Need help with HUD label plate on my manufactured home

Hi all, I am buying a manufactured home through home possible. The HUD label plate was covered up before the current seller bought it by new siding. We ordered an IBTS report but it came back that the ...

Is it a good idea to apply for a nonconforming loan?

I'm looking for a non-conforming loan since I've been having difficulty getting a traditional loan since I am self employed. I can put down 20% with a credit score of 786. I have a W2 for a year and b...

Can someone shed light on my situation with my VA loan?

I currenty have a VA loan and I still owe around $200k. I am having a hard time selling my home to buy a new one. Current rate is 2%. My eligibility allows me to buy a new home. I am selling at $400k ...

How can I save on costs on an FHA construction loan?

I plan to apply for an FHA construction loan since we've acquired land in a promising location. Are there ways to save money by doing some of the work on your own? If there are ways to save would it ...

Will I be able to get a loan that closes quickly?

As a self employed owner of a cleaning company, my income has been growing steadily since 2020. I have been paying my monthly rent on time for the past 20 years. I have good credit and low DTI. I hav...

Is this rate ok?

My credit score is 804 and I'm applying for a conventional loan. Loan amount: 350,000 Purchase price: 400,000 Interest Rate: 6.490% Term: 360 months Down payment: $40k My agent suggest to go with this...

Question on conventional loan

Hi, I plan to convert my primary home into an investment property and buy a new primary home. I have another property where my parents stay. Do I need to have reserves for my current home and the pro...

Quoted high appraisal fees, will it be credited during closing?

My lender charged $600 for an appraisal but upon checking the actual cost is only $500. Are they required by law to refund the difference? I was hoping they could send a check or at least credit the am...

What are my chances of getting approved?

I have saved up enough money for a downpayment on a condo. My credit score is 800. I am self employed but I spent too much money at the casino lately. Will this ruin my chances of getting a loan?

I need advice on my FHA loan

I currently have an FHA loan with a housing ratio of 47.34%. Is there a way to make this work without having to change anything on the loan? In the past, I applied savings for retirement 401k. Will thi...

I am 7 months older then my Wife. We where both born in 1945, me in Feb ...

I've been getting conflicting info regarding a conventional loan

I plan to get a conventional loan to buy a single family home. I worked part time for 2 years and left the job into a 1099 position doing the same thing. Does the W2 part time job doing the exact same...

What are my chances of gettting approved?

I own a cleaning business since this was in demand during the pandemic. Being self employed, would this hurt my chances of getting a loan? I've been renting for the past 20 years and I believe it's time...

Is it a good time to get a loan now?

With interest rates this high, is it ideal to get a loan or do I wait until rates go low? There's a studio unit that's available and the owner is leaving soon. He's giving me a great deal and I can't wa...

I need inputs on a situation involving an FHA borrower

I have a question about a situation with an FHA borrower. The borrower is moving less than 100 miles from their current primary residence which they own outright. Their home is a three unit family home ...