Where are some good places to apply for a home loan with bad credit?
Question by : Where are some good places to apply for a home loan with bad credit? My husband and I are currently trying to fix our credit. We are also shopping for a home loan. We live in michigan and I am looking for mortgage companies willing to work with people with bad credit. Best answer: Answer by MadManLook for an FHA lender. If your credit score is less than 620, buy information pills clinic you will not get a mortgage anywhere and you need to clean up your credit first. What do you think? Answer...
Read MoreWhen can one apply for a FHA loan after a foreclosure?
Question by MissFixIt7: When can one apply for a FHA loan after a foreclosure? I foreclosed on a home about 3 years ago. When can I apply for a FHA loan? Best answer: Answer by ? Bunky ?It is usually 7-10 years before anyone will give you a loan after a foreclosure. Add your own answer in the comments!
Read MoreI want to apply for an FHA loan, but my wife owes 70,000 in student loans. Will this affect me?
2012. Year of the Short Sale Article by Jeff E Donnellan More informaiton please visit here… Find More Harp Streamline Refinance Articles Question by : I want to apply for an FHA loan, hospital but my wife owes 70, visit this 000 in student loans. Will this affect me? I owe 11, what is ed 000 myself, but both loans are consolidated in our own names, not seperate. I have had the same job for 5 years and she is unemployed. Can I apply for the loan by myself? Best answer: Answer by Peter BSure,you are going to have to qualify on Your income alone. Add your own answer in the...
Read MoreMoving 2another state,should we wait to apply for FHA loan ?
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...
Read MoreWhen to apply for an FHA mortgage loan?
by Andrew ‘s Transport Photographs No Doc Loans In The Post Housing Bubble Market Article by Ron Stone For more informaiton please visit here… Find More No Doc Loans Articles Question by OCgal4ever: When to apply for an FHA mortgage loan? I am half way to my 3.5% down, treat when can I apply for the loan? Do I have to have all of the 3.5%? Best answer: Answer by Ryan MYES!!!! Give your answer to this question...
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