Cash Out Refinance on Investment Condo
I am about to purchase an investment condo with cash, I am interested in doing a cash out refinance 6 months after purchasing the condo.
What is the maximum amount of appraised value I would be able
Life after Ch 7
I have Ch 7 discharged over 2 years ago. My FICO is now 678 and income is $65k. Wife has FICO of 710 but not working. We have downpayment of $50k and would like to borrow $200k. Is this possible or am
Down payment in bank accounts
At what time the down payment will be evaluated by mortgage?
When is the ideal time to apply for mortgage? Is that something during the time of contract or after the inspection & attorney review
Mortgage, points, and tax deduction
I've been playing with bankrate.com's calculators, and my impressions are that:
1) if I'm paying the points out of pocket, I would recoup the cost in 3-5 years in lower interest payments
2) if I finance
NMLS National Test
How many of the loan officers out there are taking the SAFE Act course and national test? Are you all taking it, or using one person in your office to work under? Also, isn't it amazing that they
This should be ILLEGAL
Listing agents & banks often required pre-quals with certain banks
to make offers on foreclosures. Every property is different... one wants you to pre-qual with Suntrust another Wachovia, a third
How hard is it to get approved for a mortgage?
My husband and I would like to purchase a home - our rental lease is up in July and we would like to buy instead of resigning. I am a fulltime student, will graduate July 31st with a bachelors in nursing
Debt to Income Ratio Question
Working with lender on USDA mortgage. Everything I have read about DTI ratios uses income versus debt. Mortgage processor is factoring in 2009 & 2008 unreimbursed expenses from my tax returns which
Can anyone help me with FHA 203k loan questions?
I live in Montana. I am under contract on a house, and I am approved for a FHA loan. Per the home inspection, several issues - roof, decks, paint - need repaired prior to closing because we have the
How much is too much on a 234K loan?
I am applying for a 20%-down, fixed rate mortgage. The lender in his GoodFaithEstimate wants to charge me $4,230 for title services and lender's title insurance. Should I bargain with him on this?
With a 574 score do I qualify for any mortgages?
A month ago I had a score of 508. I opened a new card and my score improved to a 574 with Experian, 565 with Equifax and 562 with Trans Union. I had four student loans that were in default that I got rolled