i got financed for a mortgage last year but changed jobs during the process and lost the financing because my new job is commision even thou much better pay. can i get financing now with my situation
You will need 2 years on the job, and tax returns when you apply. Mike

conventional loan
Why do you need a conventional loan? Is it just to aviod MI? Depending on where you live you may be eligble for a USDA loan.Call me for deatils 610 768 7788 Mike

Are there any downsides to a FHA Steamline mortgage loan?
There aren't any downsides to a FHA Streamline refinance. Quite the opposite. It is a reduced documentation refinance and in some cases the lender will not require an appraisal. However, I doubt the savings being quoted to you are correct. I would ask to see a Good Faith Estimate. The MI on this loan...

Underwater on a non-FM loan
Contact the existing lender and ask to renegotiate the rate. If you have an excellent credit history, they may do it. Mike

What kind of credit do I need to get a mortgage?
If you have a 690 credit score your credit is good. More importantly is how long have you been on your current job? If its a different industry, and it hasnt been long, that might be an obstacle.If you are a first time buyer, consider PHFA loan, FHA , or if outside Philadelphia, USDA loans. All offer little or...

About refinaceing
Angela: Yes. SBA will want to be in first lien position,. Mike

Can I get a mortgage after starting a new job?
Kermit: If your new employment is in the same or a related field, you should be ok.Mike

what are the advantages of paying down my principal balance in a lump sum?
It depends. If you are doing it to qualify for a loan, or to keep your loan under a certain loan to value, or at the conventional loan limit of 417K, you would get better pricing on the loan. Another thought is the tax benefit. Depending on your tax bracket, money is very cheap these days. Can you elaborate on...

Should I refinance into a conventional loan or get a streamline FHA refinance?
I think your lender may have been suggesting prices in Malvern have moved lower. My recent refinanes in Malvern have shown price increases so maybe the lender you are speaking with isnt familiar with the area. If your home has increased in value, definitely go conventional. Even it its at 85% LTV. Get a 1st...

t could we get a harp ooan
If your question is where can you get a HARP loan, if you qualifyy, any participating lender can help you. Mike

Do you know of anyone who lends in NJ for someone with a 630 credit score?
Brooke: We do. 610 304 2665. Thanks, Mike

Is it normal for a loan officer to ask me for a cosigner because I'm single??
The only reason he would ask for a co signer is if you had insufficient income to qualify for the loan, our just to clarify that the loan would be in your name only. Mike

Affording a house
Depending on your lender yes. 90% financing is available now. Mike