I’m currently trying to rebuild my credit, I have not missed a payment or had any new collections in the past 12 months and I only have a few lines of credit as of now. I plan on buying a house a year...
My client's private lender informed her that they did not approve her loan because of a low appraisal. I didn’t know that this would happen since it wasn’t mentioned to me and my client back then, n...
My husband and I are in the process of purchasing a house but my husband lost his job and we thought that the lenders might consider it a deal breaker. But, my lender informed me that they will move for...
Hello everyone, my client needs to get rid of their car loan as soon as possible. She has about $35k and before the clear, her underwriter advised that she needs to get that debt off her credit. What is...
I am eyeing a ten-unit complex and got a quote from a lender at 8.5%. I talked to a friend and he told me he was getting rates at 5.5%. The SFH market in our area has rates ranging from 6 to 7.5%. Is co...
I just applied for a new construction loan with a local bank but they said that they don’t offer 10% construction loans for multi-unit or duplexes. We are building a duplex as our primary home and weâ...
I am building a custom home in the FL area and we’re looking for a lender that can help with self-employed construction loans. We’ve been trying to find the best loan product but have not had much s...
We are taking over someone else's mortgage and we want to know the right process. Do I need to contact the lender and make the arrangements directly with them? What are the chances we'll get the same ra...
Hi, my husband and I are currently negotiating a contract on our condo and the buyer will use a VA loan. We were told that our condo building is FHA approved but it’s not VA approved. His lender told ...
I want to buy my first house. The house I’m interested in is only $100k. My wife and I make about $55k a year right now. Are there any government programs or government grants that will help us buy ou...
Is mortgage insurance and taxes included in mortgage payments
This is my first time buying a home and I’d like to know what increases the chances of getting approved for a conventional loan? I’ve read that Income, Assets, Credit, and Debt are the foundations t...
I am purchasing my first home which is a manufactured home that sits on land property. I am dealing with a not-so-great lender who has not been communicating with me. Locked in at 5.5% for a 30-year loa...
I bought a gorgeous little bungalow that needs a little rehab. I left a little money for the repairs but it looks like I’m gonna need more. Am I correct in assuming that I won’t be able to get a hom...
Is it possible to find a lender who can provide 90% LTV via HELOC? I plan to buy a rental property here in Washington. It’s a 4 unit multi-family that needs a little rehab. The market is hot where I a...
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