this is tricky situation.....I currently rent my primary residence and wish to get financing on a home I am buying under a lease to own contract in another state with my gf. I will eventually move there...
Right now mine is a 735. Would it make a difference if I wait a year or so to get a mortgage, in the meantime pay down my cards and try to get it more in the 760-770 range?
My husband voluntarily switched jobs in August 2012. The new job with the government relocated us from VA to FL (he knew this would happen when he accepted). We put our home up for short sale in August ...
My only option is FHA but I don't know how to calculate the monthly premium payment. I a looking at loan amounts of $250K and the rates I've been seeing for 30 yr fixeds have been around 4.05%
how do ARMs work and will it be a good idea for me if I plan to start renting out the house in about 3 years
my credit took a beating after my divorce last year but otherwise i'm in very solid financial standing. don't know DTI but since i paid off my car and student loans a while ago i'm sure it's nothing crazy
i'm in a position where i'm completely financially able. credit score is 712
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