I have a 7 year ARM that is due to reset in August 2010. My current int...

I have a 7 year ARM that is due to reset in August 2010. My current interest rate is 4.875%. My ARM margin is 2.75%. My ARM index rate is 1.02%. My ARM index is based upon the Weekly AVG of the 1 Yr...

My lender is asking if I want my tax impounded. What does that mean?

Questions about PMI and reserves

First time home buyer with a couple of questions about PMI and reserves. Regarding PMI, I've read that after you have 20% equity in your house you can ask to discontinue PMI. I assume it's the bank tha...

WHat are the advantages of going with a broker? Would it not be cheaper...

Any explanation is welcome.

Resubmitting A Loan

So basically we have been in escrow for 5 weeks I just heard from my loan officer, the bank declined to fund the loan due to legal issues. We were supposed to close in two weeks but now have to submit t...

Problem With A Second Loan

So I am trying to find super conforming loan and put twenty percent down. My company offers a 10 year interest free loan for 10% of the purchase price so i would need to finance 70 percent. All banks ba...

The matched lenders seem to only have been doing this since 2008 and am ...

Type the details of your question here How to determine which matched lender has the most successful track record.

Am I a first time buyer?

So my family is currently living in santa barbara county, and my name is also on that property. I have been sworking in San Diego County for 6 years though, if I buy a house in San Diego County can I c...

Is a FHA Loan in the bag?

The home costs $340k and we are going to put down twenty percent. We would need a loan for around 272,000 after the down payment. Ownership would be between three people all with income of 60,000 per ye...

FICO VS Vantage Score

I have been monitoring my credit score in order to improve it before purchasing my first home. Currently I am are using true credit to monitor, they just changed to the Vantage Score system. Instead o...

My debt to income ratio is on the high side and the purchase price is le...

10 percent down- Is this enough? Is there hope?

FHA is out of the question, it's not an approved condo. More than 30 percent of the units are rented, so the PMI company won't do it.I can't afford 10% is there any hope for me?

I was just laid off, is it possible to continue with my close or am I el...

Hi, I just got laid off. Scheduled to close on a new KB Home in CA in about 30 days. I have already turned in all papers, W2, paystubs, etc and have been loan approved already. Question: Can I still c...

Do you have 100% financing for a home with 38 acres?

We have purchased a new home in Jan. of this year, we have a 2nd home in...