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Questions and Articles

15 items

Are 2nd mortgage paid off?

A:
YES! In addition to negotiating to pay off the first mortgage, the 2nd mortgage including a HELOC (line of credit), third mortgages, etc., are also negotiated so long as they are tied to the property by a deed. ... more

Does the Mortgage Acceleration Plus System take into account if I am paid on a monthly, semi-monthly, weekly or bi-weekly basis?

A:
A. Individual homeowners pay schedules such as monthly, semi-monthly, weekly and bi-weekly and other are taken into account. The Mortgage Acceleration Plus System is programmed to take different pay schedules into account to operate at maximum effici ... more

Can I set up ongoing payments, like a loan or mortgage, to be paid automatically?

A:
Yes. With EmigrantOnline® you can set up repeating payments where the amount due is fixed. These include payments that are made weekly, bi-weekly, monthly, quarterly, semi-annually or annually. If you have an Emigrant mortgage, you just make the paym ... more

How do Mortgage Brokers get paid?

A:
Brokers typically get paid from the Bank that they sell your loan to. Brokers may also charge a fee to the consumer for their services. Scout Mortgage never does. ... more

When are taxes paid on Roth IRAs?

A:
- Taxes are never paid on the original contributions which are not tax deductible in the year of your contribution. Taxes must be paid on all withdrawal of earnings which have not remained for a period of five successive tax years. (For example, if a ... more

My loan is paid off with the mortgage companyHow do I receive my tax bill this year?

A:
IN WRITING, request a tax statement. Provide the tax account number, and the name and address of where you want the tax statement to be mailed. ... more

My mortgage company says they paid the County Tax in early July and it’s now early August. Why is the payment not showing on my account?

A:
Many of the mortgage companies outsource their tax paying process to a third party tax service bureau. Because the lenders must have their list of accounts to be paid and the funds deposited with the tax service by a specific date (usually early July ... more

My insurance premiums are paid by my mortgage company. Can I still shop for a better rate and change companies?

A:
Yes you can. You still have all the rights and privileges as if you had paid the premium directly yourself. Generally we will contact the mortgage company and determine the easiest way to make the change. ... more

What happens when the mortgage is paid off?

A:
A. An LDC is a not for profit corporation. When income exceeds expenses the BLDC will use that income to fund other local development projects in the Town of Bolton. Low interest loans for local businesses and funding expanded recreational opportunit ... more

My mortgage company says they paid the County in August and its now September. Why is the payment not showing on my account?

A:
Many of the mortgage companies outsource their tax paying process to a third party tax service bureau. Because the lenders must have their list of accounts to be paid and the funds deposited with the tax service by a specific date (usually, either in ... more
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