest for a period of 30 years.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Does house insurance cover a mortgage if the holder dies?
NO Home Owners insue covers the Home. You might look to Mortgage Insurance for paying a mortgage.
What is the average home mortgage loan rate in WI?
The average mortgage loan rate in Wisconsin is around 4.49%. That is based on a 30 year fixed average. A 15 year fixed home mortgage loan average is around 3.65%.
How much does an average US home mortgage cost?
The average United States home mortgage will depend on the location, age and size of the house. In February 2013, the average house in the United States cost $152,000. As for the actual mortgage rate, that will depend on the length and type of mortgage one gets. On average, a 30 year fixed rate would be about 4.2%.
How would one explain a reverse home mortgage?
A reverse home mortgage is a loan for home owners or buyers, letting them access some of their homes equity. They can receive the mortgage principal in payments over their lifetime, as a lump sum, as a revolving line of credit, or a combination of the mentioned ways.
Who is the owner of a home if only one spouse signs the mortgage?
The owners of any property are the grantees listed on the current deed. The property may be subject to a mortgage if any owner granted a mortgage to a lender.
When was American Home Mortgage created?
American Home Mortgage was created in 1987.
Does house insurance cover a mortgage if the holder dies?
NO Home Owners insue covers the Home. You might look to Mortgage Insurance for paying a mortgage.
What is the average home mortgage loan rate in WI?
The average mortgage loan rate in Wisconsin is around 4.49%. That is based on a 30 year fixed average. A 15 year fixed home mortgage loan average is around 3.65%.
If the deed of the house is in your husbands and your name and you are paying the original owners mortgage what are your legal rights to the home?
You and your husband are the legal owners of the property but it is subject to the mortgage. If you default on the mortgage payments the bank can take possession of the property by foreclosure.
What does an FHA borrower's housing expense include?
You mortgage princple and interest, property taxes (city and stae if applicable), fha mortgage insurance, home owners insurance and any fees due for a community (home owners asociations).
Where can new home owners compare interest rates?
New home owners can compare interest rates on the following websites: Interest, Canstar, Your Mortgage, Rate City, Mortgage loan, HSH, SMH, Ratehub, Realtor, to name a few.
How do Native American look at Columbus?
On the light sideIf they knew then what they know now, probably the same way many American home owners look at the mortgage company rep. arriving in the driveway."honey, fetch me that shotgun!"
What is the average home mortgage in the Jacksonville area?
The average home mortgage rate in the jacksonville area is 3.9 . This comparing sevaral lenders in the are.most rates are between 3.3 to 3.975
If your mother is on the mortgage loan can you refinance the home in your name if you are on the deeds?
If you will still be an owner then you will also have to sign the mortgage.
Who is the CFO of American Home Mortgage Servicing Inc?
MarkZeidman
Will mortgage companies aid home owners when insurance company rejects claim after sewer collapse?
NO. The mortgage company does not warranty the purchased home. However, If you have acquired equity in the home you might be able to take an additional loan (second mortgage) on the equity to effect you repairs.
Who gets paid with a construction mortgage loan, the contractor or the home owner?
Construction mortgage loans are obtained by the home owners. Most of the funds are used to pay the contractor for the construction project though.
