Posts Tagged "banks/mortgage"

What banks/mortgage lenders still offer ‘no income verification loans’ (NIV) or ‘stated income loans’?

on Oct 1, 2012 in Stated Income Loans | 1 comment

Question by thebrock1584: Eligible repairs under an FHA 203k loan? Can someone direct me to a list of eligible repairs that an FHA 203k Mortgage loan covers. We want to but a fixer upper but need to know what repairs are covered. Thank you We live and want to buy in Oswego county NY if that makes a difference. Best answer: Answer by Terry SociaAll the repairs necessary to get it into livable condition if the repairs don’t drive the price up to over 96.5% of it’s value and sometimes it is 80% of it’s value. Check with the lender on this percentage Know better? Leave your own answer in the comments! Question by green: What banks/mortgage lenders still offer ‘no income verification loans’ (NIV) or ‘stated income loans’? use to be know as ‘no doc loans’ –looking for a home mortgage loan –I know that these types of loans require a higher down payment, sildenafil (like more than 20%) and come with higher interest rates, –I’m self employed and would like to know if I can qualify for a mortgage without waiting 2 yrs for tax returns Best answer: Answer by golferwhoworksconforming but only to a 75% loan on the sales price and with a 720 or higher score Know better? Leave your own answer in the comments! What banks/mortgage lenders still offer 'no income verification loans' (NIV) or 'stated income...

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