Is FHA the easiest loan to get approved for?
You will likely have a few options; FHA, conventional and depending on where you are looking to purchase you may also qualify for a USDA loan. Typically, conventional loans require 5% down with a 620 credit score, FHA requires 3.5% down with a minimum of 580 credit score (although some lenders will go...

Does Texas law require that lenders pay interest on insurance proceeds withheld from mortgagers during the home repair process after homeowners insurance has paid for a claim?
Typically lenders are not required to pay interest on funds held in escrow, however a call the Texas Department of Insurance should be able to find an accurate answer to your exact circumstances. This would be your best free approach, otherwise an attorney could answer this question as well. DB

Are we obligated to finish the process of refinancing with the first bank found online that stated zero closing cost, even though we are not too happy with their lack of communication, high closing costs and their appraiser's requirements for repairs before we can close on a VA no cash out refi?
The simple answer is no you are not obligated to finish the process with any lender, but only you can decide if it is worth starting over with a new lender. As far as the appraisal goes, the lender does not have any control over what the appraiser says needs to be repaired and VA requires the appraiser to...

GNMA mortgage underwater can I refi
Depends on when you took out the original loan. A streamlined refinance without an appraisal is an option but there are differing rules depending on FHA or VA. Best to contact one of the lenders on this page in your area and see if they can assist you. You may also want to talk to your current loan servicer. A...

Home remodel loan question
Depending on your state you can do a cash out loan on your primary residence and then use that money to start the remodel on the inherited home. The biggest issue is that your current home would likely have to be off the market for a period of time to get a traditional FNMA or FHLMC cash out loan. Any lender...

HELOC
Yes there are options. You are looking to refinance. You have a mortgage, the fact that it is a HELOC doesn't matter other than it may be considered a cash out refinance.A few questions have to be answered before options can be determined. Is you credit ok, what is the value of your home compared to what you...

Looking to combine 2 mortgages into 1 on a rental property in Texas. Combined mortages are $69,405.72 House was appraised at $107,000 at the end of 2014.
I think part of the question may be with regard to the Texas A6 Cash Out laws. Those cash out limits only apply to your homesteaded property and since this is an investment property you will have no TX issues. You will be guided by FNMA and FHLMC Non-Owner Occupied cash out rules, which is very general terms...

Does a mobile home on leased land qualify for a VA loan
VA requires the home to be converted to "real property" which means you would own the land and the home. The rare case is certain places in CA, HI and a few other states where they have 100+ year leases that don't have a monthly fee. Generally you will see a $1 lease fee for the entire remaining term of the...