WHAT IS A RATIO INCOME TO DEBTS FOR APROVING A VA LOAN??
VA loans allow for a 41% expense ratio according to their guidelines.

ltv
I work for Randolph Savings Bank and we are a local Lender in RI & Ma. My office is in Coventry in BJ's plaza, I would like to be able to help..can you email or call me and I will do my best to help. I am more than capable of assessing your scenario this is form a good deal of experience doing Government...

Gifts or grants from qualified housing resources can assist with the down payment amount.
Randolph Savings Bank offers qualifying first time home buyers up to $10,000 or more in grant money. There are some income guidelines that we have to follow but it wouldn't hurt to call or email me to see if I can help. We are an FHA, USDA, MA Housing, RI Housing, & Conforming Direct Lender. All of...

If I apply for a mortgage with my wife, will lenders use the lower or higher credit score to qualify?
CHLuke,It is the lowest middle score of the both applicants. Happy house hunting!Chris CouchonRandolph Savings Bank401-589-2803 Directccouchon@randolphsavings.comNMLS ID # 981029

How long after a refinance can I rent out my current home?
I looks like plenty of lenders have already responded to your question, and all of them seem very accurate. However I am not sure where any of them are located? One is in Arizona. Randolph Savings Bank is in Randolph, Massachusetts, and has been since 1851. If you are still in need of a local community bank...

Why would I have to pay for a subordination agreement if a company owns both my 1st & 2nd mortgage and I'm in process of refi on
I agree to disagree. We do No cost 2nd mortgages for Randolph Savings bank customers on a consistent basis, and they don't have to ask! Unless your current lender is holding a gun to your head go somewhere else. No offense intended..Chris Couchon Randolph Savings Bank ccouchon@randolphsavings...

fha streamline
Your FHA case # should be on the top right hand side of your HUD-1 Settlement Statement from your refinance in Nov of 2012. It is a legal size document that lists all of the fees, as well as the rate and terms of the transaction and is 2-3 pages long. If you have all of your docs still in the original package from...

Question about obtaining/eligibility for MassHousing loan
I would apply at a local bank, my 1st choice would be a direct Mass lender; I work as an originator for Randolph Savings Bank. We are a direct FHA, Mass Housing, and Fannie Mae Seller-Servicing agent. We make our credit decisions locally and employ Mass residents as our processors and underwriters. That...

do u work with me while im in chapter 13 bankruptcy?
My suggestion would be to look for a local mortgage banker in the metro Boston area that works with folks who have credit issues. You need to stay current on your mortgage, any lates at all and you are toast. My profile is in the Lender411 database. Please email or call me and I will do my best to get you going on...