PLease help me with "Origination Fee"

I am currently purchasing a home and am not quite sure how "buying down the rate" works and am wondering if my lender is trying to pull a fast one on me. I am being charged a $3,809.20 origination fee t...

FHA-Approved condo

I'm considering putting in an offer for a condo that's on the FHA-approved list. There is a pending lawsuit and renovation that's going on in the building. The assessments for the renovations are alre...

Why would anyone do a 15-year fixed mortgage?

I am just not sure what the advantages are? can you please enlighten me?

self-employed, limited credit history, been outside the us, do I have hope?

Hi,I'm currently 23 years old, and had been living outside the U.S. from 2003-2008. During that 5 year period, I was unemployed and living with my common-law spouse. In August 2008, I was presented with...

Home Loans

Hello everyone :I already have one of my homes on loan and i would like to purchase a second home.Is it possible that I can also get loan for my second home ?

tell me mortgages qualifications PLEASE

Howdy,I done been planning to gets me family a mortgage loan so thats I can get me a new roof over are head.Cud anyone tells me the basics to get started ?Please tells me what to do so I can get outta t...

Help with my loans

Lender411,I would really appreciate your reply.This is my situation:-2 loans with 2 seperate lenders.-My income to death ratio is :approximately 60%-My house that I own is worth half of what I bout it f...

Help Me Get Into A HOUSE THIS YEAR!!!!

Dear Lender411.com,I am someone who works for themselves. In 2008, I filed for a tax return which showed that I only made around 6500 k after I deducted my expenses.Now You might say 6500!!!! Thats it !...

Is FHA The Best Option for Us?

Hey,My family and I are attempting to buy a 400 thousand dollar home in florida. Together my wife and I earn close to 200k and we can currently afford to put 8 percent down payment.At this moment, they ...

Are there any loans available out there for someone who is self-employed?

I'm self employed, but in the past, I worked part time. Up until a few weeks ago,I was a high school teacher but thanks to budget cuts, I got laid off (This turned out to be a positive thing because no...

Everything about our refinance is fine, except that our property is a ho...

Is it customary to ask seller of the home to help us with closing costs?

We need some help with the closing cost. We only have moeny for down payment and a colleague says we can ask the seller for help. Is that true?

Is heloc still being made as a loan? I dnon't hear much about it

If I want some equity out of my home, what are my options or do i have any? Any help is much appreciated.

3% down for FHA - what about closing costs?

I thought FHA allows only 3% down. That is what my realtor told me, however, when I talked to one the lenders on this site he told me that there are some closing costs which i need to prepare for also....

What kind of 5/1 rates are out there? Our loan is jumbo about 630K. Te...

I am in Orange, CA.