What is 60 mo WSJ LIBOR?
WSJ is the Wall Street Journal. google the LIBOR index 6 month and see what the index is; it is problably about 1; they add the margin to it 2.5 and that is your rate unless you have a floor; the terms of your ARM had a flor, meaning that is as low as it can go; you need to refinance... call me 913.207.4327 - you can get a 5...

Refinancing a USDA Mortgage
Go to this website and see if you still qualify: http://eligibility.sc.egov.usda.gov/eligibility/eligibilityAction.doThe income section; A USDA to USDA refi rates are very low right now; lower then FHA and Conventional; please try if you can; otherwise we can look at other options.Mike Humphrey...

First time home buyer in Topeka
You should have no issue qualifying for a loan. USDA with 0 down is an option also. I am the bank's expert on them. I am right here in Overland Park and will gladly qualify you after 10 minutes on the phone and send you considerable information on how the process and interest rates work. Michael...

I just filed for divorce. Can I use my VA eligibility to buy a home in Shawnee, Kansas?
You can but she will have to sign documents at closing if you are still legally married which you are until you have a recorded divorce decree. If you have a "friendly" divorce it can work, otherwise she can cause you a lot of pain to include prevent you from buying a home. Also, any bank is going...

USDA Qualification help
Yes, you need a 640 credit score. I have a tool that tells you exactly what to do to get the necessary points. All's you have to do is do it and send me the proof and I can raise the score in 2 days. BTW, is his new job in the field of study from College?MichaelBNC National Bank913-207-4327

va refinance
You do not need a VA loan to do a VA refinance though if you want to do a VA Streamline (VA IRRRL) you do need to have a VA loan. The difference is a non-sreamline will require an appraisal, credit report, and income documentation.Michael913-207-4327