Posts tagged "Fit"

The mortgage company calculated our biweekly payments based on monthly payments…?

My wife owned our home prior to our marriage. Just recently we have been talking about moving to a larger home so I started looking at our financial status. I started with trying to figure out the amount left on the current mortgage but ran into a little problem. It appears that the mortgage company created our mortgage by taking a 25 year amortization based on monthly payments, then halving the monthly payments to make the biweekly payments we have been paying. I know that it thus creates an incorrect calculation for a payment monthly of 840 is equal to 10080 and the actual payment of 420 biweekly equals 10920 a year! The payments calculated do not fit the information laid out in the loan papers.

My questions, keeping in mind that we are in Ontario, Canada is:

1 – What recourse do we have against the lender for making such an error?
2 – What options legally do we have against the lender for making calculation errors like this on official documents.

• can a mortgage company refuse a biweekly payment

I’m a Loan Officer in Orange County California. Any ideas on how to better promote my business?

I work hard to get my clients the best mortgage loans that best fit their needs. I’ve been having trouble however promiting myself to other real estate agents or home buyers in general. Any ideas on how I can expand my busness yet continue to work my hardest to get the right loans for my clients?

• hard to get mortgage California

What is a Good Nokia cellphone for a non-buisness person?

Help! Did I use FMLA?

I used my sick days for maternity leave. I had built up 42 days.

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