Posts Tagged "2007"

I plan on filing income taxes for 2007 year?

on Apr 10, 2013 in Stated Income Loans | 2 comments

Question by careful grl: What is the HAFA program for short sales and why is it called “Cash For Walkers”? Is it true the government is actually paying people to walk away from their mortgage or do a short sale to get out of their home? Is it a good idea and will it work? Thanks! Best answer: Answer by My Take on ItThey are not paying individuals I believe they are paying the banks to shorten the process of short sales. What do you think? Answer below! What's the Story with FHA? It used to be that credit scores were relatively low to qualify for FHA loans. But FHA borrowers today have credit scores at historically high levels due to rigor in the lending environment. Everyone is doing higher quality loans right now, illness even FHA … If you would like more informaiton please visit here… Veterans With FHA Loans How To Get Rid of The Mortgage Insurance A colleague of mine passed on this great tip on how veterans that currently have an FHA loan can refinance to a VA mortgage and save the cost of the mortgage insurance they are paying. If you have an FHA loan then you are paying a mortgage insurance … For more informaiton please visit here… Question by Sweethoney: I plan on filing income taxes for 2007 year? if you owe loans to like check n go places and credit cards will they take your income tax check? Best answer: Answer by Serge MIf you mean will creditors take your income tax refund, approved they can do so only after proper legal procedures. They would have to have a judgment against you for your debts and may be able to use it to claim your tax refund to satisfy the debt. Know better? Leave your own answer in the...

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Q&A: If I filed a bankruptcy back in July 2007 and I had applied for a mortgage from a credit union?

on Mar 6, 2013 in FHA Information | 3 comments

Some cool apartment developing pictures: Apartment Creating Image by bclinesmith If you would like to see more houses click here… APARTMENT Developing Image by Lulu Vision Upper West Side. NYC If you would like to see much more properties click right here… How Obama's Call For Refinancing Mortgages Will Boost The Economy President Obama last night called on Congress to make it easier for families to refinance their mortgages. Noting that many eligible families are having a hard time refinancing, sickness Obama urged Congress to pass a bill as soon as it can that would ease the … For more informaiton please visit here… WILL OBAMA'S REFINANCING IDEA HELP BORROWERS? YES: Homeowners refinancing mortgages at lower interest rates benefits not only borrowers, but also taxpayers and the overall economy. For millions of U.S. borrowers, increased competition and the streamlining of lending reduce monthly payments. If you would like more informaiton please visit here… Many of Obama's New Economic Ideas Won't Pass Refinancing aid for homeowners: Obama renewed his push for federal guarantees that would allow more homeowners to refinance their mortgages and lower their monthly payments. Odds it will happen: Modest. Now that home prices have stopped falling in … If you would like more informaiton please visit here… Question by Rob I: If I filed a bankruptcy back in July 2007 and I had applied for a mortgage from a credit union? What do you think my rate and monthly payment would be if I only put 5% down of say for a mortgage of $ 90000 dollars? If you don’t have a lot to put down, visit what are my other options? Best answer: Answer by Glenn SYou should be able to get an FHA loan with only 3.5% down since your BK was over 2 years ago. You will need a FICO score above 580, for sale but more likely above 620. Most credit unions don’t make FHA loans. Your interest rate will not be effected by your BK. Expect to pay 3.5%-4.5% range. What do you think? Answer...

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