Can i take a hel or heloc on a house was quitclaimed to me and is paid off? The grantor still owes on his heloc on this house.
Yes, but in the process of the new HELOC, you or the grantor would need to pay off the original one. Should be easy if the math works

Does anyone know a lender that works with fair/poor credit but good salary and 30% downpayment?
There are honest ways to raise your credit score. I would start with a lender who uses "Rapid Rescore". It is the only honest way to determine how high you can get your credit. FHA has a program that claims it can go down to 580 based on the circumstances. You will have better luck working with a pro that will not...

I am a first time home buyer. Where do I start?
Hi, I'm available right now if you would like to chat. Maine State Housing Is running an amazing deal615-2222

Are there any down payment assistance programs for people who have low income?
Yes, possibly, you can call me Mark Maroon nmls#6642 at 207-615-2222 Scarborough Maine

Will I be able to get a loan if I am in arrears on Child Support?
Is there an agreement in place through the state?

what are closing costs on a 550k mortgage loan? (approx) and are we able to roll those into the loan amount?
Great answer William, Michael I have a mortgage company here is Maine (Scarborough) but have loan officers around the state. The best advice I can give is call me. There is no charge and no obligation but I can get the particulars and help you through what you need to know. The industry is just too confusing...

HELOC or new mortgage?
I would have an appraisal done by a lender such as us or others. We are Maine based in Scarborough. the least expensive way would be a purchase with gift of equity. Please be aware that although you all may think it is worth $300,000.00, the real number will be different.I would split the value of the house...

Do i have to disclose a home i own free and clear on loan application?
Yes you do but more importantly is why do you feel you need to not disclose it. When applying for a mortgage you are certifying that all your information is complete and accurate.There solutions for most perceived problems that you may have concerns about. Feel free to contact me privately if you choose...