my mid score is exactly 640. How much will my score go down when bank runs my credit?
I am a Birmingham based mortgage broker and would generally agree with the previous poster. 640 is a cutoff point for many programs. Under the Fair Isaac model, in theory, your credit score for mortgage purposes is supposed to be frozen for 30 days to allow you to shop for mortgage only related inquiries....

Seeking Jumbo Mortgage Low Credit Score
Are either one of you self employed and can you show full tax returns for your stated income?

My reverse mortgage was almost complete. The appraisal was done and I knew how much I would
I am a licensed Sr Reverse Loan Officer and resident here in Birmingham with First Choice Bank. My NMLS # is 113264. I agree with the previous advise you were given. I need you to forward me the titlework and the appraisal that was done through the AMC. You have paid for it and therefore are entitled to a copy of...

Can I use part time and a new full time job to qualify for a mortgage?
If I was trying to get a mortgage I would not drop to part time and change jobs.

do you have offices in alabama
Yes in Birmingham and statewide. scyoungjr@bellsouth.net

Ok my wife past away 2 years ago the house was in her name.She left it to me so I put it in my name.does the deed stay in her name
No. If she quit-claimed the house to you in her will then her interest in the home would transfer to you depending on the way the will was written.I would need to see the docs where you indicate you put in in your name to see how it was done.

Help with conventional loan adjustable 279.000 and 2nd fixed 67.000 home appraisal 293.000 considering combining. credit good.
What is the rate on the 2nd? Since you are underwater on an adjustable rate first you might be able to qualify for a HARP 2.0 fixed rate loan and paying off your second. Please advise. We are a local AL licensed lender and will be happy to assist. My phone # is 205-910-5698.

80% LTV HELOC
I would not wait for your score to increase. With a 700 middle score you are able to refinance on very favorable terms. I would need more information from you such as loan purpose? I do both forward and reverse mortgages that would meet your objectives and am State of AL licensed. Please call me at...

Can additonal land go toward equity?
I agree with Mr Acres in principle. The short answer is yes/no. It must be contiguous at least in Alabama and the max is 25 acres total without question for a govt loan. So the 25 % rule also applies. USDA might be the solution but I dont have the guides for excess acreage handy for that. Unless the property is...

Because of my low credit score, I was unable to refinace my home. Can a family member with good credit help me to get refinace
Agree with Jason's assessment. We need your mortgage weighted middle score. If it is close to the 580 threshold we may be able to do some credit repair to get your there assuming you are the breadwinner. Another option is if you or the other person living in the home and on the deed may be a reverse mortgage if...