Check out these mansion pictures:
Mansion House
Image by Terry Hassan
Mansion Home on Mansion Property Street close to Bank junction.
If you would like to see far more houses click right here…
Question by uatafoya: Does anyone know any wholesale lenders that do 100%?
I am looking for wholesale lenders that do 100% financing SIVA/SISA and Full Doc in California.
Best answer:
Answer by network marketing helper
I saw a banner at http://www.mygalaxyproducts.com for dropship wholsalers, medications the products seemed good as did the prices i was looking into it, doctor im sure that would work good for you..
Tyler..
Executive Director
Automatic Builder
Create passive income from home
http://www.workathomefree.ws
What do you think? Answer below!
Question by Saul S: Can I get a home loan without a 2 year work history and a bachelors degree?
I graduated in May 2011 with a bachelors degree in Criminology. It was hard to get a job, for sale but in July 2012 I stated working in county jail. I been working there for the last 5 months, order my gross income is approximately close to $ 13,000. My credit score is around 720. I have 2 credit cards with a total balance for both of $ 1,500. I never been late with my payments. I have around $ 8,000 in my savings account.
I applied directly with Wells Fargo. Since I didn’t automatically qualified for the loan due to work history, they had to send some paperwork to the underwriter. I have to wait 4-6 days for notification.
What are my chances of getting a home loan?
Thank you
Best answer:
Answer by Ariaread
NO. You must have full time employment for 2 yrs. The lender requires you to provide your tax returns. The regulations will NOT be waived just because you have a degree
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Question by Random_Girl: When buying a new home, price can we finance fix-up money in?
If we’re looking at a house valued at around $ 98K, but selling for 81K, would we be able to finance an extra 10K into the purchase for repairs and such, and if so, would we face a higher interest rate or a different type of financing?
Thanks!
We’re in Dallas/Irving TX
Best answer:
Answer by Henry
You would basically get a home equity loan for the difference. You can do whatever you want with that money, usually.
Good luck!
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Question by Drum Wiz: Can I refinance my home loan since I have been laid off from my job?
I was laid off from my job a few months ago, rx and my current home loan is current with no late payments. Things are starting to get tight on our finances. Are there programs or companies that will provide refinancing when someone has been laid off?
Best answer:
Answer by Judy
No.
Don’t even tell your credit card companies that you are unemployed.
They will report any changes in your employment status to your credit report.
Other creditors, approved when they monthly check your reports will notice that check mark.
This may cause a snowball effect.
Credit cards will call you risky and raise your rates, and cut your limits on all the cards.
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Question by CuriousStar: how comes that reverse mortgages have no fixed duration ? what if?
you live long enough that the loan you are recieving on a monthly basis; exceeds the total home value ?!!!
Also if your home os worth $ 700, more about 000 in california, sildenafil what is a good estimation on the amount of loan you recieve each month;
Best answer:
Answer by celtmaidn
Read this before “Cashing In” on a Reverse Mortgage. From what I understand, the home owner loses, no matter what.
http://www.ftc.gov/bcp/conline/pubs/homes/rms.shtm
Give your answer to this question below!
Very, VERY good question.
When reverse mortgages first came out, account executives would come by my office and as soon as “reverse mortgage” came out of their mouths, I told them I didn’t want to hear about them. I told them under no circumstances, was I going to scam elderly people.
That is because I didn’t fully realize how they work.
They are a risk for the lender as well. Very similar to insurance polices: Insurance policies have some people that have collected more than they have paid in, but MOST people have paid in more than they collect…therefore, that is how insurance companies make a profile.
Reverse mortgages are the same way….most people don’t live to see their equity maxed out, and that balances out the very, very few who do max out the value of their home.
Lenders carry insurance to protect them to a degree. If you received payments of, let’s say, $ 400 per month and maxed out the value of your $ 700K home, you would CONTINUE to receive the payments…on, and on, and on. Even if that means you exceed the value of your home….and you still continue to live there. They cannot evict you.
These are very, very complicated transactions, and are not given to everyone that applies. The criteria is steep, but with as much equity as you have, yours won’t be a problem.
I would highly recommend that you don’t do a reverse mortgage with a loan officer that does these with 200 other mortgage products…find one that specializes in reverse mortgages, and that will be the best person to help you.
I hope that helps!