I think I was misguided by my loan officer. I'm in a mess and don't know...

I started a temporary job out of state and rather than rent a property there, decided to buy. I needed additional $ for the down payment and suggested leveraging the equity in my home by doing a cash o...

Will this affect my USDA application?

We are looking to get a USDA loan. My husband has had his current job since Sept 2019 and I’ve read that there’s no minimum required but the last 2 years of his employment will be considered. The jo...

What are costs associated with loans?

I plan to apply for a USDA loan but I’ve heard that when you pay off the loan it is not over. You have to pay thousands on top of the loan you paid off, is this true? I am not familiar with all the co...

Conventional loan after FHA loan

Can I refinance with a credit score of 640 and DTI of 42%? I bought my home for $300k and it’s worth $400k today. I earned $69k a year for two years straight and I have been employed here for 5 years ...

Need a second home for bigger space

Hello, I have an FHA mortgage on my primary home and I’ve lived in it for the past 6 years. I plan on getting a second home and I want to know what kind of mortgage is best in my situation? I plan on ...

House hack plans, how to choose best lender?

Any pointers on how to choose lenders? I’ve been talking with a local lender and we’ve had a pretty good back and forth convo on a home loan. If other lenders would only offer similar products, I am...

Down payment assistance in Louisiana?

We were interviewed by a real estate builder regarding a housing program that they recently launched for first time home buyers. My wife and I had no idea that we would have to pay $50k for a down payme...

Is a HELOC loan application still worth it?

My wife and I are considering applying for a HELOC but are wary if it is worth the time since the pandemic hit. I am with good standing with my credit with decent scores in the 700s. I have been working...

Looking for commercial lenders

Hello, I am ready to acquire a commercial property in Tennessee using a long term buy and hold strategy. I am looking for recommendations for 2022 commercial lenders with the best deals for long term le...

SBA loan qualifications

Hi everyone! Does anyone have experience with SBA loan qualifications? I am looking for a $2M loan for my next purchase. I am not familiar with what lenders look for and I need to know how much down pay...

I want to liquidate my Fannie Mae account of 35 years will there be pena...

Are there lenders who can offer 15% or better down?

I am looking for lenders that offer better than a 15% to 20% down payment for a conventional loan on two rental properties in the Atlanta area. I currently deal with a preferred lender who offers $2k to...

Which lender to pick?

I am currently dealing with an online mortgage lender and my builder’s lender. The builder is charging for 2 months prepaid taxes while the online lender is giving 12 months in escrow. The online lend...

Credit score problems

My mid score is 686 and I plan to go for pre approval since it will be 4 years since I had a bankruptcy. I now qualify for an FHA but I am studying conventional loans to see what offers are out there. T...

Mortgage for disabled housewife

I am a disabled housewife in my 50s and I want to buy a home with my son but my credit is not that good. What can I do before we start looking for a home while I’m working on my credit?