I have a middle score of 700 and shopping for a home loan in the price range of $300,000. My income is 66,000. My husband has income of 45,000, but his middle score is below 600. What are our options at this time?
Hi Adrienne,The easy answer to your question would be to try and qualify on your own. If your debt to income ratios are too high, then we can explore a few options:1) Use your husband with his current credit scores- this scenario will have tighter lending restrictions2) Raise your husbands credit,...

Is there such a thing a doc-free mortgage
No Doc loans do not ezist anymore.Bob SchianoAimfc@aol.com

Is the 5/1 ARM good for refinancing currently?
With fixed rates at a all time low it would be much better to refinance into a fisex rate.Bob Schianoaimfc@aol.com

Should I do conventional refiance at 4.4% or FHA @ 3.25% with PMI at 113.00 a month? My current loan is 4.875?
we can do a conventional mortgage from between 2.75% and 3%. call my office and ask for Kevin Bailie at 888 660 3033.Bob Schiano, President

I have 2 mortgages; 4% and 9%, No PMI combined 90% LTV. Is it possible for me to refinance and combine both loans without PMI?
Depending on the home value. we need to get to 80% loan to value to eliminate PMI.But we can combine both mortgages into one low rate at 3%.call Kevin Bailie in my office at 888 660 3033.Bob Schiano, President