Potential refi on our home

I am looking at a potential refi on our home in Arizona. We bought it with FHA down payment assistance last Feb 2021. We have to pay a prorated portion if we refinance or sell in the first 3 years. Curr...

Refinance to fund retirement, is it a good idea?

I was surprised by the mortgage rates in 2022 as I compared it with the rates I bought my first home way back 1987. This made me think about a refinance to fund my retirement plans. Is this a good idea?

Help with refinance plans

We bought a home back in 2008 which was our second home but became our primary residence from 2010 to 2019. We moved to another town in 2020 so the property became a second home once more. We are not re...

How soon after a borrower dies is an appraisal required?

Lowest loan amount in 2022?

What’s the lowest amount you can borrow for a loan in 2022? I’ve read some articles that say $60k while others say it’s $80k. How can I know for sure? I live in Detroit, Michigan and I plan to buy...

How can I avoid paying for PMI?

My wife and I are looking to buy in Long Island NY. We had a meeting with a lender and they gave us options. I don’t want to do 20% down payment and pay for PMI, is there a way to avoid paying for PMI?

Question on FHA loan

I have an FHA loan and I want to know if the underwriter will use the monthly payment amount that’s through an IBR plan if it’s under this COVID forbearance since it’s not a requested forbearance?

Bank statements loans

How much do I qualify for?

Hi, I look forward to moving to Florida from NY. I spent 2 years with my current employer but will look for a new job when I move. What will determine how much I will qualify for? Will lenders base it o...

I am applying for an FHA loan but I have problems with my address

I am currently doing an FHA refinance on my home. The problem is my license has a different address on it because I moved for a while but came back. I tried to get my address changed but they asked for ...

Having problems with our lender

Why do I feel like our lender is not giving us the best shot to buy a home? We found a home, put in an offer, the owner accepted the next day and we sent our lender everything. We are applying for an FH...

Can you do a cash out refinance with a 580 score?

What is the best loan option for me?

I live in sunny California and this is my first time buying a home. Is it essential to get a pre approval before I go on looking for a home? How much down payment should I save up for? What are the diff...

Loan amount limits for FHA loan?

My family and I have fallen in love with a simple home in our neighborhood that is up for sale. Is an FHA loan just for low income buyers? I would love to qualify and would like to know the loan amount ...

Do you need a 3.5% down for any type of loan?

With so many loan options out there for first time home buyers like me, it can be quite confusing. Is it true that you need a 3.5% down payment for any type of home loan? I live in the Miami area and I ...