Question by JohnPau2010: Does lenders every give home loans with ZERO closing costs ?
1) Are there any banks which can give home loans without charging us any fees, order abortion etc ?
2)They are already making 3 times our loan price at the end of the 30 years, treatment why do they still take the other fees ? (originating, about it closing….etc)
Then they should give us an option if you stay with the same bank for “x” years we will refund the closing costs
Best answer:
Answer by Ryan M
1) Nope
2) Because if you refi with someone else OR if you pay off the loan early, then they don’t make all that money.
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Question by Renaisannce Man: What are some ways to get closing cost assistance when purchasing a home? I can accept up to 6% from seller.?
I have been approved for an FHA loan. I can come up with the 3% that I have to put down. I have found the ideal home and I have been thinking about making an offer. It is very affordable for me as far as making the monthly mortgage payments but I don’t have the estimated 5K it’s going to cost to settle at this time. I know I can accept gift money…anyone have any other suggestions that could make this work? I do have a real estate agent.
Best answer:
Answer by mister_galager
Make the offer and in the offer ask that the seller pay all closing costs.
It’s a buyers market, information pills and if the home has been on the market for a while, the seller may accept it.
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Question by Lady War: What is the best way to start the home buying process for first time buyers with little or no credit?
I live in GA and I am looking for a home in Douglasville. How do I start the loan approval process?
Best answer:
Answer by Christopher B
Contact a reputable mortgage brokerage. They can run your credit once, viagra and then bounce it off a number of different lenders to see what you would qualify for.
If you have no credit – then you need to get a secured credit card. Spend no more then 20% of the credit amount each month, prescription and then pay it off at the end of the month. Apply for a couple if you can get them – but keep them at no more than 20% of your credit limit, and pay them off at the end of the month.
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