Are bank statement loans legit?
I have been part of the gig economy since the pandemic started and I was wondering if I can still apply for a loan. I have no W2s the past two years and my income is good but not the same amount every m...
Can someone restructure my VA loan?
Hi, I’d like to ask if someone can restructure my VA loan without my signature? My ex wife doesn’t want to refinance to get me out of the mortgage. The home hasn’t been my residence the past 8 yea...
HELOC on a cash out refinance loan?
I have a question, can you do a HELOC on a Cash-Out Refinance Mortgage? Once tax season ends, I’m going to add a 3rd investment property to my portfolio this 2022. I did a cash-out refinance last 2021...
Question with my VA loan
Hello everyone I have a question regarding VA loans. If a vet uses a zero down payment to purchase a house and the house doesn’t appraise for the loan amount, can they come in with cash to cover the d...
Paying 2 mortgage while trying to sell
I have a question for those paying 2 mortgages while trying to sell. Can you deduct interest on your taxes from two homes if you’re paying the mortgage on both properties?
Can banks change the terms of your loan?
I’m fully aware that banks usually sell mortgages. My question is, are they able to change the terms of the loan? Specifically, are they able to change the minimum amount of insurance you must have?
Claiming a refund as we apply for a loan
Can someone who is well-versed with loans confirm something for me? My husband and I file taxes together and we want to buy a new house. We haven’t bought a house in the last ten years. My husband and...
Dallas, TX - Sep 12th 2022
This question has not yet been answered.
Submitting bank statements for my loan application
Hi, so I was supposed to submit the last 2 months bank statements with my mortgage application. My new statement comes out in 3 days, and it shows that I high balance in savings because of a tax refund....
Aspen, CO - Sep 12th 2022
This question has not yet been answered.
Getting an FHA without money in my account
I have plans on taking out an FHA loan because I couldn’t afford the usual 20% down payment. I have everything in line excluding the fact that it will take me several weeks to get the $4k that I need ...
Is there no choice but foreclosure?
I own a 600 square feet condominium, which my husband and I have been living in for the last 6 years. As you would expect, we are under water about $30k, we have a 6-month baby and the space is becoming...
Atlanta, GA - Sep 9th 2022
This question has not yet been answered.
When do I look for homeowners insurance?
Hi guys, I have a question. When and how do I shop for homeowners insurance? They have bought our property and they are now in the process of building it. What do I need to shop for homeowners insurance...
Looking for loans for teachers
We just moved to Charlotte and my husband got a job as a teacher. ARe there any perks for teachers who want to buy a home? I’ve heard about first responders loan and was wondering if there’s a simil...
Why does my FHA loan require a 20% down?
Can anyone answer why an FHA loan would need a 20% down on a loan that’s less than $300k? My DTI isn’t that high so I’m wondering why my lender would require such a high down payment.
What loan product can I get?
I live in Michigan and I just came across a gorgeous home that is a fixer upper but is located in a hot market. I plan to get an FHA but I don’t think the house would meet their requirements. I’ve t...
Is there a loan with lower DP?
Looking to get a mortgage for land. I got quotes for 50% down and 25% down. Are there any loans out there with a lower down? I plan on building an apartment on the land in a few years so that I’ll hav...
Ask our community a question.
Get an answer
