Is it customary to ask seller of the home to help us with closing costs?
We are in what they call a buyers market pretty much nationwide. This means that the buyer is primarily in control mainly because unlike 3 years ago there are not 5 more people waiting behind you to buy the property if your offer is not accepted. Becasue of this it is pretty standard at the moment for every...

Help Me Get Into A HOUSE THIS YEAR!!!!
Freddy where are you looking to purchase a home and how much money do you have to put down.Becasue of your situation with technically not very much income to show you will find it impossible to get conventional financing unless you get a regular paid job or wait 2 years and show more income.The...

What the the FHA Requirments
FICO needs to be at or above 640....you can qualify with a lower score of 620 or above but you will suffer on the rate. We can work with ay income level but obviously the higher the income the higher priced property you can afford. A good rule of thumb is to figure out what your monthly income is before taxes and...

How can i get rid of PMI? IS the article on this site correct?
If you have an FHA loan you are stuck with PMI for 5 years. Unless you refinance in to a conventional loan and either you have atleast 20% equity already or you put money money into the mortgage to bring the LTV to 80% or less.