Who was the owner in this case?

I found a property I want to buy and all seems good. The lenders surveyor went to the property and came back and said the won't lend as the owners has owned it only for 2 to 3 months. When I talked wit...

Are my computations correct?

My loan has a 3% interest rate and I've been paying for 2 years and 6 months now. I've computed the taxes and insurance and lender has pocketed $15k and applied $10k on my loan so far, is this a normal ...

How do I get my profile for Lender 411 updated as I have left my previou...

First time home buyer excited to buy a home

What are the benefits of being a first time homebuyer? I heard that if we haven't owned a home in 3 years we are considered first time homebuyers, is this true? Our income is close to $180k a year and o...

Which loan product is best?

Hi, we are looking to buy a condo or townhouse in California worth $930k. I am shopping around for the best lender, loan type and rates before I lock in. This is my first time buying and I want to ask f...

Can I back out on my closed home deal?

I closed on a home last November 2022. During inspection I got a recommendation to get the foundation checked and the seller provided it at his cost. The inspection report showed no concerns regarding t...

If my equity $280,000 how much line of credit?

Question on refinance

I own a home and got re-married in 2021. Title is in my name. If I were to refinance now and keep it in my name only, would my current wife have to sign something agreeing to it? I'm not familiar with t...

Trying to figure out occupancy to avoid high interest

Son and grandson are purchasing a house for a sick parent in Florida since winter is not good for grandfather here in Chicago. Son already owns a primary home and has paid it off. Only grandpa will liv...

I've fallen behind on my mortgage

Has anyone fallen behind on mortgage payments? It's been 9 months and I've paid only once. Income took a hit due to medical expenses then I lost my job 3 months ago. What options do I have? I have a new...

Will late payment affect our loan application?

Hi, I am freaking out at the moment because I saw a late payment on my credit report. It was a water bill payment and looks like my husband paid a month late. We are applying for a mortgage next month ...

Trying to save for renovations

This is my second time to get a loan but I don't qualify for an FHA. What loan product can give a 3 to 4% down payment? I also want to lower closing costs and would love to hear from anyone on how I can...

Any recommendations for a good online mortgage company?

Hi, moving to South Carolina from North Dakota by mid January. Can anyone recommend a good online mortgage company? I don't have the best credit ad I want to get pre-approval before I go house hunting. ...

Will there be an issue with my conventional loan application?

I have a single family home under contract. It's in zone RM 16 in Tampa. The house has two electric meters one for the main home and one for the back of the home. Will this be a problem for my conventio...

What loan is best for me?

I'm looking to buy a home in 2024 and I know there are plenty of factors to consider. My credit score is in the low 700s DTI is 10% I can put down $20,000 I can pay at least $1,500 per month What type...