Modification woes with Wells Fargo...........
I would check with your states attorney general's office for help or state banking commission for advice. Jbennett@riverviewbankpa.com

What is the approximate closing cost for a 320k FHA loan?
If you live in Pennsylvania I have a better program then the 203k. it requires 5% down, but the closing costs are lower and no upfront PMI or lifetime pmi. Can be used as a purchase or refinance rehab loan. Jbennett@riverviewbankpa.com

low down payment loan for 900K purchase
Depending on your credit and other assets I may be able to go as high as 5% down payment, in Pennsyvlania only. Jbennett@riverviewbankpa.com

How soon can i refinance?
I personally purchased a home in march as well. If you have an fha loan you can refinance into a conventional mortgage now. if you have equity that is great, but do not have to have 20% equity to refinance. PMI is tiered on conventional loans, unlike fha which requires PMI for life of the loan. So if you have 10%...

Is there a mortgage closing cost breakdown? Are all closing costs universal?
Excellent question. Fees and rates can both change with quotes. So when analyzing lenders to decide which loan is the best. It is best to shop in the same day, because rates change everyday. And compare both rates and fees together to make the best decision. Typically more fees can draw down the interest...

need a refi on townhouse with no mortgage
More information is definitely needed. I only lend in Pa. but based on your scenario he may have to wait 6 months to allow seasoning of the property. Typical conventional cash out amount is based off 80% of the appraised value of the home, however some approvals come back at 75% depending on circumstances.

Can i still qualify for a harp loan with a low ltv?
fyi, I worked for "wf" and wrote several lot ltv harp loan refi's. So yes you can do a HARP loan with a low ltv. Jbennett@riverviewbankpa.com

What is minimum square footage for home loan per fanny may?
as mentioned prior, fannie does not have a requirement. If fannie will not accept the property, our in house bank can lend money direct as a regional bank in Pennsylvania. If you are in Pennsylvania, contact me for more details. Jbennett@riverviewbankpa.com

I would like a home equity loan , I have no mortgage now ..credit score 625
If you are in Pa. I may be able to help because our bank can lend in house money for situations beyond credit score. jbennett@riverviewbankpa.com

Is there a way to combine two properties into one mortgage? If so what happens if we sell one of them?
That is called a "blanket mortgage" our company offers them from our regional bank in Pa. Unfortunately if your properties are located outside of Pa. I cannot help but a local or regional bank in your area may be able to offer you a blanket mortgage. In terms of selling one of the properties down the road...

Stuck on mortgage
Have you tried filing a complaint with your state's attorney general office?? its free legal help. or contact the state in reference to his licensing in regards to potential foul play if you have proof he forged your signature.

First time homebuyers, husband has bad credit
Sorry, your best bet is to be solo on the loan itself. He can still be on the deed. But for qualification sake, he will not be helping you qualify for any loan program other then a side note to underwriter mentioning his income he brings to the loan. With the scores over 720, that opens to doors for programs...

what do your credit score have to be to get a home threwusda
USDA does not have a credit score requirement, Individual lender overlays may stipulate a minimum credit score requirement. If no credit score, alternative credit will be reviewed as well as other offsetting criteria that make the loan make sense, such as debt ratio, assets, down money, etc.

1st home purchase advice needed
BUY, BUY, BUY!!! I would go FHA with low down payment...Owner occupied 2-4 unit property...you can live in property with rental income coming in!!!. Before you move out you can consider a refinance to remove pmi and lower rate if possible at that time.

15% down fixed rate mortgage have PMI?
I wouldn't do lender paid MI with that much down money. You will be able to remove the MI in a few years vs a long commitment with lender paid.

I just closed on a house Aug. 6 but now I may not want the house..what can I do..will I lose money ? Buyers remorse
As mentioned you own this home. If you do not like the home and you find out you have no equity. Your best option is to move out in a month and rent the home for profit until you can sell the home and make money from selling it.

Is down payment or credit score more important when applying for a loan?
Higher credit score opens the door to more programs. any score over 740 and you are in the top tier for all programs. some programs offer as little as zero down...but the less you put down will increase your payment based on rate adjustments for the program, PMI-upfront/monthly and potentially fees for the...

Is there a limited time a home owner must live in the home when they have a HARP mortgage?
First, your home loan must be paid on-time for the prior 6 months, and at least 11 of the most recent 12 months. Second, your mortgage must have a note date of no later than May 31, 2009, which means that you loan must have funded on, or before, May 31, 2009. And, third, you may not have used the program before...

Who is responsible for the appraisal cost during a refinance?
typical out of pocket cost to borrower, be leary of companies offering to include the appraisal cost into the loan as they may charge more for this service due to loans that fail to close and they eat the appraisal fee...in essence you help pay the cost of lost loans. Also the cost varies slightly between...

I am looking for the best mortgage rates for my credit score which is 635 but for a 20 yr mortgage
I can lend in multiple states in the northeast. My bank is federally chartered. As mentioned more information is needed. If your credit score is what you state, I should be able to help you get pre-qualified for a mortgage. Shopping rates at this point would be not advised since you do not have a home under...