what ct. banks include closing cost in mortgage?
598860
Check out ING via their website ingdirect.com.  I have an account with them and last week they sent me a notice that their mortgage product will cover the closing cost for loans that are below a certain amount.  Other than that, you can get a bunch of information at bankrate.com as well.
418660
That is about right, but look for a little more than 10K. It varys from state to state, and from bank to bank. Don't be afraid to ask your lender. Infact, when you get prequalified they should give you an estimate on your closing costs including home inspections and other misc things.
510658
Raise the purchase price of the house by 15%. Write up the sales contract for the asking price plus the 15%, then in the purchase contact indicate that the seller will be doing a 15% second mortgage, you will have to include terms and monthly payment and supply that info to your bank because he will include the new payment in your monthly debt ratio (DTI). After close you have the seller hand you a satisfaction of lien document. You take that down to the court house in the county where you live and remove the second lien on the property. So how this works is the following:\n\nAppraisal = $120,000\nAsking price = $100,000\n15% of asking price = $15,000\nNew Purchase Price = $115,000\nBank loan (85% of purchase price) = $97,750\nseller second = $17,250\n\nYou can move the purchase price around if needed, you may want to also consider raising the purchase price enough to have the seller pay the closing costs as well! \n\nGood luck...
15592
Are you talking about CDs, Money Market, Savings, Mortgage?\n\nYou can check bankrate.com\nYou can select the link that says "Compare ??? in my area", it will allow you to enter in your state and city. Replace ??? with Savings, mortgage, etc
470879
Points, mortage interest and real estate taxes are deductible and should be reported to you by your mortgage company.\n\nFees such as document processing fees are not deductible, but you are able to add them to your basis if you have a capital gain on the sale of your house.  I would not worry too much about computing the basis of your house purchase(since there is a 250/500 K exclusion), but I would keep the documentation so I had it just in case you need to compute it.\n\nHOA fees might be included in your closing costs and are never deductible(or added to the deduction) because it is an expense for your benefit.
1065748
Basically you add a certain amount to the mortgage that you want to use for the closing costs, say $5,000.  This $5,000 is then given to the seller by the bank which they then give to you to use for the closing costs.  You are basically financing this additional amount with the bank.  There are limits on how much you can do this for and the bank must allow it but most do.  If you make an offer of $205,000 with $5,000 of sellers assistance your offer is really $200,000 for the house.  I do not believe this money can be used for the downpayment because you have to have the downpayment with you at the settlement before the seller can give you the seller's assistance amount back.
426934
Rates are based on a number of factors like your income, debt load and credit history.  I had a good experience with CTX Mortgage after being jerked around by a bank.  CTX Mortgage does it's own loans so they can often do bigger ratios than banks will.  We did mine so I didn't have to do PMI and I just think they did an awesome job for me.
314926
I got an equity line of credit through my current lender and there were no closing costs or appraisals.  It was fast and free, basically.  I have a $49,000 line of credit and just use it like a checkbook if I need it.
947035
http://www.agentdirectory.net/\n\nInfo about how to choose\nhttp://theory.lcs.mit.edu/theory-seminars/2005fa/docs/80-20-Mortgage.html\n\nCalifornia Banks\n\n    * American Continental Bank\n    * American Premier Bank *\n    * Bank of the Orient\n    * Bank of the West\n    * California Bank & Trust *\n    * Cathay Bank\n    * Citibank (West), FSB\n    * Downey Savings and Loan *\n    * East West Bank\n    * EverTrust Bank *\n    * Far East National Bank\n    * Farmers and Merchants Bank of Long Beach *\n    * Fireside Bank *\n    * First Federal Bank of California *\n    * First General Bank\n    * Golden Security Bank\n    * Guaranty Bank of California\n    * Hamni Bank *\n    * HSBC\n    * Imperial Capital Bank *\n    * IndyMac Bank\n    * ITLA Capital Corporation\n    * Los Angeles National Bank\n    * Omni Bank (California)\n    * Preferred Bank *\n    * Tomato Bank *\n    * Union Bank of California\n    * United Commercial Bank\n    * Universal Bank\n    * Wells Fargo\n    * World Savings Bank (acquired by Wachovia) *
453687
If at all possible get a fixed rate. When considering a bank(or any entity) for your mortgage the rate should not be the only consideration. There are a number of fees, some normal some junk, that are added to the cost of the loan. Compare and make a judgment based on all the factors.
317877
I would check the 5 largest banks in your area.  The word broker just means 3rd party.  A 3rd party gets compensation straight out of your pocket for doing any service for you.  If you have reasonable credit a bank cuts out the middle person and your costs will be at the min.  \n\nCheck www.bankrate.com for rates\n\nSome tips:\n\nGo for a fixed rate because adjustable rates are rising fast they will steadily rise.  \n\nPay no points and/or no origination fees.  \n\nNo pre-payment penalties\n\nStick with a Bank or credit union.\n\nIf you see a mortgage broker they tend to always say oh the rate JUST went up.  I wouldn't try it.
827433
I will assume most everything ...but exculding some banks....\nr u from CT aswell!?
692752
COE = Close of Escrow\n\nPOC = Paid Outside of Closing
279641
The mortgage lender will not provide an attorney for you.  If there is an attorney at the closing, be assured that unless you signed a retainer agreement hiring that attorney to represent you, that attorney is representing someone else.\n\nThe answer to whether you need an attorney is "it depends."  (Sorry, but true.)  If you are questioning ANYTHING about the transaction, I would advise hiring an attorney for a flat fee (as opposed to an hourly rate) to review the paperwork prior to closing (if it's a basic buyer/seller transaction, reviewing the paperwork should not take more than a couple of hours, at most) and possibly accompany you to the closing.  Again, if it is a simple transaction, the closing should not take longer than a half-hour or so.  You can very likely get legal representation for that amount of time (two hours to review documents, plus accompanying you t the closing) for around $1000.00 or so.  It seems like a lot of money, but considering what you're paying for your home, I think it would be a good investment.
1149432
Most mortgage companies would like to see approximately 20% of what the home costs. For example 100,000 cape cod at 123 main st will require 20,000. However, at the same time if you do not have  those fund you may purchase what is referred to as PMI (private mortgage insurance). the borrower can pay a yearly rate for the insurance or lump sum at the house closing.
1177499
You can always negotiate mortgage terms.  Origination and interest rate are negotiable.  Remeber that the loan broker has a family and a job as well.  On that note if they wish to continue to do buisness it is in their best interest to take care of you.  Origination points are not the only area of concern.  Title companies overcharge at times as well and less shopping is done for them.  There are sometimes junk fees on the loan as well.  If you want me to look at it (licensed mortgage broker) I will.  I have nothing to lose if you are not in a state I do buisness and if I am I will walk through the shopping process.  Smart customers always shop but you need to know what to look for.  Let me know.
125788
Are you a mortgage broker?  I would check out RegionalMortgages.com  Its an informational site about mortgages and loans.  They also have a national directory of local lenders.  You should get registered in the directory.