Help,Mortgage Fraud, Illegal Foreclose practices, defending against fore...

Do we qualify for a 2nd USDA loan?

We are planning to get a USDA loan for the 2nd time. Our location has an income limit for a guaranteed loan of $167k. My yearly income is $190k plus bonuses that pushes it to $220k annually. Is this eno...

Any loans without closing costs?

I was looking to buy a home with a conventional mortgage but was short $5k for closing costs. I have more than that amount in investments to cover but I am not able to liquidate until a certain period w...

Net income needed to get approved for a loan

Let’s say you want to apply for a loan worth $200k and buy a rental property that costs $355k. Down payment will be $150k. Primary home is fully paid without any debts. How much net income do I need t...

After my house settlement my realtor ask me for 500 dollars . My realtor...

Can I transfer PMI from an existing mortgage?

I have a question about refinancing. Why do you need to pay title insurance again when you refinance if you paid for it already when you bought the house previously? Can you transfer the insurance from ...

Can I be charged an appraisal fee twice?

I am switching from a VA loan to an FHA with the same lender. I already paid the 575 bucks for the va appraisal and they are asking for an appraisal fee of $ 500 again even though I won't be receiving ...

First time in real estate investing and wondering what the best loan is ...

I am entering the REI arena and am quite confused on what loan to use. Is a conventional loan the best type for a fix and flip? Do I need to check with my lender if I am able to rent out my property wit...

Denied loans due to late payments, do I need to remove them?

I live in Orlando and I am applying for a refinance of my home to turn it into a rental property. I am also looking for funds for short term rentals. I have been working with my current employer for the...

How do lenders calculate DTI?

Do all lenders calculate DTI the same way? How do they compute it? Most of my income from my W2 is categorized as a bonus but paid out throughout the year. Will this affect my loan application?

What are the steps I need to take to qualify for a mortgage?

Hi, everyone! I want to know if I qualify for a mortgage and if not what are the steps I need to take to qualify? Also, what kind of lenders do I look at and what type of loan is best for me? I am earni...

Self employed and looking to upgrade to a bigger home

It’s time to upgrade our home since the family is growing. I have two teenagers, a preteen and a toddler right now and our current home doesn’t have enough space for us all. I have been self employe...

Financing options for first timer?

My son saw a property that he fell in love with but he has no idea how to finance it. What’s the best option for land purchases in Cincinnati, Ohio?

Teacher applying for a loan

I sold my house back in 2018 and made a $4,500 profit. My current credit scores are 529, 549, and 472 and I am making $63k a year as a teacher. I have $420k in student loans and I am afraid I won’t qu...

Are there lenders who still do manual underwriting?

I was wondering if there are lenders who do manual underwriting in 2022? It’s quite challenging for low score applicants and the market is crazy here in Georgia. I am currently at 560 now due to medic...