my landlord has a home property he lives in and approximately 11 additional rental properties.
Depends on state law but I'd be very concerned that you might get a knock on the door and the sheriff asks you to vacate today. In some counties you can follow the progress of the foreclosure on line. Check if you can do this and you might be able to see if it is about to go to sale or if it has been delayed.

Are there any no doc loans or stated income loans available?
Very, very few and in many states, not available at all. You will pay a way higher rate, have a very large down payment and be overly qualified in every way.If you are of retirement age and have substantial liquid assets you might qualify for a asset depletion loan, that is where the lender assumes you...

Mortgage for two-family home which buyer wants to occupy as a single family home
I would digress from some of the other advice given here. It may depend on the layout and physical configuration of the home. Can the two units be easily connected with minor changes? Is the second unit more of a mother-in-law unit or is it a full 50/50 split? If its a 50/50 and not easy to combine the two you...

Can you mortgage a home without fannie or freddie?
I'm not sure what your aversion to Fannie or Freddie might be, perhaps you have a unique property or out of the box personal situation. What you are seeking is called a portfolio loan. I'd suggest talking to a small or mid size regional bank or credit union in your community or checking with some local...

Can i use income from a non borrowing spouse?
I'd have to agree, but would note one thing, the non-borrowing spouse can contribute towards the down payment if they hold the funds in their sole account. This is done via a gift letter and proper paper trail of the source of the funds from the spouses account to the closing table.

what is the best no cost refinance 30 year rate in CO springs for Feb 10, 2014 ?
My best rate would be dependent on your credit score, loan amount, LTV and property type. Is this a cash out refi or a rate and term? Would a loan that is fixed for 5,7 or ten years and amortized over 30 be a option you would consider if the rate was substantially lower for the intital fixed period? I would be...

could i go zero down for VA with a 620 credit score?>
My only question is where did you get your score from? There are dozens of credit scoring programs out there and many are set up for evaluating credit risk for credit cards or other consumer loans. Lenders us a uniform standard for mortgage lending called FICO scoring (which is from the Fair Isaac CO) to...

non occupant interest rate vs occupant interest rate
It depends on your loan-to-value, but at 75% LTV figure 1/8 to 1/4% higher.

can my husband use my va benefits to get a mortgage
I believe you could give your husband a Power of Attorney to sign the closing docs for you if you are traveling, but you do have to be the primary borrower and sign the intial loan application and a good bit of the approval would be on your credit history..However, as others have noted, VA is somewhat...

Options for newly divorced with lower credit
Assuming the payments were not related to a mortgage and your income/down payment are adequate you should be fine. If they were related to a mortgage it might or might not be a issue. Feel free to contact me to discuss furhter, or visit www.mtnmortgageguy.com to learn more about me and my company. ...

are there income requirements or caps for FHA mortgage?
No but there are loan amount limits. For Boulder it is $408,250 for a single family home. Some condo complexes might not be eligible, but most probably are. Call to discuss furhter! Chris Neuswanger 970-748-0342 or visit www.mtnmortgageguy.com to start an application on line!

would i get a no mortgage insurance loan with a 733 score and 8% down?
A loan with less than 20% down requires some form of mortgage insurance, I don't see any reason why you could not get MI as long as you otherwise qualified for the loan. MI is usually available with as little as 3.5-5% down. If you would like to call and discuss the details of your situation please call me at...

When i lok at rates and there is apr, is that what i should go by for lenders?
APR is a very inaccurate way to compare mortgage loans. If you are looking at an adjustable rate loan don't pay a moments attention to the APR, it assumes the underlying index of the loan will NEVER change for the next 30 years, whichis an absurd assumption but is what the Govt. says has to be disclosed. If...

Can a non occupying co borrower gift 5% on a conventional?
Generally yes, in some cases the occupying borrwer may also have to contribute 5% of his own funds, but now always. We represent about 35-lenders and the requirments vary by lender and loan program. I would need to talk to you directly to figure out the best scenario. Chris Neuswanger 970-748-0342 or...

is there an inspection for fannie loans like with fha?
You will be required to pay for an appraisal of the value of the property but there is no inspection fee for either Fannie or FHA. Beware that FHA loans require the appraiser to note any notable code violations (such as missing smoke detectors or railings) and any deferred maintenance such as peeling...

Too late to switch lenders?
Kalina Did you get your issues worked out? If not please call me and discuss further. I've been originating mortgage loans throughout the State of CO for 20-years. My website is www.mtnmortgageguy.com. Located in Vail but serve the entire state. Chris Neuswanger

Hi if i am going to get prequalified do i need to provide my credit score
I agree with what the others have said. I did just put up a blog post about managing your credit score and you might find it interesting reading. Go my profile and click on the blog and you'll see it. Sorry I can't help you in Tennessee (I only operate in CO) but good luck! Chris Neuswanger "The Mountain...

Better to go fha or conventional with 678 credit?
I noticed you are in Vail, I'm just down the road in Avon. Please give me a call and would be happy to work through your options. Also, if you planned to buy a condo beware there are only a couple of condos in Eagle County that are FHA approved. Townhomes, duplexes and single family homes are eligible. My web...

can va loans be put toward a vacation home if our first is not through va?
I concur with William, VA is only for owner occupied. I am located in the Vail/Avon CO area but serve the entire state. If you would like to call and discuss other options please call or email me. My website is www.mtnmortgageguy.com Chris Neuswanger, Macro Financial Group

Why is a construction loan changing into a permanent 30 year mortgage loan depend on an appraisal for the amount of the permanent loan. Why isn't the permanent loan the same amount as what it cost to build?
The terms and eligibility requirements for your permanent loan will be determined by the lesser of either the appraised value when the house is done or the cost. Your permanent loan will probably be sold to Fannie mae or Freddie mac and they require an updated appraisal. Call if you would like to discuss...