Can I get a loan with a low credit score?
How can I get a mortgage with a low credit score? I have had some financial setbacks in the past and my credit score is currently below average. However, I have a steady income and I am confident that I...
What should I know about ARM before applying for one?
What should I know about adjustable rate mortgages before choosing one? I am considering an ARM as a way to save money on my monthly mortgage payments. However, I am concerned about the risks associated...
Pre- approval mortgage letter and paystub
I have been pre -approved letter for a mortgage loan, but I'm having some concerns about my pay stubs. I was preapproved on 4/11/23, I just found a house I want 05/09/23. My highest pay was 30 days prio...
How can I get lower rates?
How can I negotiate a better interest rate on my mortgage? I recently applied for a home loan and was offered an interest rate that was higher than I was hoping for. However, I have a strong credit scor...
Are there risks associated with owning a second home?
What are my options for financing a second home purchase? I am interested in buying a vacation home in a popular tourist destination, but I'm not sure how to finance the purchase. Should I use a convent...
How to qualify and get the best deal?
How can I find the best mortgage lender to buy my first home? I live in a competitive real estate market and I'm worried about being able to afford a house. I've heard that some lenders offer better rat...
Is it a good idea to buy down rates?
My dream is to buy a home in CA, but the market is very competitive. I am a single parent with an income of $100k a year. I have low DTI, and credit is 710 to 720. I have enough for a 20% down so I can ...
Green card holder applying for a loan
Looking to purchase a duplex that costs around $550k to $660k. We would stay in the other half and rent out the other for around $1800 a month. Our income goes up and down through the year, but the mini...
What kind of loan should I get for a farm?
I need a loan for a farm with a house. The farm business makes around $60k gross income annually. I don’t mind living in the farm if a lender requires it. The farm sells for $500k. What kind of loan s...
Applying for a construction loan, how do we compare rates?
We bought the land back in 2019 with a loan and have equity in it. Our house plans are done, and we plan to apply for a loan to build. How can we compare rates from bank to bank? Lender to lender? Do we...
Applied for an FHA but had to quit my job
I applied for an FHA, but I had to quit my job due to sickness. My elderly mom volunteered to be on the loan, but she has no credit due to a lack of credit cards and much debt. We added her to my husban...
Chances to buy a townhouse??
I plan to buy a townhome priced at $230,000 with an HOA of $300. I got pre-approval for a conventional loan. I have $60k saved up to put down and pay closing costs. I still have $20k of student loans I ...
Newbie with loans and confused on requirements
My husband and I are buying a mobile home and a piece of land. This is our first time so we don't really know how this works. We can get $10k from my husbands 401k to use as a down payment. I don't thi...
Can I qualify for a loan? What do I need to do?
I want to become a homeowner badly but I don't know if I qualify. Do I need a co-signer? My only debt is an auto loan and a credit card. I pay $450 a month on my car loan. I make $20 an hour but the ...
What type of loan package is for me?
I am looking for a loan for a manufactured home. The home is in a park, was moved once but is in good condition. Price is $175k and I need to put down 10% What type of loan product is the best in my ...
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