Lender is telling us to increase our credit scores to qualify

We are buying a nice studio apartment down town but encountered a hitch with our loan. Lender says that we need to increase our credit scores to qualify for a $250k loan. Our score is at 630 currently a...

Is a cash out refinance a good idea right now?

Hello, I need help as I plan to do a home remodel. Is a cash-out refinance a good idea given the market situation right now? I also need to pay off some high-interest debts and pay off my HELOC as well....

My family doesn't want their info released and it may cause me my loan

I got an FHA loan and had an offer accepted by a seller. I need $25k for closing and got a 5k gift from my grandma and 12k from my mom. The problem is my lender is asking for their bank statements and m...

Two homes refinanced with lender demanding final payoff amount

I have two homes and I’ve refinanced one time so far. I’m in the process of going through a second refinance on my main house. I decided to refinance because of a lower interest rate and the removal...

Can I get approved with a lot of hard inquiries on credit report?

Hi, I want to ask if you can get approved for a loan if you have plenty of hard inquiries? I applied for new credit cards and just got a new car. I got approved 3 months ago but didn't get lucky with of...

wanted to confirm that we will need to do a refi on our new construction...

i am assuming my mother's mortgage and the closing cost are close to 12k...

Need advice regarding my son's home purchase plans

I want to get a consultation about a home purchase. My son and his wife have their house on the market in California and they plan on purchasing a home in the Boise, Idaho area. My son’s wife will sta...

Should we buy a house that's quite pricey?

Hello, I came here for consultation. My wife and I don’t have traditional salary jobs, but we have a new business that’s doing great. We want to purchase a house that’s worth $450k in South Florid...

Refinance question after several years

A couple bought a property for 100k with 3% down. If the couple attempts refinancing in several years and the balance is $80k, will the new lender question the payoff amount of the previous loan? Is it ...

I have been retired for 10 years and I have received a pension since I r...

a 2nd mortgage on a property that was subsequently foreclose on by the 1...

Was this just noise? Where is creative commercial down payment assistanc...

Need help on what type of loan to get

I don’t have an idea what type of loan I need. I am looking at a $600k home and have $100k on hand for a downpayment. Do I choose a private lender, bank, or broker? We see that rates are going up and ...

Are appraisals needed for government loans?

I’m in the middle of closing a deal on a home with a VA loan. My agent isn’t that knowledgeable with VAs so I need some help. Does anyone know if we can do away with the appraisal in the initial con...