deanna G asked: I am looking to buy a condo, the price is $70000. What are the chances of getting a mortgage with a credit score of 627 ? (I paid off 2 credit cards last week and it hasn’t shown up yet, so hopefully this will increase my score). First time home [...]
bradwelljackson asked: Is this the profile of the person resposible for the credit crunch: A low-income person who tried to figure out a way to get a house even though he knew he couldn’t afford one?Derick
chocolate cherry asked: My parents who are both deceased gave me the 1st option to purchase their home. I want to buy my sisters out and I want to know if it is better to get a new mortgage or can I borrow money from the equity in the house and pay them off. [...]
stan4bass asked: I applying for a home refinance loan. Mortgage company want me to sign a form to obtain my 05 and 06 income tax returns. Is it required?Yvonne
lizw3006 asked: We are considering buying a home that is need of about $10,000 in small repairs and updates. We were approved for a loan higher than the price of the home. Is there anyway to take out the loan for $10,000 more than the price of the house to put toward the [...]
Missy L asked: what happens to the 20% loan? What kind of loan would it be considered? Recourse or Non-Recourse?Roosevelt
dusty_roade asked: I am recently divorced and reestablishing my credit. I had scores in the 620 range until I disputed some inaccurate items on my report. Cleaning them off dropped my scores to mid to high 500’s because of losing history. I also have limited income. My father offered to cosign a home for me; [...]
C D asked: I was a first time buyer and have been living in t he home for 10 years.Val
Bob H asked: I’m looking for the best rates and they seem to be very competitive. I’ve had checking account with them for 6 months or so and have been pleased with their service so far. Has anyone taken out a home loan with them yet? Was it a good or bad [...]
weezy asked: I am a bit confused at why the interest rate on 15 and 30 year mortgages is rising and the Fed is lowering the interest rate. Shouldn’t the mortgage companies be passing the savings on to the consumers? Isn’t that the whole point behind the Fed trying to help our economy? Just wondering. [...]