Mortgage Push, Deutsche Bank, College Finance: Compliance

Posted on Feb 7, 2013 in Unique Loan Programs

Some cool condominium images:

Fotoloco The Alexandra Condominium Halloween Party by Ortigas and Firm 002
condominium
Image by FOTOLOCO!
Fotoloco photo booth photographs @ The Alexandra Condominium Halloween Celebration | Ortigas &amp Firm | Viridian in Greenhills | All-you-want photo prints from Fotoloco photo booth

Much more great homes click here…

Fotoloco The Alexandra Condominium Halloween Celebration by Ortigas and Company 031
condominium
Image by FOTOLOCO!
Fotoloco photo booth photos @ The Alexandra Condominium Halloween Celebration | Ortigas &amp Firm | Viridian in Greenhills | All-you-want photo prints from Fotoloco photo booth

For far more houses click here…
Question by Jessie: Who is the best company to get a home loan through with bad credit?
I have pretty bad credit and I need a home loan, prostate but I don’t want to get screwed.. does anyone know who I should go with?

Best answer:

Answer by jamesnbarnes
Define “bad”? I would go to www.communityempower.com and enroll in their program ($ 99 I think) and have them assist you with repairing your credit.

Loans for people with truly bad credit (580 or less Credit Score) are hard to get now with over 80 major lenders going out of business since December (see www.lenderimplode.com) making the choice of lenders who handle “B” paper loans very limited for the mortgage broker/banker.

The most forgiving loan is an FHA loan. Find a good lender and ask them to qualify you for an FHA loan. A good Realtor can help you find a competent lender in your area. If your credit is bad because of a one time circumstance like divorce, physician loss of job, accident, death of a spouse, etc., you can probably get a loan with a normal rate (6.25% or so).

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Question by Fauna: About how much should I have saved for down pymt on first house?
Let’s say I were to buy a house for 130-140K. How much should I have saved up for a down payment? Is there a good site to help calculate how to pay for a house and figure a mortgage?
Thanks.

Best answer:

Answer by Frank112
20% of sale price if you want to avoid paying PMI insurance and generally be more assured that you will be the mortgage.

So for 130k-140k, remedy you want to save 26k – 28k.

Give your answer to this question below!
Mortgage Push, prescription Deutsche Bank, medications College Finance: Compliance
Almost 1.8 million borrowers have taken advantage of the Home Affordable Refinancing Program for mortgages backed by government-owned Fannie Mae and Freddie Mac since it began in 2009. The Merkley plan would create a similar avenue for an estimated …
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Number of Underwater Borrowers Declines as Home Prices Rise
For example, for low- to mid-value homes (less than $ 200,000), the negative equity share is 28.7 percent, almost twice the 14.6 percent for borrowers with home values greater than $ 200,000. "Through the third quarter, the number of … At the end of …
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