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Tagged with: mortgage
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Ahmed Hasan
2 days ago
I am an independent IT consultant on (1099) status.

I can put 10 - 20 % down on a 400 k home and have a 750 + credit score.

Would I be able to qualify? OR do I need to have a full-time job in order to qualify for the loan?

Thanks
I am an independent IT consultant on (1099) status.

I can put 10 - 20 % down on a 400 k home and have a 750 + credit score.

Would I be able to qualify? OR do I need to have a full-time job in order to qualify for the loan?

Thanks
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69
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Carla Palmer
2 months ago
My loan originated in 2005 and I have paid MIP for 12 years now. My home value, per taxes, is way more than my original loan amount and I owe about 79% of the original loan value.

How much longer do I have to pay the MIP?
My loan originated in 2005 and I have paid MIP for 12 years now. My home value, per taxes, is way more than my original loan amount and I owe about 79% of the original loan value.

How much longer do I have to pay the MIP?
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79
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Sarah Edwards
3 months ago
My deceased husband name is on the mortgage. Both of our names are on the deed. It is our homestead and I would like my name to place on the mortgage. I'm now paying the mortgage
My deceased husband name is on the mortgage. Both of our names are on the deed. It is our homestead and I would like my name to place on the mortgage. I'm now paying the mortgage
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Otes Montina... Asked 1 more question
4 months ago
My wife and I are looking forward to buy our first house. Each of us have 2 credit cards. Our credit scores are range from 630 to 660. We know that we have our wait for 2 years from the discharge date to qualify for mortgage. My question so that, can start looking now since it's only 4 months away or we have to wait for actual date which is 3/31/2017
My wife and I are looking forward to buy our first house. Each of us have 2 credit cards. Our credit scores are range from 630 to 660. We know that we have our wait for 2 years from the discharge date to qualify for mortgage. My question so that,... (more)
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115
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Dennis Carroll
5 months ago
I have applied for a mortgage on a single family home, where the down-payment is 60% of the purchase amount. Will I still qualify for the FHA loan if the appraisal value is less than the purchase price but greater than the amount of the loan, I.e., 40% of the purchase price? Does the appraisal need to be equal or greater than the purchase price?
I have applied for a mortgage on a single family home, where the down-payment is 60% of the purchase amount. Will I still qualify for the FHA loan if the appraisal value is less than the purchase price but greater than the amount of the loan, I.e.,... (more)
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Don Frost
5 months ago
FHA Owner Occupancy Requirements

I am looking to purchase a multi-unit building on an FHA primary mortgage. The first property I am considering is a triplex with 2 units vacant, but move-in ready, and one unit that needs a small amount of refurb. I want to rent the vacant units right away (for cash-flow purposes). My question is, how long do I have to complete the refurb and move in?

The second property I am considering is another triplex, but is fully occupied. Could I purchase this building on an FHA and wait until a unit became vacant to move in myself; or would I have to evict one tenant? How long would I have to complete those actions?

Thank you for your help and guidance,

Don
FHA Owner Occupancy Requirements

I am looking to purchase a multi-unit building on an FHA primary mortgage. The first property I am considering is a triplex with 2 units vacant, but move-in ready, and one unit that needs a small amount of refurb. ... (more)
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MAUD MCKINNON
5 months ago
My loan is less than 3 years old and I have never been late on a payment(most of the time I pay two weeks in advance). My credit score is good. It will only save me $100 a month.
If the rates have changed why not give mortgage owners the break without the extra cost?
My loan is less than 3 years old and I have never been late on a payment(most of the time I pay two weeks in advance). My credit score is good. It will only save me $100 a month.
If the rates have changed why not give mortgage owners the break... (more)
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A Curious User
6 months ago
I have an existing FHA-insured Mortgage and want to know if I can get another FHA insured mortgage.
I have an existing FHA-insured Mortgage and want to know if I can get another FHA insured mortgage.
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Jennifer Queen
7 months ago
Since i cant buy a house myself due to mortgage with ex husband and my mom... So i wonder Can my fiance buy a house with low credit score and some debts that he would like to pay it off?
Since i cant buy a house myself due to mortgage with ex husband and my mom... So i wonder Can my fiance buy a house with low credit score and some debts that he would like to pay it off?
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158
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Janice Poss
7 months ago
My refi company is trying to charge me MIP and I've already paid one year's worth of mortgage, plus I have owned for over 18 years. They have in an FHA loan, why is this different than a normal loan?
My refi company is trying to charge me MIP and I've already paid one year's worth of mortgage, plus I have owned for over 18 years. They have in an FHA loan, why is this different than a normal loan?
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