HARP 2.0 and LTV less than 80%?
Yes it is possible to secure a HARP 2.0 with a LTV less than 80%.Some Lenders have overlays that prohibit this, but we do offer this as an option.Please conatct United American Mortgage at 800-708-5626 x 110Thank youAl Hensling

my husband owned a home, i was not on the mortgage/deed, he foreclosed. Do i have to include him if i take a loan?
The ability to exclude a Spouse is dependent on the Loan Program you are utilizing to purchase. FHA requires that Spouse Credit and Obligation be counted in the analysis.If you have sufficient Down and Income to Qualify for a Conventional Loan you can exclude a Spouse.Dependent on the time since the...

Why would my husband want the loan in his name only?
There are a number of reasons that he would not want you included on the loan. If you do not have any income, credit history or potentially poor credit it may be possible to obtain a loan with more favorable terms by nt including you on the loan. In many States you can still be on Title to the Property without...

What is the waiting period for refinance after short sale?
Your individual circumstances would predicate the waiting period. New programs just released allow Borrowers to purchase one day out of Short Sale even with late payments.

Is a home loan possible/
Depending on the extent of the credit issues it is very possible to obtain a Low Down Payment Loan.Please contact me at 800-708-5626 x 110 for a No Cost AnalysisThank youAl Hensling

Is it possible for someone to be on the mortgage but not the deed?
Yes it is possible to have someone responsible for the Mortgage Obligation and not have any claim to the property.

I have recently inherited a home from my mother who just passed away. My sister and I are joint owners. Can I refinance with VA?
Yes it is possible to refinance the home with your Sister. It is a process that most Lenders are not familiar with. We are an Approved VA Lender and would be pleased to assist you.

How is one broker able to offer one rate and another a different rate?
Just like any product that a consumer may purchase, getting a loan is essentially Buying Money. As with any purchase a smart consumer will seek out the the lowest rate at the lowest cost. Lenders have different expense and profit margin expectations. A good low cost service provider (Lender) can offer a...

DO YO KNOW ANY BANK THAT CAN DO MORTGAGE WITH DTI 47%?
There are other considerations to consider other than just the DTI. We have had success with much higher DTI's than that if there are other compensating factors.-lease feel free to contact our offices to discuss the specific details of your transaction.-Al Hensling United American Mortgage...

What is the minimum score needed for a FHA loan?
We currently offer FHA with FICO's as low as 580.

Can I Qualify for a VA Loan if I’ve Declared Bankruptcy in the Past?
A Bankruptcy does not preclude your ability to obtain VA financing.To determine your eligibility please feel free to contact me at 800-708-5626 x 110.Al HenslingUnited American Mortgage NMLS 1942

Should I add my self to my sons loan if my credit is lower than his?
Lenders guidelines require that loans be priced based on the Lowest Borrowers Mid FICO Score. Your 580 score would adversely affect the cost of borrowing. In many cases a 580 score would not even be acceptable. The Short Answer is YES it would cost more with your score.

Can you get ANY type of loan without 2 years of W-2's?
Hello Irm808,There are a number of loan programs available for your situation.Please contact me at 800-708-5626 x 110Thank you,Al Hensling