Trying to get a mortgage with a 626 credit score.
I am trying to get a $50,000 mortgage on a house. I was denied by one Modular Home company as I did not have long enough lines of credit. My scores were 616,636 and 646. My gross monthly income is 2040
Down Payment Assistance in Washington State?
Did you know there is a special down payment assistance program in Washington State? Yes, in fact there is! The Washington State Housing Finance Commission will give you a down payment assistance on
How difficult is it to get a Homepath loan?
I came across a Trulia listing that is a Homepath home. My credit is horrible, even though I make good money, it is impossible for me to secure a loan. I am trying to get the negatives removed from my
Special Tax Credit for First Time Home Buyers?
Did you know there is a special tax credit in Washington State for First Time Home Buyers? If you have not owned a home in the last 3 years, and you are going to purchase a home you may qualify for a
Pay $10000 towards principal but check returned
I closed on a mortgage loan two weeks ago. I tried to pay $10000 towards principal but the check was returned. The loan was originated by a builder's broker but the rate was 5.25% for a 30 year fixed
90k loan with 50k down to buy a building
I own an alternative energy company and have out grown my curent location. we have been in bussines for 2 years.
I have been working with the city of Milwaukee for 9 months to buy a city owned
Investing in Hard Money?
I'm looking for a reputable hard money lender to invest with, just not sure where to begin with so many out there. Any recommendations on a few reputable lenders that offer a reasonable ROI to investors?
Lenders that approve while in Chapter 13
I read on the FHA website that 12 months into a Chapter 13 with ontime payment that you will be eligible for an FHA loan. Does anyone know of any lenders that will approve someone with an open Chapter
Question on mortgage and old collections
I have a couple of collections that are from 2009 time frame and am trying to figure out if I need to settle those in order to get a mortgage or not. I've been told the statute on suing me for that
How soon can I get a mortgage?
I completed a short sale in August 2012, settlement accepted, due to my job relocation. My credit score is 683. I have $100k downpayment for a $500,000 house. I've been employed by the same company
Truth or Myth regarding downpayment method?
My partner and I have heard conflicting information regarding where funds for the down payment can be pulled from and also how much "reserves" a lender expects home buyers to have (in the bank) in order
80/20 Mortgage - A thing of the past?
Due to the upcoming to PMI rules where this insurance will no longer go away, but remain throughout the duration of the loan, would applying for an 80/20 mortgage be a better option than FHA? With all
If a builder has a preferred lender, does the buyer have an obligation to use them for financing? The reason for the question is I've read reviews and have spoken directly with people who wouldn't recommend
I am debating whether to go FHA or conventional?
I was quoted 5.25% FHA and 5.375% conventional. Loan value would be $140,000. My credit score is in the 730s last time I checked. I have enough cash for a 5% down payment, but my lender is swinging me
How do you finance a fixer upper?
So here is the deal my husband and I are trying to buy our first home. He has worked construction for over 5 years as a general contractors foreman. So we are looking for a fixer upper. But the problem
Down Payment for 2nd Home
What is the lowest down any of you lenders can do for a second home? I have spoke with 3 of my lenders that I use and they all say 10% with really good credit. Does anyone know of a lender who will go