Lending Information 4 You

crytle asked:


My husband and I are in the process of buying our first home. A realtor recommended a loan agency to us to get our pre-qualification letter. I can’t find any information on the internet about this company. She wants to meet with us tomorrow night (in her home I might add). I’m extremely leary just handing over all of my personal information to just anyone. My parents told me I need to just get my loan through a bank since chances are, they’ll buy the loan anyway, but my husband says that this woman will work just fine for us. (I think he is being a little naive about this though). How do you know if you’re working with a reputable lender or if I should get away before it’s too late? DOes it seem weird that she wants to meet with us in her home as opposed to an office? Is there anything I should keep an eye on or pertinent questions I should ask her during our meeting?
Please help!!

Lo asked:


I’m 20 years old turning 21 and I live with my parents. My girlfriend is 21 and she already has a child of her own. I have a job and I work at the hospital and my girlfriend also comes from a wealthy family, so money is not an issue. My parents on the other hand are both very religous and tend to think everything that happens now a days is crazy! Please I need help and support from anyone who can lend me information on how to break the news to my parents……please.

intotrashmail asked:


My parents are considering selling a valuable painting to avoid having to cover the insurance on it. I would prefer to keep it in the family — does anyone know about lending paintings to museums?

How it works and if they cover the insurance on them?

If not museums anyone know anything else on how to reduce these costs?

Thank You!!

Greasy Tony asked:


My parents are thinking of selling thier home and relocating. What are the risks as retired seniors with the bad stock and realestate market? With the tight lending standards, what are thier chances of even getting a loan at their age?

They have good credit and good equity in thier current home. But not too much income.