Fha mortgage loan….?

Posted on Oct 21, 2012 in FHA Information

A couple of great castle pictures I identified:

Castle Leslie
castle
Image by Sean MacEntee
Castle Leslie

For more properties click right here…

Castle Leslie
castle
Image by Sean MacEntee
Castle Leslie

For a lot more houses click right here…
Question by dgoldenboy67: what is the income and credit requirement for a VA home loan of 0, this 000. ?
I had filed for chapter 13 in 07 for medical reasons, seek but the case was dismissed. Where doI go from here. My credit score is only now 550. My income is $ 80, erectile 000.
Thanks

Best answer:

Answer by Sofa King
You need to make about 160,000 a year to afford a $ 350,000 loan.

[edit] You’d also need 87,500 (20%) down + closing costs, etc.

Know better? Leave your own answer in the comments!
Question by Sherry: If you refinance your home into FHA loan and have 20% equity do you still need monthly mortgage insurance?

With 30 year FHA loans the monthly MI is in place for the life of the loan.

Kind regards, online

Geoff Johnston

Mortgage Relief Specialist

GovernmentRefinanceAssistance.com

480.219.0585 (direct)

760.888.8293 (fax)
After finding the governmentrefinanceassistance.com web site I ask this question of refinancing into an FHA loan with LTV being less than 80% would monthly mortgage insurance still be required and the answer is (yes with a 30 year loan) I wouldn’t have believed it if I hadn’t heard it from a government web site! Any thoughts?
Thanks, Sherry
The reason we went FHA is the processor told me her scores were to low to do conventional cash out refinance.

Best answer:

Answer by Lee N
Typically, treat no. PMI usually is not required if you have equity at 20% or higher. The problem is that right now the value of your home may not be what you think it is. Lenders and appraisers are being a lot more conservative. Good luck to you.

What do you think? Answer below!
Obama Calls for Expanded Refinancing
In his weekly radio address on Friday, cialis 40mg Obama called upon Congress to enact legislation he proposed in February that would enable underwater homeowners to refinance their mortgages into FHA-backed home loans. He said the proposal … The proposal would …
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Real Estate Q&A
If its an FHA or VA loan, viagra 40mg then they can refinance without appraisal. If they have a conventional loan and it was made prior to June of 2009 then they may be eligible for a HARP (Home Affordable Refinance Program) refinance. In these cases, the insuring …
For more informaiton please visit here…

Anyone but Fannie and Freddie
For instance, the loan must be a Federal Housing Authority, Veterans' Affairs or conventional mortgage in most cases. The cost for points and fees cannot … These are important measures that can help with a loan refinance. However, there must be …
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no credit check loans
by MANILA IMPERIAL MOTOR SALES . . . .

Question by MIZ THANG: what do you tik of the online no credit check loans? have you done this?
if you have, viagra what were the terms and who did you go through? i am considering this option but dont know if its safe. i have the income to repay the loan, order i just want to know the experiences with this type of loan….thank you.

Best answer:

Answer by Gary E
If you have the credit history and income to qualify for a loan, order then the best place to get one is a Credit Union or Bank in that order. And once you have setup an account with them, most will provide online access to loan status information and to the loan application process.

If you start with an online “no credit check outfit you are working with a liar right from the beginning. They do check your credit – unless they are not ever going to give you a loan because their scam is to get you to pay a loan application fee or advance interest before you have received any loan proceeds and then never give you the loan.

Unless you personally know someone (face to face – Internet “knowing” doesn’t count) who has had a good experience with a particular online site stay away from them and use a Credit Union or Bank – you know where to find them.

Incidentaly, if you complete an application for a loan or credit card that says it has been preapproved, your credit history will still be checked after the application is received and your application will be handled the same as an unsolicitated application.

Give your answer to this question below!
Question by vee: Fha mortgage loan….?
Can i apply for another fha loan if I’m renting my primary resendence ?

Best answer:

Answer by Landlord
No, buy you can’t rent your FHA property either.

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One Comment

  1. FHA requires that whatever dwelling they are lending on is the primary residence of the borrower. You can receive FHA financing for a multi-family dwelling, but one of the units must be the primary dwelling of the borrower. I have not seen an exceptions yet.