FHA After Chapter 7 Bankruptcy
After a chapter 7 bankruptcy you'll have to wait 2 years from the discharge date reported on the credit report. You must have reestablishedgood credit and demonstrated an ability to successfully manage personal finances. Re-established credit is not accomplished through payroll deduction...

Are FHA loans only for first time home buyers?
FHA loans are for a primary residence only but you are entitled to use the FHA loan product even if you have previously owned another property.You are able to have one FHA loan at a time (with a couple of exceptions).

HARP 2.0 Mortgage rate - Is this honestly the best deal for me?
There are many companies offering the HARP 2.0. The big banks can do a "streamline" no credit qualifying. However, I'm hearing 4 to 9 months for them to process them. As a mortgage banker we offer the HARP 2.0 but you must credit qualify. We can close in 45 days or less. Closing costs are around...

HARP 2.0 after short sale
Fannie Mae does have a waiting period for a short sale or Preforeclosure Sale (terms used by Fannie). These are found in the Fannie Mae guidelines.Waiting period is 2 years for a maximum of 80% loan to value, 4 years for 90% loan to value and 7 years 90% + loan to value.

Shopping around for loan/mortgage
There are pros and cons to any mortgage lender. Most of the big banks are bogged down with refinancing loans from the HARP 2.0 program. Looking for the best interest rate isn't always the best deal. You need to compare the closing costs as well as the rate offered. The rate you are quoted is not the rate...

can I buy a 600k home with 690 credit score and 350k yearly income?
A lender would need to know what your current monthly debt obligation is as well as past credit performance,housing history,employment history and down payment before they could make a determination as to your ability to qualify under current guidelines. We could certainly help you navigate the...