Loan approval delay due to appraiser

I’m having delays with my loan approval since an underwriter from my bank has asked for a clarification from the appraiser and has not gotten any response at all. I’ve tried calling and emailing but...

Senior buying a condo

I plan to buy a condo next year and I want to know which mortgage is best for me. I can handle payments for a $150k 15 year mortgage but would prefer a 30-year loan for lower monthly payments. I am 62 ...

Do I qualify for USDA loan?

Hi, I’d like to know if I qualify for a mortgage and what kind of loan should I look into. I earn 90k a year with my current employer and I’ve been here for 10 years. I saw an ad for a rural home in...

How much to pay for closing costs?

This would be my first home purchase after coming across a beautiful home that costs $300k. It‘s close to where I grew up as a kid and I would love to retire in that neighborhood. My yearly income is ...

CHSuser

Loan under my name to help parents

My mom and dad want to retire in California from New Jersey. They applied for a mortgage but didn’t get approved since their debt to income ratio is too high. I, on the other hand, got approved for a ...

Need help on what offer is the best

As a first-time buyer, I am shopping around for the best mortgage rates. So far two options stick out. A 30 year fixed rate worth $425k with 5% down. One option has a 2.6% rate with no lender credit whi...

Refinance offer from my bank

My wife and I own a townhouse that we rent out that was bought way back in 2010. The loan was 30 years with a fixed rate of 5.375%. A bank offered a refinance at a fixed 2.56% with no closing costs. Sho...

Is it time to refinance?

With mortgage rates at an all-time low, I am thinking about refinancing my loan. Although rates have gone up slightly in the past few weeks, they are still pretty low compared to pre-pandemic rates. I b...

Refinance for Retirement Home

I have a current mortgage with a lender that we’d like to refinance. We plan to move out from the home and retire near the beach. There is an amazing property up for sale and I would like to grab the ...

Do I Qualify for a USDA loan?

A first-time homebuyer with a new home project in the Austin area. The purchase price of the home is $200k and I can afford to put a down of 10%. I want to apply for a USDA loan since the land is in a r...

Pay in Cash or Apply for a Mortgage?

I saw this new real estate development in my old neighborhood in Kansas and I fell in love with the available houses. The prices are pretty good and they are offering a good deal for $150k. I am torn be...

Can I get approval for a loan?

My wife and I want to move from our current home into a new home we just saw in an ad then sell our old house. The new property is everything we have dreamed of and we can’t let this chance pass. What...

Mortgage approval without W2

I applied for a refinance with my local lender but my application got flagged because I only have income from abroad. I don’t get a W2 since I work for an employer outside the U.S. A global bank offer...

credit repair to qualify for loans?