Prequalification vs. preapproval

Are prequalification and preapproval the same thing? what do I need to have/do to be preapproved for a loan?

buying a relatives home in short sale

my sister is going through a short sale and I was considering purchasing her home but I was wondering what the legal implications would be and if this is indeed legal?

LTV of 75%, conforming, cash to more than cover the mortgage amount - re...

I am just beginning to generate income after two years w/o any. I didn't bother to refi as income verifcation was an issue - or so I thought. I have money and top credit, no other debt, own/live in ho...

why can't i get a loan modification on a texas cash out mortgage?

Refinance and then build new

We have an cash out mortgage and a second mortgage for a pool. We are wanting to build a bigger house but consolidate these two in with the price to build our new home. Is this possible to do and if so...

mortgage after foreclosure

When things went south for me, I had to file for chapter 7 in March, 2010 and it was discharged in July, 2010. I had vacated the underwater property some months before that. The bank, however, did not...

mortgage rates

how can i get the mortgage rates advertised online? it just seems like every time i see rates posted online, they are overly optimistic and totally unrealistic.

VA Business Loan

Does anyone do va business loans?

Loan on Individually Titled Condos

Good afternoon. I have a difficult financing requirement. I recently purchased 12 individually titled units in Mulberry Gardens, a complex of 43 condos located in Phoenix, AZ. The vendor has 4 more un...

When are brokers required to release GFE and TIL

We've been dealing with a local (california) broker for a HARP2 refi and he's had all of our tax documents, bank statements and employment history for well over a month. He ran our credit and we signed...

get a loan after bankruptcy

I filed for Chapter 13 Bankruptcy in summer of 2009 and I was wondering how long will I have to wait to get a loan? Also, what type of loan is best for a short term, credit improvement before a refinance?

Not on loan but on title. Can I get a loan after foreclosure?

My husband, then fiance had a home foreclosed in 2010. I was not on the loan but was on title. My credit report and public records are clean. Can I get a loan in my name only? I have had some say no and...

refinancing limit

quick question, is there a limit on the amount of times you can refinance a property? I would just assume that one is the limit but I've never actually looked into it

mortgage for manufactured home

I am considering purchasing property to situate a manufactured home on, what types of mortgage loans are available for this kind of situation? I've heard that FHA covers manufactured homes in certain ca...

what is the difference between a lender and a broker?