my mortgage payment is too high

These retirees say: Pay off that mortgage before retiring. – I sent both my daughters to private high schools and colleges and at the same time maximize my 457 [retirement plan] and my wife’s 403(b). It’s not hard to pay yourself first and get rid of the.

Suffocating from my mortgage – a few suggestions to help. – Your mortgage lender will be more willing to work with you if your mortgage is in good standing, and missing payments is a sure fire way to hurt your credit standing. Second, call your mortgage lender and tell them your situation and that you’d like to work something out so you don’t have to default on your loan.

The Doctor Loan: My Experiences Buying and Building with. – If you’re looking for assistance finding a realtor and a great mortgage rate, my good friend dr. peter Kim, a.k.a. Passive Income MD, has a free concierge service you may want to look into. Curbside Real Estate works with a nationwide network of vetted realtors and lenders to simplify the home-buying experience for physicians.

Too Much House? | DaveRamsey.com – Too much of your income will be going out in payments, and it will put a strain on the rest of your budget. You wouldn’t be able to save and pay cash for furniture, cars and education. The point is your house payments shouldn’t take over your budget. Don’t let your mortgage payments cause you major stress every month for years and years to come.

Why Is My Mortgage Interest Rate Quote So High? – NerdWallet – Why Is My Mortgage Interest Rate Quote So High? Hal M. Bundrick, CFP. Sept. 14, 2015. Managing Your Mortgage, Mortgages.. Calculate your monthly mortgage payment. Credit score simulator.

government fha home loans HUD.gov / U.S. Department of Housing and Urban Development (HUD) – The Federal Housing Administration (FHA) – which is part of HUD – insures the loan, so your lender can offer you a better deal.. located in mobile home parks. Ask an FHA lender to tell you more about fha loan products. Find an FHA lender. Need advice?

My mortgage payments are still too high even af – Q&A – Avvo – Your paying 40% of your income to the lender (assuming the $3500 figure is gross monthly income). Assuming this, the monthly payment is too high. For example with the HAMP program, the guideline is 31% of your gross income.

5 Bad Reasons to Refinance Your Mortgage – Refinancing to score a lower interest rate and lower monthly mortgage payment. your loan term. If you’ve been paying on your 30-year mortgage for 10 years and refi into a new 30-year loan, you’ll.

Help! Our Mortgage Payment is Too High! – Your Family Finances – They have a 5.375% 15 year 1st mortgage which they owe about $158,000 on. The house is worth approximately $475,000- $525,000. So they have about $317,000 equity. Their monthly mortgage payment for principle, interest, taxes and Insurance (PITI) is about $3000.

how long does loan approval take How long does it take to get a mortgage pre-approval letter? – Barring interruptions, the process typically takes me about 45 minutes. Since a preapproval is an essential step in creating a new relationship, it gets a very high priority. There are situations where creating a preapproval takes longer.

Mortgage Questions: Are You House Poor? – The Balance – Mortgage Questions: Are You House poor? menu search Go. Go.. money to cover your expenses and save for the future because your mortgage payment is too big. Suddenly, you’re house poor.. be approximately 25% of your take-home pay, while others say you can go as high as 30% if you have no.