Can I make this work?
I will try to make this short and to the point:I can't do FHA on the condo I want because it's not an approved condo complex. In my particular circumstance, too many units are already FHA insured for a ...
Notice of Acceleration and Refi?
I might be able to avoid Acceleration, if I can get caught up by Oct 8. I really want to keep my home, my kids were born here. If I cannot avoid Acceleration, will another lender be willing to refinan...
would private loans be the right thing for me?
I want to buy a fairly cheap second home (a condo) in Maryland. I'm thinking $100K but maybe as much as $350K depending on the deal. But I want a "private" loan so that it doesn't show up on my credit r...
My 7-yr fixed resets next sept (2010), but should i refi now?
we are moving from our home, just not sure when. Our 7-year fixed i got back in 2003 from Countrywide (now bofa) is resetting in sept 2010. My question is should I refi now or wait it out to get the m...
If you have a down payment of less than 20% does that automatically mean...
I am a first time home buyer and was recently told that if I put less than 20% down i would not qualify for a conventional loan and would have to go with an FHA therefore requiring PMI. I have a very g...
Buying down the rate, how does it work?
I am currently buying a home and am not quite sure how "buying down the rate" works and am wondering if my lender is trying to pull a fast one on me.I am being charged a $3,809.20 origination fee to buy...
If I refinance my bank loan through an individual investor, can I still ...
I am considering refinancing my bank loan on my home with an individual investor. Can I deduct the interest on my taxes? If so, what type of transcation or documentation must I complete to ensure I ca...
If I refinance my bank loan through an individual investor, can I still ...
I am considering refinancing my bank loan on my home with an individual investor. Can I deduct the interest on my taxes? If so, what type of transcation or documentation must I complete to ensure I ca...
750 credit score family needs help
Hey Lender 411,My husband and eye have our eyes on buying a new home, and at the same time rent out our current town home.Here is what we have to work with:-750 credit score-5% down payment-6 figure inc...
is this impossible?
My wife and I were just were turned down for preapproval for a mortgage although we have 20-25% down and would not exceed 30% of our gross monthly income because my wife has no credit. I'm a stay-at-hom...
does this makes sense?
Tell me if this makes sense:I have a buyer agent who is willing to give me back 2% commission.I am interested in new construction and home is already built. Seller does not want to lower the price becau...
600k house best scenario
Here is the scenario:I would like to buy a 600K house with the following mortgages what would the rates be for somebody with a credit score of 750+ Here are my various options:Option 1: 450K mortgage, 1...
bank or broker? what is best option?
I would like to purchase a home.I am employed by a large bank. I was told that I get employee discount (no underwritting fee, no application fee, best rate etc saving up to $2000 they claimed). But th...
self-employed, looking to purchase a home
Lender411: I have a question regarding financing/loan for a condo that am looking to buy in few months. I am in a very peculiar situation where I am just starting out my small-business and don't have a ...
home buying question
Can you please tell me if it is possible to get a first mortgage from a lender for 50% of the home price, and have the seller carry a second mortgage for the other 50% with no payments for 15 years?We a...
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