Hello J9, your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary. If you figure out what cities/zip codes you are considering, minimum number of bedrooms and the maximum payment/price you are looking to achieve you can be emailed listings to fit your search criteria. Your email address is needed to set you up for the automatic daily updates.
You will need to be pre-approved if you decide to buy and to be able to meet an agent to view and submit offers on any homes of your choice. Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs.
You may qualify FHA from fico scores between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program up to 417k. You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI) up to 417k.
It only takes a few dozen questions to qualify, go over your options and email you listings to study and compare. Here are some links to study as well as web reference links to many loan program pages offered...
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
22+ Years Experience
9am till 5pm by phone Monday thru Saturday, Sundays by appt., EMAIL ANYTIME 24/7
Under640FicoScoreLoans@gmail.com or HomeLoans4U@live.com
If my response was helpful, consider clicking Thank, Link or Best Answer.... more
I, too, am sorry to hear that you were so severally injured. It all depends on the lender. For the most part, income is income and for you, WC is your income currently. I think that it is a dependable source as well. You will want to ask lenders.
Mark Leach | http://www.kaplanandgrant.com... more
The only place in Imperial Beach where you can do vacation rentals (by the week) is a small area mostly on Seacoast Dr. between Palm Ave. & Imperial Beach Blvd. The zoning does run maybe a house or 2 on the east side of Seacoast & then in the 1st block of Palm Ave. If it's a condo, the HOA must also approve of short term rentals.
Since we sell most of the property in Imperial Beach we were very involved in the city changing the zoning about 10 years ago to our dismay. Please don't hesitate to call if you have any questions!
Richard & Cheryl Schaumburg
COLDWELL BANKER RESIDENTIAL
862 Seacoast Dr.
Imperial Beach, Ca. 91932
Why have you not made the move yet? This market is funny, a lot of my listings have sat the first half of this year and just recently multiple offers are comming in and they are moving fairly fast. It just happens that way. If you really have been watching it for a year, you just may see it disappear.... more