Zillow Advice RSS: Question-Discussion-Guide,Mortgage,Mission- San Francisco- CA http://www.zillow.com/advice/Mission-San-Francisco-CA/mortgage/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate What can I do to get more (or better) quotes for my loan request ZR-VQWLVBL? http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-VQWLVBL/482167/ Hello, <br/>I purchased my home in 2012 with my roommate for 1,01 million in SF. Turns out that it is not working. I would like to refinance the 1st mortgage for 618k and the HELOC for 130k. I would need to pay him back his down payment of 100k on top of that, so I am hoping the house could appraise for 1.1 million. I currently make 115k and have a little over 25% in equity in the house. Credit score of 750. Is this possible with a 5/1ARM? I plan to take roommate to help with the expense around the house but i do not that this is not factored in. Thank you!<br \><br \>2 replies Sun, 10 Mar 2013 17:11:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-VQWLVBL/482167/ 2013-03-10T17:11:00Z Will MHA refi those who can pay their current mortgage & have low DTI & just want a lower payment ? http://www.zillow.com/advice-thread/Will-MHA-refi-those-who-can-pay-their-current-mortgage-have-low-DTI-just-want-a-lower-payment/232850/ Will Making Home Affordable help those who can afford their current <a href="http://www.zillow.com/mortgage/">mortgages</a> on their residence ?<br/><br/>Will MHA include or exclude rental income&amp;units in multi-unit residences towards DTI calculations ? <br/><br/>I have 2 mortgages ($535k @ 5.625% &amp; $215k @ 7.375% = $750k @ 6.14%) on my residence duplex &amp; my total payments with prop tax &amp; insurance = $5,600. Plus there's a $400 401k <a href="http://www.zillow.com/mortgage/">loan</a> payment to myself for part of the down payment.<br/><br/>My monthly gross income is $12,500 &amp; the rental unit here gets $2,145.<br/>If in the best case for me MHA excludes rental income but includes rental units &amp; 401k <a href="http://www.zillow.com/mortgage/">loans</a> to self then my DTI ratio is 6000/12500 = 0.48 . <br/><br/>If in an almost as good case for me MHA includes rental income &amp; rental units &amp; 401k loans to self then my DTI ratio is 6000/(12500+2145) = 0.40 . <br/><br/>If in the worst case for me MHA excludes rental income &amp; rental units &amp; 401k loans then my DTI ratio is (5600 / 2 units) / 12500 = 0.22. <br/><br/>Even though I can make my current payments I'm having difficulty refinancing due to the size of the loans &amp; having below 25% or even 20% equity currently.<br/><br/>Is MHA going to help me to refinance or are my payments considered too manageable ?<br \><br \>2 replies Fri, 08 May 2009 18:53:00 GMT http://www.zillow.com/advice-thread/Will-MHA-refi-those-who-can-pay-their-current-mortgage-have-low-DTI-just-want-a-lower-payment/232850/ 2009-05-08T18:53:00Z What is the current rates ...? http://www.zillow.com/advice-thread/What-is-the-current-rates/215777/ What are the current rates for a Jumbo 30 yr fix mortgage?<br/><br/>Jen<br/><br \><br \>2 replies Thu, 26 Mar 2009 21:04:00 GMT http://www.zillow.com/advice-thread/What-is-the-current-rates/215777/ 2009-03-26T21:04:00Z Why are my quotes for jumbo? http://www.zillow.com/advice-thread/Why-are-my-quotes-for-jumbo/215815/ I requested a quote for a &lt;$729k <a href="http://www.zillow.com/mortgage/">mortgage</a> in San Francisco, but the majority (not all) of <a href="http://www.zillow.com/directory/lenders/">lenders</a> are replying with quotes for a jumbo mortgage, with the accompanying absurdly high interest rate.&nbsp; Are these guys simply too lazy to look at the zip code in which the mortgage is requested?<br \><br \>5 replies Thu, 26 Mar 2009 22:11:00 GMT http://www.zillow.com/advice-thread/Why-are-my-quotes-for-jumbo/215815/ 2009-03-26T22:11:00Z how to you calculate a mortgage http://www.zillow.com/advice-thread/how-to-you-calculate-a-mortgage/184471/ How do you calculate <a href="http://www.zillow.com/mortgage/">mortgage</a> without using a mortgage calculator? How does the formula work. Is interest divided by...<br \><br \>7 replies Sun, 04 Jan 2009 02:24:00 GMT http://www.zillow.com/advice-thread/how-to-you-calculate-a-mortgage/184471/ 2009-01-04T02:24:00Z