finally found a home!!!

My husband and i are bidding on a Homepath Home...middle score is 626....is this a possibility with a Homepath Mortgage?

Pre-approval paper work question

I'm getting my pre-approval going. My checking acct went negative last month because I forgot about autotransfer to my savings acct. Checking acct has overdraft protection from bank credit card. So, ho...

Interest rate vs. APR

Hi alI. I paid about $1177 for points to bring it to 4.75%.Lender said I would have to live in the house for 4 years (which I will) to make up for the points paid. The reality is that my APR (including...

Income determination question

So, I understand that income from the last two years is taken into account when applying for a mortgage preapproval, etc. My question is, are W2s the only method by which income is calculated? I ask be...

I get no FHA - but why would a seller care if 10%, 20%, or 25%?

If an all-cash offer didn't come in and wipe out all other offers on a house, why would a seller (including, but not limited to banks, so if you have a different motive for each, I'd love to hear) care ...

downpayment requirement -- historically?

Currently, one can get an FHA loan with as little as 5% (or less?) down. During the bubble, there were zero-down loans.What were down payment requirements before all that? In the 90s, 80s, 70s, 60s...?A...

Type your mortgage or real estate question here lloking to refinance

Type the details of your question here looking to refinance

I have a commercial project in PA I need down payment assistance with. I...

I have a commercial project in PA I need down payment assistance with. I...

Commission on short sales

I'm looking at offering on a short sale, and trying to decide if I should involve a buyer agent or not. The only reason I can think of needing a buyer agent for is to help a bit with the offer process ...

Buying home with IN LAW,share costs??

HI guys,I just bought a home with inlaw, I need help with unbiased opinions.1)in law downpayment 40,0002)My downpayment 21,0003)I will spend 19000 to remodel house3)on Title= 1/3 me, 1/3 husband, 1/3 in...

Currently have a USDA loan and needing to refinance...

My wife and I currently have a USDA mortgage loan (30 years @ 5.5%) and we would like to refinance due to the very low rates and the fact that we are beginning to feel the pinch of rising real estate ta...

Is anyone writing small (375k) commercial 15 yr fixed rate mortgages in ...

I've talked to upward of 30 banks, credit unions, financial lenders and does not seem anyone is interested. If this was a 4plex I'd have rates in the 4's. If it were $1,000,000 loan i'd have rates in ...

FHA Conforming above $417,000 (DC) rates

Hi all!Thanks in advance for the responses. I am trying to understand the differences between likely rates for these scenarios and I can't seem to find good information on what happens with rates when y...

Will my student loans lower the amount I am pre-aproved for?

I know that any payment towards debt will reduce my buying power, however my husband and I are both full time students. We both work full time as well. My husband will be done with school in two years. ...