Over credited lender credits

I closed on a mortgage refinance and I was surprised to get an email from my mortgage broker stating that I was over-credited lender credits by a few hundred dollars than the actual costs and they are n...

Forbearance extension?

I just bought a new studio apartment in San Francisco before the pandemic started. I got laid off early this year and since my loan was federally backed I was able to apply for forbearance. The problem ...

Having second thoughts on a home equity loan

My wife and I got approved for a loan based on our debt-income ratio a few months ago. We didn’t push through with the loan because of the uncertainty due to the pandemic. A home equity loan was offer...

Closing costs too high?

This is my first time to refinance my mortgage and I came across an item named Delivery Fee under Origination Charges. The fee is $15k for my $420k loan. This makes my closing costs $25k which I find to...

How to qualify for home loan or FHA in TN? Coming from California

Worked and then COvid19 hit and was on EDD because kids stayed home and business shut down. I am now working again since February 2021. We are wanting to leave California and seeing what we needed to qu...

I bought my first primary home, can I rent it out before the 12 months p...

Do I qualify for an FHA loan?

First-time buyer in Austin, Texas, and looking to buy next year. My wife and I have a combined income of $150k which is enough to buy a townhouse in the $250k to $350k range. We pay for credit cards at ...

Loan application this pandemic

I plan to buy a studio apartment in the $100k range but I recently lost my job due to the pandemic. I have $80k savings in the bank and I currently live with my parents while actively looking for work. ...

Loan approval delay due to appraiser

I’m having delays with my loan approval since an underwriter from my bank has asked for a clarification from the appraiser and has not gotten any response at all. I’ve tried calling and emailing but...

Senior buying a condo

I plan to buy a condo next year and I want to know which mortgage is best for me. I can handle payments for a $150k 15 year mortgage but would prefer a 30-year loan for lower monthly payments. I am 62 ...

Do I qualify for USDA loan?

Hi, I’d like to know if I qualify for a mortgage and what kind of loan should I look into. I earn 90k a year with my current employer and I’ve been here for 10 years. I saw an ad for a rural home in...

How much to pay for closing costs?

This would be my first home purchase after coming across a beautiful home that costs $300k. It‘s close to where I grew up as a kid and I would love to retire in that neighborhood. My yearly income is ...

CHSuser

Loan under my name to help parents

My mom and dad want to retire in California from New Jersey. They applied for a mortgage but didn’t get approved since their debt to income ratio is too high. I, on the other hand, got approved for a ...

Need help on what offer is the best

As a first-time buyer, I am shopping around for the best mortgage rates. So far two options stick out. A 30 year fixed rate worth $425k with 5% down. One option has a 2.6% rate with no lender credit whi...