I have a va home loan certificate for the amount of 30,000. Does the certificate serve as a down payment?
by Jon Haynes Photography Question by bobieduval904: I have a va home loan certificate for the amount of 30, cheap more about 000. Does the certificate serve as a down payment? I am looking to purchase a home, cheap and i am unclear about the certificate i recieved from the Veterans office. Is the certificate for a down payment. How do i go about using the certificate. And what is the max on a VA home loan Best answer: Answer by Busy Lil BeeGo to the Veterans Affairs website and enter your information it will give you the maximum loan amount. You nromally do not need a down payment with a VA home loan. Are you currently working with a VA Rep. on this and if so what have they told you about your situation? What does the VA certificate say exactly? Sounds like from what you have said – that VA Certificate would be your eligibility certificate. So when you are ready you bring that with you to the Bank or Mortgage Co. to get started with buying a home. A word of warning – VA can be very picky when they send in their experts to inspect the home you are bidding for. Expect that the older the home is – the longer the entire process is and it can be a big pain for both buyer and seller. Meaning if their inspectors (electrical, plumbing, etc.) see any possible needed repairs expect VA to demand those repairs be fixed before the deal goes through! Good luck! What do you think? Answer...
Read MoreWhat does it mean when my lender says that my “loan package has not been released”?
A handful of nice condominium images I located: Fotoloco The Alexandra Condominium Halloween Celebration by Ortigas and Business 100 Image by FOTOLOCO! Fotoloco photo booth images @ The Alexandra Condominium Halloween Party | Ortigas & Firm | Viridian in Greenhills | All-you-want photo prints from Fotoloco photo booth If you would like to see far more houses click right here… by Vietnam Plants & America plants Question by Emiliana Sanjetti: What does it mean when my lender says that my “loan package has not been released”? I am scheduled to close on my home today, mind but the loan officer says that “there is not a problem with the loan but the pacakge has not been released”. I am getting a 100% financing disaster home loan through FHA. I am told that this is why it’s taking a little longer. He doesn’t do a great job explaing things so what does this mean? Best answer: Answer by JeanbugWhat he is saying is that the loan application is still sitting over at the underwriter’s office, more about for whatever reason. If you’ve done your part, then they are most likely waiting for some missing information from the government. What do you think? Answer...
Read Moreare there first time home buyer programs for buyers that have to do stated income?
A couple of good condominium images I located: Fotoloco The Alexandra Condominium Halloween Party by Ortigas and Firm 082 Image by FOTOLOCO! Fotoloco photo booth photos @ The Alexandra Condominium Halloween Party | Ortigas & Organization | Viridian in Greenhills | All-you-want photo prints from Fotoloco photo booth For a lot more houses click here… Question by jjohnson5677: are there first time home buyer programs for buyers that have to do stated income? My wife and I live in California and have to do a stated income loan because we both work for tips for a living. We both have credit scores above 750. Our loan officer said that first time home buyer programs are only for buyers that go full doc. Does anybody know of any local or federal government grants or buyer programs for stated income first time home buyers? Best answer: Answer by Mary BYour loan officer is correct. I have never seen a bona-fide first-time buyer program that was anything but full doc. You DO NOT have to claim stated income b/c you work for tips…can you not count your money at the end of your shift???? Is there some reason that you have no idea of what you have in your pocket? By the IRS guidelines, symptoms you are supposed to be reporting 100% of your earnings to pay the appropriate taxes…what you are doing is nothing short of tax evasion and I am sorry to say, mind federal and state housing programs don’t support that. Now you know the drawbacks of cheating Uncle Sam. I’ll bet if you save up some of that tax-free income you earn, while the rest of us that are honest tax payers pay taxes on ALL of our income, you will probaby discover you don’t need downpayment assistance programs. What do you think? Answer...
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Some cool huge residence images: Sarah and the Big Home Image by crowdive Far more fantastic houses click right here… PPIA visits the Massive Home Image by Gerald R. Ford School of Public Policy Students from the Public Policy and International Affairs (PPIA) summer time institute pay a visit to Michigan Stadium in June 2012. PPIA is an intensive seven-week summer time plan that focuses on preparing students for graduate programs in public policy and international affairs. Find out more about PPIA: www.fordschool.umich.edu/ppia/ For much more homes click here… PPIA visits the Big Property Image by Gerald R. Ford School of Public Policy Students from the Public Policy and International Affairs (PPIA) summer institute visit Michigan Stadium in June 2012. PPIA is an intensive seven-week summer program that focuses on preparing students for graduate programs in public policy and international affairs. Learn much more about PPIA: www.fordschool.umich.edu/ppia/ If you would like to see a lot more houses click here… HARP Program Change Effective January 1, thumb 2013 The HARP loan program has been very successful for the past year of 2012. After the expansion of the original HARP, the Home Affordable Refinance Program, the elimination of loan to value caps has made it possible for severely underwater homeowners to … If you would like more informaiton please visit here… Mortgage Bonds Slump as Fed's Buying Boost Fades: Credit Markets Investors speculated the move added to the risks of more refinancing through the federal Home Affordable Refinance Program, or HARP, which helped boost replacement loans by 34 percent to $ 1.75 trillion in 2012, Mortgage Bankers Association estimates … For more informaiton please visit here… Mortgage Rates: Home Sales Up in 2012 While Low Mortgage Rates Remained … Existing underwater homeowners who have loans that were sold to Fannie Mae or Freddie Mac prior to June 1, 2009 can often refinance through the Home Affordable Refinance Program, also known as HARP 2.0. The HARP loan program does not not … For more informaiton please visit here… ?Se rindió homenaje a líder indígena Bartolina Sisa El presidente en ejercicio Álvaro García Linera dijo que la líder indígena Bartolina Sisa, buy compañera de lucha de Túpac Katari, salió a pelear contra los españoles para que gobierne el pueblo y no una pequeña élite, al señalar que cada 100 años pasa … For more informaiton please visit here… Suasana Kondusif, Aparat Bersihkan Material Sisa Bentrok Sigi REPUBLIKA.CO.ID, PALU — Aparat kepolisian dibantu pasukan TNI mulai membersihkan material sisa-sisa bentrok antarwarga di Kecamatan Marawola, Kabupaten Sigi, Sulawesi Tengah, Selasa. Aparat keamanan juga mulai membuka jalan yang sempat … More informaiton please visit here… Sisa Dana Pungutan OJK Harus Dikembalikan Kepada Industri TRIBUNNEWS.COM, JAKARTA — Sisa dana yang bersumberkan melalui pungutan Otiritas Jasa Keuangan (OJK) bisa dikembalikan kepada industri. Dengan cara ini diharapkan OJK bisa berfungsi maksimal layaknya lembaga pengawasan yang transparan. More informaiton please visit...
Read MoreWhat exactly is a home equity loan and can I still get one with bad credit?
Question by mommy23girlys: Can we get a FHA loan if we just now opened a bank account? We have just opened a bank account. One of the requirements for the FHA loan is 3 months bank statements. Is this going to be a problem? Best answer: Answer by foreclosurefish_comThis will most likely depend on a couple other factors – for instance what assets and liabilities you may have when applying. As long as you have some banking history I dont think that should be your biggest hurdle. FHA loans are more and more popular but there are more guidelines that will be necessary to follow in order to get approved. Add your own answer in the comments! by 666isMONEY ? ? & ? Question by Pantsguy: What exactly is a home equity loan and can I still get one with bad credit? I do own my own home but am still paying off my mortgage. My son needs more money for college and we’ve tapped out on student loans and my credit cards are all maxed. I was wondering what I could do and thought that a home equity loan with bad credit might be an option. I don’t know if it’s a good idea though. Best answer: Answer by AnjellYou have ownership of the home but what you don’t have is free title that’s why you still have a mortgage to pay. A home equity loan is just what is says, erectile a loan that you can access up to or near the value of the equity you have in your home. For example if you bought a $ 300, here 000 home and you’ve paid half of it off, then you have $ 150,000 in equity. That means that the bank could lend you up to that much. The stipulation is that you would need to have nearly sterling credit and still qualify for it. If you’ve already maxed out your other financial resources particularly a credit card of all things I very much doubt you’re going to get an equity loan anyway because you’re already in over your head. I’m glad you want to help your son out with his tuition but he may have to do like millions of other students and get a part time job to help out. Add your own answer in the...
Read MoreLastest Income Vs Home Loan News
Question by NYEVE43: Where would I find informatio on FHA mortgages and if there is anything new to offer single parents? I would be considered first time home buyer. Need to try to get a home. Tired of renting forever! Does anyone know of any new mortgage deals from the govt? Best answer: Answer by kakakosCall a real estate office. They will be able to answer all of your questions. What do you think? Answer below! Question by sarah k: what government agency helps with lowering your mortgage payment? what is the name and contact information for the government agency that is currently in place to help home-oweners refinance home loans at a lower rate. Best answer: Answer by LOCKNLOAD1Government Agency??? Nope, sales they don’t have anything for you yet unfortunatly. However I can refinance your loan if you have the equity and credit or I can get you a modification of your current loan if you don’t qualify for a refinance, I do those everyday. Send me an e-mail with your address, the name of your mortgage company and balances due. Know better? Leave your own answer in the comments! Question by Ms Tee Arrow Condos: How Can an FHA Loan get approved if the by-laws have a Right to First Refusal? I am a Condo Association president. Recently, treat a unit was purchased with an FHA Loan. Our By-laws have the Right to First Refusal, we also have a pending lawsuit with Illinois Department of Transportation and an individual ownership of a common element 2.78%. According to FHA Condo Approval Checklist having these would deny the approval of a loan. Tell me how did this FHA Loan get approved? And, what can we do about it? Best answer: Answer by Ed AtunNo FHA loans are supposed to be permitted in complexes that retain the right to “screen” buyers or “reject” buyers. Your Right of Refusal would usually be cause for FHA to deny financing to a buyer. FHA loans used to go to the local office of Housing and Urban Development for approval. That was so time-consuming that HUD offered local lenders “direct underwriting approval” for FHA loans. The underwriter for the loan in your complex failed to do her job. You could get her fired but the loan will probably remain in place. There is no process in place to “undo” a loan. Add your own answer in the comments! Check out these apartment creating pictures: 11c 746 S Burlington Ave – Italian Villa Apartment Creating – The Morrison (E) Image by Kansas Sebastian Italian Villa Apartment Building, order 1922 746 S Burlington Ave, see Los Angeles, CA Thos. B. Morrison, Builder __________ This 1922 apartment constructing, produced to appear like an Italian Villa, shows that Westlake was still an upper middleclass neighborhood in the 1920’s, (It wasn’t till right after Globe War II that the neighborhood fell into decline as individuals fled to the newly-built suburbs. It looks like somethig Myron Hunt would have made, but actually it could have been anybody. Much more fantastic homes click right here… 11a 746 S Burlington Ave – Italian Villa Apartment Creating – The Morrison (E) Image by Kansas Sebastian Italian Villa Apartment Creating, 1922 746 S Burlington Ave, Los Angeles, CA Thos. B. Morrison, Builder __________ This 1922 apartment constructing, made to appear like an Italian Villa, shows that Westlake was still an upper middleclass neighborhood in the 1920’s, (It wasn’t till immediately after Globe War II that the neighborhood fell into decline as individuals fled to the newly-built suburbs. It looks like somethig Myron Hunt would...
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