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Can You Get Out Of A Mortgage Prepayment Penalty If You Have Military PCS Orders?

Question by Jared L | Posted in Renting & Real Estate

My spouse bought her condo before we were married. I now have Military PCS orders out of the state. She has a prepayment mulct on her mortgage that we would very much like to get out of so we can sell it or refinance. Her mortgage company is being

Answer: The asnwer is it depends... You necessary to find out if it is called a HARD prepayment penalty (PPP) or a SOFT prepayment mulct (PPP). Some lenders will alow to sell the home but not refinance it AKA Springlike prepayment penalty.

If the

 
 

How Do I Set Up My Mortgage Payment On A Military Allotment?

Question by bcyouletme | Posted in Personal Finance

I am potent duty and would like to have my mortgage payment taken directly from my paycheck...one less bill to have to pay. Can I do that online or do I have occasion for finance to do it? Also, what information would I need about my loan or from my

Answer: I'm an ex Bankroll and ACCOUNTING OFFICER and don't recommend ALLOTMENT for MORTGAGE purely bec your monthly MORTGAGE PAYMENT AMOUNT can diversify in later years as result of changes from PROPERTY TAX INCREASES and HOMEOWNER Assurance PREMIUMs going up.

 
 

Active Duty Military, Wanting To Lower Mortgage Payments?

Question by Les | Posted in Military

My helpmeet and I own a home back in the states. We purchased the home before coming abroad. We have been stationed in Italy now for the past year, and are having put out to rent or sell our home. We didn't own the home last to me enlisting in the Navy.

Answer: remorseful dude ... went through this myself once. there is nothing out there like that for service members, nothing i found and Ruler knows i looked. i would reccomend you sell it and try to break even on it.

legitimate luck

 
 

Military Mortgage Help?

Question by loke | Posted in Renting & Real Estate

anyone be acquainted with about a program that puts a freeze or discount on mortgages for the military? i have a mortgage in my name and married a soldier and relocated and we are stuggling to keep our relaxed.. need some advice! thanks

Answer: Have you contacted your lender speedily? That should be your first step. They most likely have a program in place to assist, since the last id they want is another foreclosure.

Related Topics:

Us Mortgage Market
American Mortgage Express
National Mortgage News

 
 

If My Husband Joins The Military Will They Pay My Existing Mortgage?

Question by Lisa B | Posted in Military

will the military pay my mortgage if my mute enlists

 

VA Loan Myth: All Lenders Understand the Military Mortgage Process

VA-fitting borrower Charles, a US Army Sergeant serving in Afghanistan, wants to use his trouper benefits to buy a house in the States but meets ...

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