Applying for a USDA but will be changing jobs soon

I will be changing jobs in a few months and I plan to apply for a USDA loan. I am staying in the same industry but my salary would be bigger. How long do I have to wait to apply? There’s a gorgeous ap...

Applying for a loan with less than 2 years employment history

I need help, my lender won’t give me a loan because I am not working currently. I have sufficient funds for a down payment of $50k funds for living expenses at $27k with $20k invested plus social secu...

First time home buyer surprised with costs involved in buying a home

We came across a housing program but had no idea that we would have to pay $50k in down payment and closing costs. How do we get help? My family loves the property and we long to close the deal. Are the...

What are my chances for a refinance?

Can I apply for a refi with a credit score of 620 and DTI of 45%? I bought my home for 395k and the value is now at $515k. I made $67k a year for two years and I’ve been at the same job for the past 5...

Looking for conventional mortgage with 3% down

Is there a conventional mortgage with 3% down in NY? I am not looking for FHA, USDA or VA. I have a student loan in default and I am working on getting it fixed but I can’t wait that long before I buy...

What is the waiting period for FHA loan after a chapter 7?

I filed a chapter 7 after my divorce and gave up my home. The bankruptcy was discharged 2 years ago and I want to know how long I have to wait for obtaining an FHA loan? When does the waiting period begin?

How long does an appraisal report last?

I am applying for a conventional loan and would like to know how long an appraisal report is good for? Loan is taking a while to close and I want to know if the appraisal is expiring. What do I do to ex...

Any lenders who can approve in my case?

Hi everyone! I wanted to get a HELOC but when I called my lender they turned me down because my home is in a revocable living trust. I live here and I am the trustee. I only put it in trust to keep it o...

Do I need 2 years of work experience to qualify?

My wife and I plan to apply for a loan in a few months. I have been working with the same company for 3 years while my husband is with the same employer for a year and was doing contracting for 8 months...

Done with renting and now excited to buy first home

I finally decided to get out of renting and buy my own studio apartment. Before I proceed I need to pay off debts. I’m planning to use a loan from my 401k to pay for the down payment and use some to p...

Applying for a loan with lack of employment history

I recently started a new W2 job and I have a written letter of employment. Prior to this I left the industry to raise my children. I have good cash saved up, excellent credit history, no debt and can ma...

I want to know the lowest amount you can borrow in 2022

What’s the lowest amount you can borrow in 2022? Some say $60k while others say $80k. Does the type of property matter?

Moved to Florida and we want to buy a new home

I moved to Florida from New York a few weeks ago. I currently own a townhouse that’s being rented. Townhouse has an FHA loan where we currently owe $102k. We would like to purchase a new home here in ...

Refinance for son's college education

Hi, I spoke with my lender to ask for a cash out refinance. They asked me what it was for and I told them that it was to pay off debts. After checking on our current loan, the lender called me and said ...

my mortgage bank has my intrest at 9 percent and refuse to lower it