Mortgage Options in a high cost county

I am looking to borrow more than the conventional mortgage cap, Id would also like to avoid the rates of a jumbo loan. It seems that super conforming loans might be a good option. Can anyone give me an...

Lower Rates Available Online?

I am looking for a house in the 900,00 range in San Mateo. Both my and my spouses credit scores are around 800 . we have saved around 20 percent for a down payment and currently have monthly income of ...

The New HAFA Program

Does anyone have any information on the new HAFA Program? I see that it was just put into place but still don't understand what it means for me as a new home buyer. Thanks

15 Year Or 30 Year?

We are applying for a loan for 330K we have been given two options 15-yr 4.5% fixed interest rate or 30-yr 5.25% fixed interest rate. What is the better option? and why? what does this mean for my month...

Banking Paperwork

My husband and I are finalizing our home purchase, we are going to try and close in June. When we are ready to apply for a mortgage how many months of banking statements will we need to provide?

I file bankruptcy and would like to apply for a mortgage I am starting a...

What exactly is the qualificatgion process for a reverse mortgage?

Do my parents need to have income and good credit? Is it as tough to get reverse moretgages as normal loans?

Do Town Homes Require A Special FHA Loan?

I know that some condos do require a special approval for an fha loan. Does the same apply toward town homes?

I work as a "freelancer", can I still get a loan?

Long story short, I have saved enough for a 20 percent down payment and have a good credit score. About five months ago I have taken a new job in which I am considered a freelance worker, under 1099. Ca...

Student Loan Rehabbed, now what?

I've had to rehab a student loan that accidentally went into default when I changed my banking information; Honest mistake that has bitten me. It has just recently posted back into good standing after p...

Has govenment stopped buying mortgages already ? Was it supposed to be ...

If so, how come it is not in the news? Will it effect the rates badly?

Can someone pelase explain the FHA "Streamline" refinance ?

Does that mean as long as we have not been late on our existing mortgage we do not need much documentation for our refi ?

Parent-funded Purchase Money Mortgage

Can i fund a purchase money mortgage in order to buy a condo for my college student-daughter to live in and have her claim the $8,000 first-time homebuyer tax-credit?

FHA Mortgage Insurance Premium - Is it Deductable

Hi, I was just wonderign when you get a FHA loan and with 3%, they require you to pay 1.5% Mortage Insurace Premium at the time of closing. Is this MIP Deductable. I know PMI is deductable if you qualif...

If we make a payment and it is received by the time due, can they deny o...