Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions…
Q. I currently have a 20-year loan with 12 1/2 years remaining, owing $77,000. on a single-family home in Brea worth around $375,000. The existing interest [...]
Hard to justify re-fi when you owe very little is a post from: Mortgage Insider
Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions…
Q. I am in my early 20s and have been at my current job for 3 years now. I make $57,500 a year plus bonuses (usually [...]
Cash is the limiting factor with this loan is a post from: Mortgage Insider
This summer’s bout of falling mortgage rates has sparked yet another frenzy of homeowners looking to refinance their loans.
Now could be a good time to do it, too, with interest rates at their lowest in decades — lower than in 2001, lower than in 2003 and even lower than in 2004, when we last told [...]
Thinking of a refi? Tips for borrowers is a post from: Mortgage Insider
Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions…
Q. My wife and I are both employed. Combined income is under $150, 000. We bought a house in June ‘07 for $1.1 million. The [...]
Reduce principle if you can in these tough times is a post from: Mortgage Insider
Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions…
Q. My son would like to refinance his loan on an attached home. He has about $225,000 equity in the home. Wells Fargo has refused to [...]
It’s not about common sense; it’s about qualifying is a post from: Mortgage Insider
Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions…
Q. I have a question about a second home:
I purchased a second home (condo) in 2001 with an interest rate of 5.9%, and currently have a [...]
Refinancing: Yes, jump on it is a post from: Mortgage Insider
Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions…
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Q. Today’s fixed loan rates are spectacular! I am a 41-year-old woman with a FICO score above 750. I have no debt and make $120,000 a [...]
Trying to dodge bullet before it comes is a post from: Mortgage Insider
Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions…
Q. I am in desperate need of help! My husband passed away on May 23, 2008. I was able to make my mortgage payments up until [...]
Widow wants to keep her home is a post from: Mortgage Insider
Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions…
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Q. My husband and I live in south Orange County and had a first mortgage with Taylor, Bean & Whitaker for about four years. Then last [...]
Expect more from new loan servicing company is a post from: Mortgage Insider
Randy Johnson, president of Independence Mortgage Co. in Newport Beach, author of “How to Save Thousands of Dollars on Your Home Mortgage” and a mortgage broker since 1983, answers questions…
Q. Just wanted some advice on what are our options as far as lowering the monthly payments of $1,846 on our current home mortgage of 6.25% [...]
A lot of ‘moving parts’ to this mortgage is a post from: Mortgage Insider
