Term Length?
Not really. Just the choice to pay less. A shorter term loan usually caries a better rate.

How do I prove this!?
Yes. There are 2 things going on here. One, a quit claim deed takes you off the property but NOT necessarily off the loan for that property. Two, there is an existing loan on the old property and you may still be on that. This is a big problem for many people. Without more details it's hard to advise... best of...

How much time and cost will this take?
This is an easy process coordinated with a title company and loan officer. There is usually a very small fee or no fee to accomplish this. The title company will handle both documents and file with the court at the appropriate time. To answer the questions specifically almost no additional time and cost...

Can I get A home Loan WIth This Credit Score
Sure, but it's best to work with someone that will review your credit profile and see if there is an opportunity to increase your score via a rapid re-score or other method. Remember, credit scores constantly change so make sure you put yourself in the best position........

IRS and VA Home Loan Mortgage
Not by itself but the payments will be included in calculating your debt ratio.

How much equity is needed for reverse mortgage?
It is totally dependent on the borrowers age and property value. These are the sole criteria. You can have an existing loan -- over 50% of borrowers do. The first gets paid off and if there is cash available, you can get that in the form of a lump some or stream of payments.

2 years of work proof?
Sounds like a FHA purchase candidate (possibly USDA) to me. You still need a minimum credit score, and income but it's worth putting in a full application. FHA is changing the guidelines as of Oct. 4th, so you should start now in case the FHA change hurts your chances..... Also, FHA allows for...

Conventional To Pay A Reverse?
Sure it is possible. Usually the reasons you got the reverse mortgage are the reasons you may NOT want to refinance into a forward (conventional) mortgage. But there are a few scenarios that make sense: First, if you want to rent the property ,you need to refinance into a forward (conventional)...

can you help me pay my down payment on a house?
deposit sounds high based on per centage of purchase price. Many banks have minimun loan amounts which make it tough for this scenario. Your boy friend will not qualify -- BK is to fresh. You can qualify with a non-occupant co borrower such as friend or family member for FHA if you have the credit score. The...

Interested in refinancing my mortgage, help
Yes. The only way to be sure is to take a full application with accurate income, real estate taxes and insurance numbers. It's also helpful to have the month, year, rate and original loan amount to make the best comparison of results. 800-845-4311 - michael seligman