Month: September 2007

Help Mortgage lenders!! I am suppose to close on a house today!?

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I was suppose to close on a loan today at 3pm and the loan officer calls me up last night at 6 pm and said that she didnt factor in the right amount on the real estate taxes, PMI, and house insurance. Now the payment she quoted us from the beginning and what was on the Good Faith Estimate has jumped $300

Can insurance on a house be in someone elses name along with yours to make premium cheaper??

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Me & my husband are buying a house and found out today that if you have a bankruptcy that this affects you premium costs. So, I was wondering if my dad could put the insurance in his name and list me & my husband as well but use his name for the credit check, etc