I dont have a lot of debts all I have is a auto loan for 4000.00 and credit card with a 500.00 limit.My verification of employment was done at the beining of the loan. There has not been a status change of my employment sent the loan was appoved.The guy who working my loan told me that I was approved for my loan base off of me working full time. and that I cant close the loan until I get a letter from my doctor stating Im able tp worl full time.But my ? is why approve my loan off of full time pay when I have never been full time through out this loan.I just want to know if my doctor state I can work full time, will I lose my deposit.
I do not believe a doctors note is going to make a difference if you are approved or not. The underwriting decision on your loan will be determined off your year-to-date pay. I am assuming you are paid an hourly wage so unless your part-time gross earnings are enough to fulfill the debt-to-income...

I am 52 yrs old and have rented the house i live in for 21 years. During the course of that time I raised 3 children alone and put myself through nursing school. I have been a nurse for 15 yrs and do not even no where or how to begin to see if I can finally own my own home. any help would be great.
First congratulations on your accomplishments so far. It will take you three steps to accomplish home ownership.1. Complete an application - This stage is where your loan officer will consult you with loan options. The easiest way to assist your loan officer with this part of the process is to have a...

Do I get a better rate if I impound Tax and Insurance?
Impounds should not effect your rate. In some cases it will effect the fees paid by as much as 0.25% of your loan amount when you waive escrows.

I need a cash-out refinance on investment property without a primary residence.
Your max cash out loan-to-value will be between 70% and 75% depending on the property type. Credit score and reserves will also play a big part in the underwriting decision. As far as the primary residence is concerned I have never heard of this guideline. Have you completed an application? What state is...

Mortgage options for non-veteran with strong credit/income but little available for down payment?
You have a couple things working against you. The fact that you already own a home most first-time homebuyer programs or USDA would not be an option. Your income will also pose a problem because most of the down payment programs have income restrictions. FHA would be the next best thing with a down payment...

Wanting to buy very badly
The job gap will not be an issue with a letter of explanation in regards to your divorce and that your were a housewife. I can connect you with a licensed loan officer that knows VA loans if you are interested.

How do I calculate my home equity
Could you elaborate a little more on what you are looking to accomplish?