Need advice regarding my son's home purchase plans

I want to get a consultation about a home purchase. My son and his wife have their house on the market in California and they plan on purchasing a home in the Boise, Idaho area. My son’s wife will sta...

Should we buy a house that's quite pricey?

Hello, I came here for consultation. My wife and I don’t have traditional salary jobs, but we have a new business that’s doing great. We want to purchase a house that’s worth $450k in South Florid...

Refinance question after several years

A couple bought a property for 100k with 3% down. If the couple attempts refinancing in several years and the balance is $80k, will the new lender question the payoff amount of the previous loan? Is it ...

I have been retired for 10 years and I have received a pension since I r...

a 2nd mortgage on a property that was subsequently foreclose on by the 1...

Was this just noise? Where is creative commercial down payment assistanc...

Need help on what type of loan to get

I don’t have an idea what type of loan I need. I am looking at a $600k home and have $100k on hand for a downpayment. Do I choose a private lender, bank, or broker? We see that rates are going up and ...

Are appraisals needed for government loans?

I’m in the middle of closing a deal on a home with a VA loan. My agent isn’t that knowledgeable with VAs so I need some help. Does anyone know if we can do away with the appraisal in the initial con...

Lender won't approve due to tenure despite lockdown

My husband and I worked in the same casino for a decade. We have never been late on payments with credit scores between 780 and 820. We owe less than $2k on credit cards and no car loans. We tried apply...

Will I have issues during closing?

Hello, my wife and I are closing a house in two weeks. We’re debt-free except for an Amex which we pay in full monthly. The loan processor contacted us 2 days ago and told us that the underwriter want...

I have a question regarding balloon mortgage

Hi everyone, I have a question regarding balloon mortgage. Is a mobile home on its own land qualified for balloon mortgages? And what are the benefits and disadvantages of having a 5-7 year balloon mort...

Can a lender help me rebuild my credit?

I’m currently trying to rebuild my credit, I have not missed a payment or had any new collections in the past 12 months and I only have a few lines of credit as of now. I plan on buying a house a year...

Lender rejected loan due to low appraisal

My client's private lender informed her that they did not approve her loan because of a low appraisal. I didn’t know that this would happen since it wasn’t mentioned to me and my client back then, n...

Hubby lost his job as we near closing on a house

My husband and I are in the process of purchasing a house but my husband lost his job and we thought that the lenders might consider it a deal breaker. But, my lender informed me that they will move for...

Can someone transfer a loan to a family member?

Hello everyone, my client needs to get rid of their car loan as soon as possible. She has about $35k and before the clear, her underwriter advised that she needs to get that debt off her credit. What is...