Needing to get a loan for our first home
With scores like that I would recommend an FHA loan depending on exactly where you fall. With conventional financing there will be no mortgage insurance, but they will need higher scores. FHA may have a small monthly mortgage insurance fee, but would do the loan with scores on the lower end. This is...

Do the inner upgrades that we have done to our site help us with our appraised value?
It all goes to the condition of the home. Appraisers are able to adjust values based on the condition of your home compared to the condition of similar homes in your area. If your home has significant upgrades or is in a generally better condition, then it would equate to a higher value on your home.

I am trying to get a loan modification on my FHA mortgage. At the suggestion of my mortgage broker my mother co-signed on the loan with me. She has never lived in the residence and does not contribute to the financials. Will her income be taken into account when reviewing my mortgage for modification approval?
As long as she does not live with you, you should be able to just provide a detailed hardship letter explaining this fact and then her income would not be included as your household income.

I am trying to get a loan modification on my FHA mortgage. At the suggestion of my mortgage broker my mother co-signed on the loan with me. She has never lived in the residence and does not contribute to the financials. Will her income be taken into account when reviewing my mortgage for modification approval?
If your mother does not reside in the home with you then most likely her income will not be considered as household income for purposes of the loan modification. It should be explained in your hardship letter that she does not contribute to your monthly household income.

When government stop buying mortgages is when the rates go up. Is that true?
This is very true. Government purchases of Mortgage Backed Securities is set to start winding down. The days of these historically low rates below 5% are nearly done. People looking to purchase need to do so now or risk the chance of losing a very rare opportunity.

FHA 203K Loans
All the contractor needs to do is provide a detailed bid on the project. The lender will pay them in draws.

I am looking for comercial lender willing to lend in lots at private community?
It's difficult to say if the loan is possible without more information about the loan scenario. What will the LTV be on the lots?What is the credit like?How many units per lot? Are the properties contiguous? Is this for purchase or refinance?

I looked under the billing and there are no credits for posting the Lender 411 link on my webpage. Can you please help.
Can you clarify what it is your asking? You are looking to get some type of credit for posting a link back to lender411.com?

With poor credit, is it possible to get approved for a mortgage such as a FHA insured loan? If so, what is the lowest credit score they will consider?
Most lenders have instituted a minimum credit requirement on FHA loans of 620 or higher. There are some still available at a 580 or higher and even fewer that go as low as 540. In order to qualify for anything under 620 expect for the lender to be looking to make sure you have no 30 day late payments within the...