What is an acceptable credit score for FHA purchase?

What is the minimun credit score that is acceptable. For a 30 yr fixed loan or an FHA.I am looking to get a loan early next year for about $165,000 to buy a duplex/condo in Naugatuck, CT. I am working o...

PLEASE HELP with calculating how much I can really afford

I'm trying to figure out how much a lender is going to suggest I can afford for my mortgage and I have a question: I understand that the current calculation is based on a payment of 31% of your total mo...

Seller credit & closing cost

Hello,I am having an urgent problem,The seller give us $9000 fixing credit, and turns out I can only use it against closing cost of Mortgage,However, the closing cost is only $7800 after 0.35 point orig...

What is a Libore?.

I just called BofA to tell me what my rate will set to when my adjustable loan expires, and she said it will be based on 6month libore.

Buyers are offering 20 to 40% above asking price. How do I compete in su...

Do any of your lenders see the market right to pick a property?

We are first time home buyers in FL. Need someguidance. Wait or buy. Market is bottomed?

Waht exactly is an "Origination Point"? How come some brokers have it s...

Do I have to pay it? Can i opt out?

Can i get financed with this situation? - Please help

First off about income. I make 120,000 as does my significant other. So income in the 240,000's. My significant other has excellent credit in the 700's. I however while waiting to get hired for my job w...

is there such a thing as a wholsale rate? I have a family friend he say...

Is he yanking my chain?

Interested in home equity to p/o 1st and taxes. Wife apply w/o husband ...

Type the details of your question here Need $115k to p/o 1st and taxes. dti should be ok, income $61k(wife only due to husb. bankruptcy, only car $315, 1 cc bal $3k, equity $400k

My friend says we should invest in Vegas Condos. Buy and rent them out...

Is that a good investment? Seems like they have lost a lot of their values? is he right? Is that a good investment

When will the Calfornia real estate market stabilize? I mean the home pr...

We are waiting to buy our first home, but think property value are still on the way down. is that true

What is a good faith estimate? How long into the loan process should I ...

Need more info on Good Faith Estimate

What are the resonable lender fees for a $400K home (condo) purchase?

How many brokers/lenders I should talk to to get an idea as to how much the fees should be? They range all over the place from flat $595.00 all the way to $2000. Anyone has a rule of thumb for me on ...

If we do take advantage of $8,500 tax credit, who do we file it with?

Do we file with IRS? Is it done in next year's Tax return?