When a primary residence ceases to be primary

We have refinanced our property 7 years ago and used it as our primary residence ever since. Now, we are moving but we are not intending to sell, we will rent it out. Do we have to refinance (and get wo...

Need a Mortgage!

Ok so this question is going to hopefully help us to decide whether now or in the future what our options are I currently own my home along with my brother. He is the sole person on the mortgage note. W...

Mortgage on New Construction?

I'm under contract to purchase a newly built home that won't be finished until May. This is being build by a developer. Typically rates are only good for 60 or 90 days, but I'm interested in locking...

For a single-family, primary residence in Greene County, New York, what ...

Seller paid down payment?

My wife and I are currently in the beginning stages of the home buying process, we are now searching for mortgages to see how much we qualify for. We have little available for down payment so a mortgage...

Are these any lenders that would provide a loan for my buyer that does n...

Are these any lenders that would provide a loan for my buyer that does n...

Really want to buy

I need some help. I have put in an offer on a multiple offer property 15 Apr 11. The realtor called me and with no optisium in his voice basically told me that I wouldn't get the property because it w...

Refinancing two inherited homes

Hello we have inherited two homes from a family member. Each has a small mortgage. We also have a home with a mortgage. One of the properties is currently a rental that pays for itself the other we plan...

does anyone allow a mortgage loan for someone who has been discharged fr...

trying to qualify

Should I refinance?

I have 7 years left on a 15 year mortgage. I owe $90,000 on the loan and my home is valued at $450,000. My rate is 5.0 % I'm looking to refinace a higher $ amount because we need many repairs to our ho...

Getting a mortgage on a flipped property

I am interested in purchasing a triplex (30k annualy in rent) that is currently priced at 350k, but the seller bought it in November for 280k (looks like they went under contract in August so im guessin...

Selling property for more than purchase price - problem getting a loan

I purchased my property in November 2010 for 280 and since then have put in a significant amount of work into the place. I was planning on putting it on the market for considerably higher than i purcha...

FHA Mortgage Insurance Premium - Is it Deductable

I was just wondering when you get a FHA loan and with 3%, they require you to pay 1.5% Mortgage Insurance Premium at the time of closing. Is this PMI Deductible. I know PMI is deductible if you qualify....

Is it hard to get approved?

Anyone finding that the banks are tightening their reins? We were approved for a loan 3 months ago but now are needing our ratio to be below 36% our FICO score is in the high 700's. I'm wondering if i...