WIll Grandma be able to quailify for a reverse mortgage?

Could you check out this situation for me and tell me what you think. This was Dan's effort to provide a home for his grandmother who is 81. Dan purchased a home on Nov. 5, 2010 for 22,000. that he was ...

Is a HARP my best option here, and what do I need to do?

I have all the prerequisites for a HARP except the LTV limit of 125. I bought the house at 170k, I still owe 160k (125k 1st loan, 35k 2nd), and the value is 130k now. My original mortgage was 80%/20% so...

If I lose my job, will I lose my house?

I prequalified for a home with 20% down and have good employment records currently. Now if I get the loan and then lose my job, which might be a possibility, would I lose the home? I have enough saved u...

Dad has underwater mortgage, can't make payments.

My dad is 82 years old and his wife just passed away, and so he is struggling with his mortgage payments. The property is upside down about 60,000 and he has 50,000 in the bank that is going to end up g...

Are there any programs available for First Time Home Buyers that are gov...

I work for the county and I am looking to buy a home in my area. Do I qualify for any special programs as a government employee or buying my first home? Been working here for four years, decent credit, ...

DOes anybody now about Homepath loans?

Are these available to anyone and are they at zero down? ANy information is greatly appreciated.

Are there any downsides to a FHA Steamline mortgage loan?

Since rates have dropped, we've been looking to refinance, but we've only had our FHA for 6 months, so nothing built up equity wise. PMI is at .9. I've received an option from another lender for a FHA s...

What does my employment history need to be to apply for a mortgage?

I just got married, and me and my wife are looking to stop renting and buy our first home. I've been working for a little over 9 months at my current job, but I have been gainfully employed for the last...

I'm 42, can I get a reverse mortgage?

Great Income poor/fair credit are there any options for me.

My FICO score on all three bureaus is 660. However I'm finding out there is another calculation that the mortgage industry uses. My score on that model is 644, 600, 603. There are two student loan pa...

Low credit scores, but willing to make a large down payment for a new home.

My husband and I don't have the best credit scores (634 and 602 respectively), but we want to get a mortgage for a home valued at 210,000. We can have 70,000 if we sell some investments and gather our c...

Foreclosure/Bankruptcy, wondering about purchasing new home.

How long after a foreclosure and bankruptcy can I consider purchasing a new home? It's been 3 years since the foreclosure and the bankruptcy is pending discharge later this month. Am I SOL or do I have ...

Is it possible to switch from a conventional loan to a FHA?

I purchased my home originally at 5.75% through a conventional loan and now I am trying to lower my payments by finding a better loan with less of an interest rate, but I am not able to do this with my...

Should I refinance again? Can i do it at 0 cost?

I refinanced our mortgage in July and got a 3.625% 5-1 ARM (interest only). Should I refinance again? Would it be worth my while? I asked this question on this site and got great responses, but I stil...

Pre-Qualified for Loan, 20% down, in escrow, then lost employment, Can I...

Pre-Qualified for Loan, 20% down, with good employment and significant cash reserves then if I lost employment, Can I still buy the Home.?