can I get financed? 50% ltv?
alexanderJanuary 14, 2011 at 7:35amSingle retired woman,56,Want to purchase a foreclosure(approx $75000) in Florida. My fico is a combined 639,income is from 5 land contracts that I carry, income 1200, ...
FHA Condo Loans
I was recently approved for an FHA loan on a home. The mortgage broker told me that the down payment was going to be 3.5% min. I decided to expand my home search to condos (can buy in better location th...
Lower lender fees vs. lower interest rate
I am getting a lot of different rates from lenders and am not sure how to view them. Those with lower interest rates have higher lender fees (by about $1000...6.25% vs. 6.37%). Is it better to go with...
I have the oppurtunit to buy a house with 3% down with no PMI.
I can also afford to put 20% down. I can afford the monthly payments what would be the best way to go?
Front-End Ratio
Will lenders these day allow for front-end ratio to be more than 28%? I need my front-end ratio be be 34%. My back-end ratio is find because I have no debt right now. For the house range I am looking...
How are high-priced homes financed?
Just something I've been curious about...When someone finances a really expensive house, lets say 2M, how is that usually done? Is it like cheaper houses where it is most common to have 20% down or do l...
Funding options for move up house
We currently own a house worth about $350k based on recent sales in the area. We are looking at a "move up" house that is short sale listed for $380 and will likely sell for $400k - $420k We have $18k l...
Transferring ownership to an LLC
I am about to purchase an investment condo, which I am planning on renting out. I am getting an investment condo loan from my lender and am putting 25% down.After purchasing the condo I want to transf...
Is an FHA Hybrid arm whith a fixed rate for 5 years at 2.87% and can be...
It would lower my monthly payment by almost $200
According to this site the rates are down from last week. Is it correct...
It was gpoiong up like crazy
FHA 203k for First time buyers only?
Sorry if this is a "duh" question, but can you get a fha rehab loan if you already own a house? I have a place in Austin but live in LA now and would like to go the FHA route. I was looking at the off...
What's the difference between a refinance and a home equity loan? Which...
Can someone explain the difference between a refinance and a home equity loan? And which is the better route to take...I have excellent credit and an income of over $100,000 a year.
Buying a home while single vs being married
My girlfriend and I are thinking of moving in together sometime this year and I want to make an informed decision regarding whether to rent or buy a home. Neither of us have owned a home before and our ...
Ask our community a question.
Get an answer
