Financing in Texas : Questions & Answers

change location

cancel or

Q&A

1,083
Jonathan Wood, Real Estate Pro in Austin, TX
Jonathan Wood answered:
So what's the situation with USDA loans now that the government has been reopened? Are they going to do anymore loans this year ?
USDA is a great zero down loan program for qualified areas.

While USDA is limited in the areas served, there are 2 other Texas based loan programs to assist with down payment for qu ... more
0 votes Share Flag Sat Mar 22, 2014 Financing in Kyle
Robert Hanson, Real Estate Pro in Silver Spring, MD
Robert Hanson answered:
My husbands pay checks are mostly overtime pay. What's the best way to get a mortgage?
Hello there,

It is not expressly required that you have a 2 year history of overtime in order to use it to qualify for a mortgage. However, as you have found, it is an uphill battle ... more
0 votes Share Flag Fri Mar 21, 2014 Financing in Calallen
Linda Fisher, Real Estate Pro in Kingwood, TX
Linda Fisher answered:
Concerning firt time home buyer grants and down payment assistance.
Your lender should be able to answer any questions you have regarding down payment, assistance,

How many you cab except,are use toward the purchase of your home


Good Luck and Go ... more
0 votes Share Flag Thu Mar 13, 2014 Financing in 77071
JJ Hampton, Real Estate Pro in Stephenville, TX
JJ Hampton answered:
how do you bget financing on theses homes?
If you give me a call or send me an email, I can recommend a great local mortgage broker.

JJ Hampton, Realtor
Barbara Hampton & Associates
Stephenville, TX
254-592-3480
0 votes Share Flag Thu Mar 13, 2014 Financing in 76401
Bill Merritt, Real Estate Pro in Dallas, TX
Bill Merritt answered:
Mortgage Loans for Teachers?
Teacher program - as long as the income does not exceed $69,100, it's 3% down, no PMI, all funds including Down Payment can be gifted. Maximum loan amount of $271,050. Can not own any ... more
0 votes Share Flag Wed Mar 12, 2014 Financing in 75068
Don Groff, Real Estate Pro in Cedar Park, TX
Don Groff answered:
Does a 10 day rate lock include weekends or is it business days?
Locks are always calendar days. If a lock ends on a weekend it will typically expire on the following Monday.

Hope this helps.

__________________________________________________ ... more
1 vote Share Flag Mon Mar 10, 2014 Financing in Austin
Circel Nicol…, Home Buyer in Brooklyn, NY
Circel Nicolae answered:
How much is estimated per square foot to build a house?
I am General Contractor recently moved from New York City looking to invest in land somewhere in San Antonio Or Houston area to build Houses or communities for rental..
If someone has ... more
0 votes Share Flag Sat Mar 8, 2014 Financing in San Antonio
Lowell Sterl…, Real Estate Pro in Plano, TX
Lowell Sterling answered:
Gross income or taxable income
Hello Nancy,

We will use your gross income before taxes if you are W-2 if your are self employed then the rules will be your income + your various schedules. Let have this conversati ... more
0 votes Share Flag Tue Feb 25, 2014 Financing in 78586
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
Monthly payments on $45,000 loan for 10 years at 7% interest
The payment on a $45k loan at 7% on a 10-year term would be $522.49/mo.
0 votes Share Flag Mon Feb 24, 2014 Financing in 77705
James P. Ryan…, Real Estate Pro in Washington, DC
James P. Ryan, Jr answered:
Closing costs - Converting from 15 to 30 yr loan
Just a few issues. First, closing costs. Without question, your present mortgage company can refi you with the lowest costs. Whether they will or not is another question. All mortgage l ... more
0 votes Share Flag Mon Feb 24, 2014 Financing in Irving
Susie Reichl…, Real Estate Pro in Dallas County, TX
Susie Reichley answered:
My fiance' and I are looking to buy a home in Valley Ranch. Since this is our first home and our income is
Based on your price range you may h ve several options.

I know of program that offers no downpayment, no closing costs, and below market interest rate.

So, i would like to int ... more
0 votes Share Flag Mon Feb 24, 2014 Financing in 75063
Robert Hanson, Real Estate Pro in Silver Spring, MD
Robert Hanson answered:
I am thinking about demolishing an existing home I currently have financed and replacing it with a new home.
As others have indicated, you need to proceed very carefully in order to protect yourself from any liability here. Probably the answer will be to proceed with a construction/rehab loan ... more
0 votes Share Flag Mon Feb 24, 2014 Financing in 75062
Kenneth Bebe…, Real Estate Pro in Dallas, TX
Kenneth Bebensee answered:
Are there really such programs out there that actually put up the down and closing when attempting to buy with a fair credit score?
Yes and no. Be smart, if you can't afford one or both, then don't buy. Your not ready. Let's be real here. Many things can happen with owning a home. Home ownership is not an entitlemen ... more
0 votes Share Flag Sun Feb 23, 2014 Financing in 75146
Chris Hazlew…, Real Estate Pro in Johns Creek, GA
Chris Hazlewood answered:
credit score 645 home 62000 income about 25000 have credit card debt can I qualify for loan
Manuela
We are a dedicated lender to help you with your purchase. Our website www.PurchaseApplication.com allows you to get pre-qualified for a home purchase with No SSN or Credit Che ... more
0 votes Share Flag Fri Feb 21, 2014 Financing in 79536
Luis Guajardo…, Real Estate Pro in San Antonio, TX
Luis Guajardo MBA answered:
Would like a non-FHA loan, but have a past foreclosure?
Hi there. I am a local lender with 14 years experience and this is an issue that has come up more since the recession. You are half right in your presumption. Fannie and Freddie do requ ... more
0 votes Share Flag Thu Feb 20, 2014 Financing in San Antonio
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Brian Nguyen answered:
I am seeking private lenders to buy real estate.
There are lenders like myself that do private money lending. If you want to speak to a lender I would be glad to speak with you to help you get the loan that you need. The requirements ... more
1 vote Share Flag Sun Feb 16, 2014 Financing in Texas
Raymond Huss…, Real Estate Pro in Round Rock, TX
Raymond Husser, GRI, ASP, CRIS answered:
I owner financed a lot,texas, used purchase agreement, promissory note and warranty deed with vendor's lien, no deed of trust, buyers are in breach,
Time to start foreclosing and do it all again! Hopefully you got a sizable down payment to make it all worth your time. Luckily you are in Texas and foreclosure is pretty simple and qui ... more
0 votes Share Flag Sun Feb 16, 2014 Financing in Round Rock
Chris Hazlew…, Real Estate Pro in Johns Creek, GA
Chris Hazlewood answered:
My husband and I want to buy are home but credit is not so good.. can't anybody help us get into a nice home..?
We are a dedicated lending team to help you with your purchase. Our website http://www.PurchaseApplication.com allows you to get pre-qualified for a home purchase with No SSN or Credit ... more
0 votes Share Flag Sat Feb 8, 2014 Financing in 75181
Torang | AAT…, Real Estate Pro in 75063
Torang | AATRealty answered:
first time home buyer credit is average don't have to much for downpayment need help
Just visit my web site at http://www.aatrealty.com/ you will be surprised!

I will give you 2% of the sold price at the closing if you buy your home thru me.

Please do not hesita ... more
0 votes Share Flag Fri Feb 7, 2014 Financing in 75181
Kelsey and B…, Real Estate Pro in New Braunfels, TX
Kelsey and Brian Johnson answered:
What programs are available to help cover closing costs?
If you use the Seth program or Bond 79 depending on your income level you likely will qualify for 100% loan to value and with the right negotiating by your Realtor be close to or at $0 ... more
1 vote Share Flag Wed Feb 5, 2014 Financing in 78130
1 ... 3 4 5 6 7 ...
Search Advice

Followers

193
Email me when…

Learn more

Home > Q&A > Texas > Financing in Texas
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer