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Bill Stouffer's Answers


appraiser wants to know if anyone died in the house..
We have had several situations recently in my area. When it was learned that there was a death in the home, the buyers backed out and the offering prices were reduced. I could understand that a death in the home, depending upon the circumstances could affect marketability.It would not surprise me to see...
Is Aspire Lending Partners a legit lending co. -OR- is it a SCAM. Need to know A.S.A.P. Thanks. . .
You can check with the Pennsylvania Dept of Banking ( they have toll free hotline ) ...additionally, each Loan Officer has a unique NMLS # which can be checked online at www.NMLSconsumeraccess.orgThe NMLS # is a nationwide database that allows interested parties to check the credentials of loan...
do you think i could get a 4.1-4.3 rate with a 750 credit score?
Yes...if you meet the other guidelines...Best to get a formal preapproval and make sure that you have a resource to answer your questions and guide you through the loan process
will a past eviction influence rates?
If the eviction resulted in a collection or judgement that is open and reporting, it will likely need paid. Otherwise, your credit score, loan type, term etc. Will be the determinant for rate.
my bankruptcy is over 3 months ago. my home equity line of credit 15000 that I had before bankruptcy shows zero available
Your credit line will not be restored automatically. You would want to speak with your lender as to their credit policy regarding credit lines, credit score and when you might be able to reapply. If you have a 1st morgage, make sure you reaffirm the debt so that it reports on your credit report. This will...

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