It is a tough reality now that banks do want to see higher credit scores than they used to in order to finance you for a loan. Most banks ... more
This would never go through the Fannie Mae or Freddie Mac computer approval. Manual overrides are non-existant.
You can hopefully get more income for your renta ... more
I highly recommend contacting The Hope Now Alliance. I would call their number 888-995-HOPE and you can talk to a counselor and they will ask you a few questions and then f ... more
It is always best to review and compare at least two lenders. Have them give you a full estimate of costs. Rate alone isn't the whole story. You need to see a breakd ... more
While i do not know the legality of raising the rate the HELOC, it is still considered a mortgage since it is liened against the property. i would go back over the paperw ... more
The best short answer is, "it depends."
Let's separate assets from down payment for a minute. Many other posts here on Trulia have addressed the down payment issue, so I ... more