Lender is asking for me to sign a 4506c, 10 days after the loan has alre...

Do we need to boost our scores to qualify?

Our lender is saying that we need to boost our credit scores to qualify for a loan at $250k. Our income is not a problem and we don’t know what the issue is. My score is 630. We just sold our home and...

Trying to get a loan with low credit scores, what are our options?

We just sold our house recently and we want to buy a new retirement home. My husband is retired in the army with consistent income while I just got a new job. We both have poor credit but we have money ...

Working part time for 2 years, do I qualify for a loan?

Hi, I’m graduating this year and I have started working with a stable employer. I’ve been working for the past 2 years but were just part time gigs to help pay the bills. I plan to buy my first dupl...

Is there a seasoning period on a bankruptcy?

I live in Missouri and got discharged from chapter 13 last month. My family owns 5 acres of land and we want to apply for an FHA loan for construction. Is there a seasoning period on the bankruptcy or w...

Are FHA and VA loans better than conventional loans?

What are some of the lowest scores you’ve had and been approved to buy a home? What was the down payment required? I want to know what I can expect with scores in the low 500s. I’ve heard about FHA ...

Are application fees charged upfront?

Hi, this is my first time applying for a loan and I was wondering why an application fee is being charged upfront? The fee is $395 and non-refundable if we don’t close. It gets credited after closing ...

Should I pay the principal down?

I currently have a high interest rate conventional loan with 10 years left and around $180k in equity. Refinancing is not an option at this point. Should I pay the principal down? I want to get a lower ...

Being ghosted by a lender should I look for a new one?

Been working with a lender on an FHA loan with 10% down since our scores are below 580. We’ve submitted all docs necessary and we haven’t received a call back from our lender. Should we look for ano...

Considering a USDA loan and other low dp options

Considering a USDA loan and have discussed details with the broker. Credit is not the best right now with 2 open accounts namely a car loan and credit card debt. Scores are around 620 to 650 range. I am...

Can I roll closing costs via seller?

Currently closing on a house and appraisal came in higher than my offer. How do I roll some of my closing costs via the seller? Plan to tack at least $10k to the total loan amount.

Buying a second home with complications

Hi, I want to ask if it’s possible to buy a property as a primary home even if you do not work in the same state as the property? I work in New York and I’m buying in VA. My wife will live in the VA...

Need help on how to proceed in my situation

I have no idea what type of loan I need. I have been renting to own with a contract to get my own mortgage this year for the remainder of what’s owed. The home is in my name and I pay the taxes. I hav...

In need of a 95% loan. I have repaired credit after short sale 2 years a...

Should I buy down the rate?

We just got pre approved for a loan and got a $200k loan that was upgraded to $250k after paying off income tax. I asked for the rate we would be getting and the lender quoted 4.375% with the option of ...