How long do you have to wait before you can sell a home that you purchased with a FHA loan?
Question by Brian: anyone know a lender that does a SIVA program with a 660 fico? Best answer: Answer by Carolinahomerates.comtry gateway…you need 2yrs in same line of employment Give your answer to this question below! Question by Ms Penny Lane is In My Tree: How long do you have to wait before you can sell a home that you purchased with a FHA loan? My husband and I recently purchased a home with an FHA loan. Although we enjoy the home, recipe it is not exactly what we were expecting, here we probably rushed into the decison a little faster than we should have. We are wanting to sell the home and go with our original plan. Is their a waiting period between buying and selling a home that you bought with a fha loan? Best answer: Answer by Biggie @ Arbor MortgageThere is no waiting period. There is no prepayment penalty if that is what you were thinking. I don’t know how long you have been in the home, check but it may be a little early trying to sell if you just purchased it no too long ago. Good luck trying to sell! Give your answer to this question...
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Examine out these chateau pictures: Chateau_SeptimoB_Page011 Image by desparlsp Château de la Valette – Pressigny les Pins – Loiret Diario de un antiguo alumno Séptimo 1985-1986 More wonderful houses click right here… Question by Amie T: Apply for an FHA loan before promotion? My husband and I would like to apply for an FHA loan. He is at business training, drugs and will get a promotion when he returns to work on the 13th. He was going to come home for the weekend, and we were considering applying for the loan on Monday (before the promotion). Should we wait until he fully gets promoted, or can we inform the bank that he will be getting more pay in a week and they can confirm with his work? This is just to get pre-approved for an FHA Loan. Best answer: Answer by loanmasteroneIf you would wait to use the potential income from the promotion, your first contact with a FHA mortgage lender should be after you have received your first pay stub from getting the promotion. This then would be the income used for qualifying for your mortgage loan. The lender would need proof of income not hear say or possibilities, the pay stub would prove without a doubt his income. If you were to go apply for a pre-approval on Monday, whatever income was on your pay stubs, W-2 and other proof of income would be used. I hope this has been of some benefit to you, good luck. “FIGHT ON” Give your answer to this question...
Read More[F1 News:]What You Should Know Before You Apply for a Commercial Loan
by telwink What You Should Know Before You Apply for a Commercial Loan Article by Sandeep Thakur For more informaiton please visit here…
Read MoreDo mortgage rates fall before or after weekends?
by SS&SS Question by gdroot1961: Can I get a FHA loan after bankruptcy and foreclosure? I file bankruptcy 2 years ago. I reaffirmed my house then decided I could not afford it. I had two mortgages and we moved out and told bank to foreclose. They sold house and I was told that they could not collect anything owed because of the state laws where I live and that I had filed bankruptcy. Now my credit report shows the bankruptcy but not the foreclosure. So I am wandering if somehow the foreclosure will show up somewhere once I try to get another home loan? Best answer: Answer by RuthRecenlty my friend got home loan of 500000$ for 25 years on 1.5% which should be paid annually my friend doesnt have good credit his credit score is below 500 but still he got loan. I asked him how you got ? He told me while i was searching on internet for Home loan with Bad credit he found a site which contains about 8 links for bad credit so i checked all of them one by one . go to www.dixiloan.com > Home loan Note each link contain different interest rates and repayment period. Take Care Bye! What do you think? Answer below! Question by brendavanvickle: i am interested in applying for a federal grant for home puchase does anyone know of a free on line program.? most programs that i have viewed so far require that you buy there cd’s or books at a ridiculus price. Best answer: Answer by StuartCall a mortgage lending company in your town. They can assist you in getting grants, thumb and have the paperwork right there in the office. Look in the yellow pages under mortgage. Give your answer to this question below! by RON SOMBILON MEDIA, approved ART and PHOTOGRAPHY Question by Raymond: Do mortgage rates fall before or after weekends? I wanted to know if mortgage rates tend to change before or after a weekend. I am planning to refinance my mortgage, medicine but I wasn’t sure if it would be better to do so before the weekend. Would I receive a lower rate before a weekend or after a weekend? Best answer: Answer by bull_rooster_aardvarkLots of things affect the mortgage rates and short term its nearly impossible to tell what they will do, but I’ve never heard of any correlation between rates and the weekend. My advice is, just lock in whenever you are ready. What do you think? Answer...
Read MoreHow many years do you have to pay on a mortgage before you can refinance?
the destruction of Wamu But the majority of Washington Mutual problem loans were prime mortgages and home equity loans. Grind reports that 70% of the options ARM mortgages and 90% of the home equity loans were taken on the basis of “stated income” instead of … For more informaiton please visit here … Question by vixxen: FHA loans do not allow default on a Federal Loan.What if I pay off the loan prior to applying for FHA mortgage? Will I get the loan? I have about 10% down… Best answer: Answer by Jay CFirst of all, decease if you have a previous foreclosure(does not matter if it is FHA/VA/Conventional), information pills you MUST wait 3 years before you are eligible to apply for another FHA loan. This is the critera from the FHA itself. So if it has not been 3 years, I’m afraid you are not eligible for an FHA. Secondly, if it has been 3 years since the foreclosure, and if you HAVE perfect credit since, you may be APPROVED for another FHA. HOWEVER, FHA will TYPICALLY REQUIRE that any outstanding collection accounts be paid BEFORE being able to close on the loan. So whatever amount is showing on any collection(including your foreclosure), must still be paid before you can close. I wish I had better news for you but unfortunately this is the criteria for an FHA Give your answer to this question below! Question by sakof90s: FHA inspections – how fast can they be done? How fast can an FHA inspection for approval be completed? We are selling our condo and buying a house. We are in escrow in both processes. Of course we need to sell to get the down payment for the purchase. Today, sickness our agent called to see if the condo we are selling has been inspected and approved by the FHA. I’m not sure but it sounds like the buyer’s lender wants FHA backing. To our knowledge, website the condo has not previously been approved. We are locked in at a decent mortgage rate, ambulance but there is an expiration date for that lock-in. I don’t want to lose the rate and wonder how long it will take to have the FHA do their inspection of the condo and approve the backing. We live in So. Calif. Any advice would be greatly appreciated. Thank you. Best answer: Answer by boo76Typically if his/her buyer is doing an FHA loan, then the loan company that is doing it for them needs to send their own inspector over. It’s not up to you…the only time you get an inspection is if you wanted to certify that your home is somehow a good buy or something…like a “for the record” type thing…. If the buyer is doing an FHA loan, then the lender should be sending an inspector over anywhere from 30 days before the closing and up until about 2 weeks from the closing. When is your closing date for the buyer? If it is w/in the next 30 days expect someone to come inspect the home in the next few days to couple weeks… Hope that helps…. Give your answer to this question below! by elycefeliz Question by John L: low mortgage rates, order how long will they last? Since the bailout of Freddie Mae and Freddie Mac, viagra mortgage rates fell, correct? 1. Why? 2. How long will this last? I’m looking to buy a house within the next two months, and I don’t want to miss the low rates. Best answer: Answer by Howard LMortgage rates have dropped a bit...
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