Refi w/cash out or wait?
I have 17 months left on a 7yr ARM. I am also looking to move to a larger home. Should I refi now with a $20,000 cash out or wait it out a few more months incase I find a new house? How will refinancing
On a GFA 2010 sheet
the estimated settlement charges, is that the same as 'closing costs' (I am guessing yes)? Is this figure inclusive of any down payment or the latter is a separate amount on top of the settlement
is 580 a good score to get an fha loan?
well heres is a little more info on it i'm getting married this October and i'm the only one working my fiancÃ© is going to school. but i have been tryin to get my credit hire to 620 but the
Loan options for high home equity, with high DTI?
I am self employed, business is tight. I have funded my working capital from credit cards.
At the moment, business is on an upswing (slow) however
normal expenses and credit card minimums are starting
Need First Time Homebuyer's Credit clarified!
My understanding is that the First Time Homebuyer's credit is 10% of the purchase price up to $8000. On a purchase price of $112,900, would this not be $1129? I have real estate agents telling me
Estimation of FHA Closing Costs
I have a buyer who wants to purchase my home at $112,900 and only wants to bring $4000 to the table (most of which would get eaten up by 3.5% downpayment requirement). I am offering $2000 closing costs.
Old mortgage showing on title
I am selling a house in Philadelphia (bought on the sheriff sale). The title search now shows an old mortgage for $3500 dated 1987 that was more likely paid since there is a lot of activity afret that
What are the guidelines or things to watch out for in building or improving ones credit?
Is there any fast way to build a business credit?
What can we do? Potential unfair underwriting...
We are currently waiting on approval of our stipulations for our FHA loan, one of which is that my husband's employer write a letter stating that "BONUS/COMMISSION INCOME IS LIKELY TO CONTINUE".
Home equity fixed second loans and the new GFE
I work in a very small Credit Union and we do first mortgages and home equity loans and lines. I have a couple questions regarding the new GFE. Is the new GFE required on fixed home equity loans? If so,
Appraiser requested improvements for refinancing
My parents just applied to refinance their home with cash out for renovations. They are looking to take out $100K and their house is estimated to be worth $140K. The appraiser came and told them they
FHA Spot Approval - how difficult is it to get?
So after having two other deals fall through, we are now looking to buy in an already established townhouse community in Manalapan, NJ. Come to find, however, that the community is not FHA approved.
Co-Signer for FHA Loan - Positives and Negatives
I am currently paying over $1000 rent for an apartment and looking to buy a home where my mortgage payment and escrow would be at about $800. My parents are thinking about co-signing on an FHA loan with