Need help applying for a construction loan

I am trying to get a construction loan for my personal home. Total cost is $1.8M with the property sitting on 75 acres. Our income is from real estate at around $4M from rental property held in a living...

Applying for a loan with lack of employment history

I recently started a new W2 job and I have a written letter of employment. Prior to this I left the industry to raise my children. I have good cash saved up, excellent credit history, no debt and can ma...

My gf and I bought a home, what happens if ever we break up since we are...

I have been living in my current home raising my kids for the past 10 years. A year ago my girlfriend got financed for this home and we are both on the deed. Does she have rights to the house when we br...

I want to know the lowest amount you can borrow in 2022

What’s the lowest amount you can borrow in 2022? Some say $60k while others say $80k. Does the type of property matter?

Moved to Florida and we want to buy a new home

I moved to Florida from New York a few weeks ago. I currently own a townhouse that’s being rented. Townhouse has an FHA loan where we currently owe $102k. We would like to purchase a new home here in ...

Refinance for son's college education

Hi, I spoke with my lender to ask for a cash out refinance. They asked me what it was for and I told them that it was to pay off debts. After checking on our current loan, the lender called me and said ...

my mortgage bank has my intrest at 9 percent and refuse to lower it

Gifting Home After Death

A father added his son to his mortgage because he retired and could no longer afford the payments on his own. They both had 800+ FICO and completed a cash-out refinance. I'm assuming the son is a cobo...

Refinance with less than a year being employed

I just got a job on an hourly wage for the past 3 months. Is there any lender who would grant me a refinance? I tried with a few and I’ve failed at underwriting. Lenders want to see that I’ve been e...

Potential refi on our home

I am looking at a potential refi on our home in Arizona. We bought it with FHA down payment assistance last Feb 2021. We have to pay a prorated portion if we refinance or sell in the first 3 years. Curr...

Refinance to fund retirement, is it a good idea?

I was surprised by the mortgage rates in 2022 as I compared it with the rates I bought my first home way back 1987. This made me think about a refinance to fund my retirement plans. Is this a good idea?

Help with refinance plans

We bought a home back in 2008 which was our second home but became our primary residence from 2010 to 2019. We moved to another town in 2020 so the property became a second home once more. We are not re...

Are there options other than 20% down?

Hi, I am looking for a loan to help buy a home in Lawton, Oklahoma. We live in Denver right now and we want to move. The problem is we don’t have enough for a 20% down payment and our credit scores ar...

Applying for a loan after being a homemaker for years

Is it possible to do a conventional refinance if I only have work credentials for a year? I’ve been working in the IT industry for 5 years and stopped in year 4 and became a homemaker and I am now bac...

How soon after a borrower dies is an appraisal required?