You would have to be discharged for two years even with your re-established credit and large down payment. I would be glad to help you start looking in the Fall. You could be in your new home by the beginning of 2014! Good luck!... more
Yes! Yes! Yes! and you are very likely to get it. I just had a buyer put on offer on one of my listings that had a contingency offer on it contingent upon the sell of their home and my buyer is fixing to move into the home in 2 weeks. The first buyer removed the contingency., they needed to sell their home in order to buy. If you need help, please look me up at www.saysabrasaysold.com if you are not already working with an agent.
If it were me (and I have to cover all bases by saying I'm not a financial advisor - just a real estate agent ;) ... But I would pay off debt. Then finance 100% thru VA ... one of the beauties of VA loans :) And just make sure you keep your house where you're truly comfortable with the monthly note. I'd be glad to help of course if you'd like! There's a lot of good ones out there right now!
Dana Owens Smith
Crye-Leike Realtors... more
Collections can be forgiven and depending on how much/type of judgement could make a difference. Email me (firstname.lastname@example.org) and I can help you get qualified to purchase a home. You have n acceptable score to be able to qualify for an FHA loan.... more
You may qualify to purchase a home. The first step would be to contact a loan officer that qwould explain the process and requirements for home ownership. Please feel free to contact me, I will be able to help you find a realtor in your immediate area that could help you in every step of this process.
It depends upon what you mean by okay. Do you pay your bills on time every month? Do you have any judgements or collection accounts? Is your middle FICO score 640+. For the answer speak to a mortgage originator and have them go over your credit report.... more
Not quite good enough but close. I suggest you make an appointment with me, I can help you get to the 640 that you need, get pre-qualified, find a house, get closed and moved in. My company, Crye-Leike, Southaven is a one stop shop, I can help you with the entire process. Frances Follis 901-870-1033 or reply to my e-mail.... more
You can ask anything, but what difference does it make? You either like the home or you donâ€™t, you either like the price or you donâ€™t. What the seller paid for it is only an issue if the seller is flipping it, then it factors in to the required holding period. But if you really want to know it is a public record, go down to the clerkâ€™s office where the deed if filed and look it up. The PVA would also have that info.... more
There are advantages to both. I would have a lender look at both options for you and see wich would benefit you most. The rates may be different, the amount out of pocket at closing, and the monthly payment you make. Rate these on which one is most important to you and your locall lender will assist you in determining which route would be best. Good Luck!