Working part time for 2 years, do I qualify for a loan?

Hi, I’m graduating this year and I have started working with a stable employer. I’ve been working for the past 2 years but were just part time gigs to help pay the bills. I plan to buy my first dupl...

Should I wait for my scores to go up?

We are closing on a loan but it was pushed back since construction has been delayed due to lack of finishing materials. I had something pop up on my credit report which caused me to be 10 points below t...

error in my loan

My Lender wants me to refinance my loan for a mistake they made

My original loan closed on 12/09/21. My Lender reached our sometime in February that they needed my help and wanted to refinance my loan over a mistake they made. After a few concerns I agreed to help a...

Is an FHA loan a good option?

I’m trying to get loan approval with scores at 640, 600, and 589. I have enough for a 10% down payment for a $200k home. Lender suggested an FHA loan with 3.5% down since they approve even with scores...

Are soft credit pulls accurate?

I want to ask how accurate soft credit pulls are since a lender gave me a 600 score but when I checked it was a 677. I am applying for a pre approval for a studio unit that I want to buy so I could move...

Is there a seasoning period on a bankruptcy?

I live in Missouri and got discharged from chapter 13 last month. My family owns 5 acres of land and we want to apply for an FHA loan for construction. Is there a seasoning period on the bankruptcy or w...

Are FHA and VA loans better than conventional loans?

What are some of the lowest scores you’ve had and been approved to buy a home? What was the down payment required? I want to know what I can expect with scores in the low 500s. I’ve heard about FHA ...

Are application fees charged upfront?

Hi, this is my first time applying for a loan and I was wondering why an application fee is being charged upfront? The fee is $395 and non-refundable if we don’t close. It gets credited after closing ...

Should I pay the principal down?

I currently have a high interest rate conventional loan with 10 years left and around $180k in equity. Refinancing is not an option at this point. Should I pay the principal down? I want to get a lower ...

First time applying for a traditional loan

I bought 2 properties in Colorado. I live in one and the other is over 30 acres of land. I am trying to take out some cash on one of the properties but I don’t have any idea on how to do it. Any advic...

Being ghosted by a lender should I look for a new one?

Been working with a lender on an FHA loan with 10% down since our scores are below 580. We’ve submitted all docs necessary and we haven’t received a call back from our lender. Should we look for ano...

Considering a USDA loan and other low dp options

Considering a USDA loan and have discussed details with the broker. Credit is not the best right now with 2 open accounts namely a car loan and credit card debt. Scores are around 620 to 650 range. I am...

Can I roll closing costs via seller?

Currently closing on a house and appraisal came in higher than my offer. How do I roll some of my closing costs via the seller? Plan to tack at least $10k to the total loan amount.

Buying a second home with complications

Hi, I want to ask if it’s possible to buy a property as a primary home even if you do not work in the same state as the property? I work in New York and I’m buying in VA. My wife will live in the VA...