Does anyone know a mortgage company or broker that goes by FHA rules?
Check out these massive residence images: Construction at Michigan Stadium (the Big Residence) – University of Michigan’s Football Stadium Image by cseeman Massive rennovations at the Huge Home – Michigan Stadium – at the University of Michigan’s Ann Arbor Campus. If you would like to see more houses click right here… Hasty Loan Denials of HARP Refinance Applications Mislead Thousands of … National Mortgage Lender Network, abortion HARPMortgageLender.com (http://www.harpmortgagelender.com), drugs blames hasty loan application denials for the most recent report of low HARP Refinance numbers for severely underwater homeowners provided by the … If you would like more informaiton please visit here… Question by QandA: Is there an income limit on 203k renovation mortgage loans? I know theres limits on a regular FHA mortgage, cure was curious if the same standards apply. Best answer: Answer by glennThere is not an upper limit on income for an FHA 203 K or a more common FHA 203b. These are not subsidized loans. You do have to make enough money to qualify for the payments. a 203 K is to help with renovation. You have to come up with solid bills (not simply rough estimates) for the repairs and sometimes these can be pretty much impossible to come up with. But if the house works out and the lender knows what they are doing and the seller is willing to have patience and you as a buyer understand how this works- it can be done. What do you think? Answer below! Question by Phillissa: Does anyone know a mortgage company or broker that goes by FHA rules? I’m trying to get a mortgage loan but having a bit of trouble because I am paid commission. I’ve now have two years of commission on tax returns, treat but one year and a half was with one company and the other 7 months were with a different company in a different field. I called FHA and they said I would qualify for an FHA loan under there guidelines and that I don’t have to hold a certain position for a certain amount of time as long as I have two years commission on taxes. They even sent me an email with the rules on that to confirm. Some mortgage companies agree and some don’t even though they claim to do things the same. I found two companies that does things FHAs way but they are so busy they are taking a long time to get me a pre-approval. Is there anyone that is fast and on top of things that is okay with our situation? I’m in Austin, view TX. I wouldn’t mind going convential either if need be. Best answer: Answer by godgedThe FHA is a guarantee, they are not the lender. You are going to have to comply with the rules of the specific lenders and wait it out. Give your answer to this question...
Read MoreHow can the appraised value of a home be ok with a mortgage lender yet be too high for a PMI company?
by 350.org Question by Daniel G: Do personal loan underwriters spend a lot of time verifying income or do they rely on credit score? Do personal loan underwriters spend as much time as mortgage loan undertwriters verifying income? I know mortgage loan underwriters spend days checking a loan and have tools to check docs. Do personal loan underwriters follow the same guidelines? Best answer: Answer by kellyyes they do they need both statements and information that support what you have written down to make sure that you are not a risk worth taking. Give your answer to this question below! by marsmet526 Question by Allison: why is my FHA mortgage banker refiance taking so long? We have had our complete FHA refinance package with the underwriting 2 weeks today. The loan officer tells us that it’s a more difficult file to process but says all looks good. I asked if they want to see any more documention and he told us that they haven’t asked for anything. We are getting concerned. If everythink looked fine, symptoms but they wanted some more documentation, wouldn’t they approve with stipulations? What could the hold up be? And at what point do we walk away and go with someone else? Best answer: Answer by MoneyMonkeySometime the squeaky wheel gets the grease. Ask him for a deadline, and keep calling him politely every day until it is complete. Ask him outright if you should be looking for a loan elsewhere. Add your own answer in the comments! Question by Manny: can i sue chase bank for selling my mortgage with good credit during a HARP application? During my application for modification or refinancing program to get a lower rate, information pills after 4 month back and forth with paper work, without any detail explanation, the letter said I was not qualified I never been late in payments, our credit scores were above 740 & 760 and we could make our payments,but our mortgage was underwater and this was the purpose for refinancing. Two month later our mortgage was sold to LBPS/Seterus a motrgage service company. Best answer: Answer by A HunchSeturus a mortgage service company. They don’t own the loan, so Chase couldn’t have sold them the loan. They service the loan for the owner. Was Chase the owner? Is Chase still the owner? Was Chase ever the owner or were they a servicer too? Know better? Leave your own answer in the comments! by Center for American Progress Question by ruby: How long is the process of a Home Affordable Modification Program with a bank last.? I’m in a Modification Program with my bank since April and they are giving me the run around. My three months trial period had ended. They ask me for document which i presented, there now ever other week they are asking for the same documents or something new. I pay my mortgage on time and i have done ever thing in my power to please this bank. I have a lawyer on the case but nothing have change and i don’ t have any money to seek another. How can i resolved this situation. Best answer: Answer by linkus86Loan modification is subjective Stay prepared and make copies of everything. Don’t be afraid to seek another contact person in regards to the modification. Be tenacious in your efforts. Give your answer to this question below! Question by A A: How much could I get a mortgage for if I make 31k a year? I’ve been hearing about this 8k home credit if your a first time homebuyer and...
Read MoreQ&A: Does anyone know of a mortgage company that offers FHA financing for mobile homes?
See How To Qualify For New HARP 2.0 Program – Government Recent … “New Home Affordable Refinance Program 2.0 requirements for eligibility have been relaxed by the Obama administration; now the program will extend its help to more number of homeowners. Borrowers who want to refinance their mortgages to get more … If you would like more informaiton please visit here… Bill will help more homeowners refinance Supporters of the bill note that although recent changes to the Home Affordable Refinance Program were a step in the right direction, approved they left in place barriers that will keep millions of borrowers trapped in higher interest loans. The revised version … For more informaiton please visit here… Options for Foreclosures People who don't qualify for HHP may qualify for other programs available, including the Home Affordable Modification Program, Home Affordable Refinance Program and others. McGavin pointed out that Gov. Pat Quinn signed the Homeowner Protection Act in … If you would like more informaiton please visit here… Question by Whitney: Does anyone know of a mortgage company that offers FHA financing for mobile homes? Please leave their contact information. 🙂 Thanks! We are in Texas. FHA does offer Manufactured home financing- this deal also comes with land Best answer: Answer by Doctor DethMobile homes are NOT real estate – you cannot get any kind of “Mortgage” on them – only a personal loan, visit this site which will be a higher interest rate and probably require 20% down – they decrease in value over time What do you think? Answer...
Read MoreQ&A: do you think that the mortgage company that holds my 80 year old moms house for her arm loan would consider n?
[cr] by superflexnet Question by I’ll_Beat_U_At_Pacman: What’s the best way to find the lowest mortgage rate possible after getting an accepted offer? What do I need to do to know I am getting the best mortgage rate possible (just got an offer on a house accepted) – I live in Indianapolis, about it likely will get a 30 yr fixed. Any ideas on what kind of rate I should be looking for Best answer: Answer by Not IThe rate is dependant on How much of a mortgage, erectile how much down payment you have, sickness Your credit score, your debt to income ration. Start with the bank where you have your checking and savings. Look online what the National companies are offering. Wells Fargo and such Know better? Leave your own answer in the comments! by jann_on Question by Bman: For a Making Home Affordable loan modification, cure is amount of equity considered in the approval process? A representative at my lender mentioned if you have over 30% equity in your house, ampoule the modification can be denied based on that. But a counselor at the Making Home Affordable Hope Hot line told me that the equity should not be considered for approval. Best answer: Answer by godgedAsk the counselor to provide you with a link to the information that states the amount of equity is not to enter into the equation. SHOULD NOT is very weak footing though, if the information really says should not, the lender can deny you based on your equity. Best of luck to you. Know better? Leave your own answer in the comments! US Seeks to Stop Predatory Loans Reports Watchtower Mortgage “This means that lenders can no longer offer no-doc, drugs low-doc loans, site where lenders made quick sales by not requiring documentation, then offloaded these risky mortgages by selling them to investors,” the CFPB said. About Watchtower Mortgage Watchtower … For more informaiton please visit here… Federal agency issuing more rules to improve mortgage and foreclosure … The final rule also carries out Dodd-Frank provisions that, for mortgage and home equity loans, generally prohibit mandatory arbitration of disputes related to mortgage loans and the practice of increasing loan amounts to cover credit insurance … If you would like more informaiton please visit here… PBS Frontline's 'The Untouchables' Investigates Lack Of Wall Street … Commenting on clips from the episode showing former home loan underwriters explaining how they would laugh as they pushed through mortgages that were too expensive for the borrowers, Smith said this type of behavior was "very frequent and common … If you would like more informaiton please visit here… Question by forever late: do you think that the mortgage company that holds my 80 year old moms house for her arm loan would consider n? consider a reverse mortgage instead of a arm. instead of forclosure next week, pills the broker who arrnged the loan gained her trust helped her with finacial advice taught her online banking, a fidicuary relationship with intent to mislead her into using all 450,000.00 for his gain, said if she let him take the money and put it in to his company with a prommisary note w/balloon payment,in return he will pay her 5.000. interest, which he did for awhile then skipped payments then made payments that then said loan payment on receipts, ( iy is interest only note) and now cant pay anything he lost it all says so sorry your first in line when economy is better. her mortgage payment has gone from appox 1,670.00 to 3,775.00 a month, by the...
Read MoreFotoloco The Alexandra Condominium Halloween Celebration by Ortigas and Company 046
Check out these condominium images: Fotoloco The Alexandra Condominium Halloween Celebration by Ortigas and Organization 046 Image by FOTOLOCO! Fotoloco photo booth photographs @ The Alexandra Condominium Halloween Party | Ortigas & Firm | Viridian in Greenhills | All-you-want photo prints from Fotoloco photo booth A lot more fantastic homes click right...
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