Financing in Schaumburg : Questions & Answers

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Varun Nagpal, Home Buyer in Schaumburg, IL
Varun Nagpal asked:
I have 16 months employment history in US, before this I was in foreign country, can i get home loan I moved to Illinois, US in Jan 2014 on work permit (H1B) visa. I just have 16 months of employment history in US. Before this I was in foreign country. I have a decent credit score of 735…
0 votes Share Flag Mon Apr 27, 2015 Financing in Schaumburg
Scott T Lewis, Real Estate Pro in 06511
Scott T Lewis answered:
What's the formula for determining loan qualification?
The debt to income ratio differs from lender to lender. A typical ratio could be .31% of your Gross monthly income for loan qualification amounts. .40% for total debt amounts.
0 votes Share Flag Sat Mar 28, 2015 Financing in 60193
Mark Minorcz…, Real Estate Pro in Harwood Heights, IL
Mark Minorczyk answered:
am i paying to much in real estates taxes?

I have done my own appeals for several years. In some years I was successful, others not so much. Then through some acquaintances, I met an attorney that specializes in tax re ... more
0 votes Share Flag Fri Feb 24, 2012 Financing in Schaumburg
Sharon Hardi…, Real Estate Pro in Schaumburg, IL
Sharon Harding answered:
Question regarding taxes and pre-paids
You need to ask your attorney/title company to explain the answers to your questions.
0 votes Share Flag Sat Feb 11, 2012 Financing in Schaumburg
William Chu, Real Estate Pro in Downers Grove, IL
William Chu answered:
How is mortgage scenario for Business owners now?
AA, from your description, it leads me to wonder whether you/your wife would qualify for mortgage financing just using her income. While it is not clear from your post to whether you ... more
0 votes Share Flag Mon Mar 23, 2009 Financing in Schaumburg
Bob Brandt R…, Real Estate Pro in Schaumburg, IL
Bob Brandt Re/Max 847-274-3193 answered:
What is the average yearly Homeowners policy premium for a 4BD 2.5 single family home in Suburban Cook County?
There are some many different sizes, styles, age, values, features, prices and other factors like zip codes that come into play for all the different 4 bedroom homes. It pays to make so ... more
0 votes Share Flag Thu Aug 28, 2008 Financing in Schaumburg
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Kristen Williams, Agent in 60193
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