Your Questions About Check My Mortgage

Mark asks…

Do mortgage lenders look at your income W-2 forms for the income reported instead of check stubs?

My question is do mortgage lenders look at your w-2 forms to find out how much money you made instead of asking for check stubs? I know you at least need the past 2 w-2 forms i’m i correct?

admin answers:

They compare the two. Most of the time overtime is not used to qualify for a loan…..only if it shows that the overtime has been consistent over a year or longer. Lenders normally will only use the base salary to qualify you for a loan. They might even ask the employer to write a letter stating that they expect that any overtime will continue for at least a year.

W-2’s only show income for the previous year. Pay stubs show your current monthly income.

Susan asks…

I just turned 18 and I check my credit report, it says I have a mortgage from 2005?

I turned 18 a few days ago, and my credit report through Equifax asked me some security questions, and they were about a mortgage from 2005? I was 13 years old in 2005, and I couldn’t have gotten a mortgage. Any ideas of why it says I have them?

admin answers:

If it was just the security question, there’s no need to worry. YOU know that you don’t have a mortgage, but a person trying to steal your identity wouldn’t know that. Your answer would have been “None of the Above” (or something like that).

Since you’re so young, Equifax doesn’t have enough information in your file to pose good security questions, so they have to ask things like the one about your non-existent mortgage.

Now, if your actual credit report had a listing for a mortgage in 2005, that’s something you need to follow-up on, using the instructions that came on the last pages of your credit report. If there is an actual mortgage listed in your name, that could either be a computer error (confusing you with someone else), or it could be a case of identity theft. Either way you need to look into it…

Richard asks…

Does anyone have 21st mortgage as the lender I need to get there express check pay address?

I need to overnight a check through my bank’s bill pay and I need the address to send the check all I have is the PO box and it can’t be sent there. They won’t give it to me because I am behind and I am not sending in the full payment I am only sending in what I can to knock down the past due amount.

admin answers:

Do they have a web site that you can get a log on and do it. But the big problem with this is they will hold the cash in suspense till brought current any way

Joseph asks…

what does “There is insufficient information about mortgage accounts.” mean on a credit check?

ive never tried getting a mortgage loan.
so i don’t know why they would put this as hurting my score.
does anyone know what to do or about this?

or does this error not mean anything about mortgage loans?
i checked all three scores and their is a section that says “whats hurting your score” and it says “there is insufficient information about mortgage accounts… this is looking off transunion, experian, and equifax.

admin answers:

It means that not having a mortgage loan is hurting your credit. It means that your credit would be better if you had a mortgage loan. It means that not having one is hurting your credit.

Mary asks…

I DEPOSITED a check made out to my mortgage company “and/or” ATIMA “and” my name. Will this check be honored?

I deposited the check on Thursday and my bank hasn’t put a hold on it, but I want to make sure it clears the giant bank it was written on.

admin answers:

No, the other party (your mortgage company) has to sign off by endorsing the back of the check.

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