Main difference between Fannie HomeStyle and FHA203k?
Is it just that qualifying for the HomeStyle is harder because it;'s a conventional product, with higher credit and down payment standards? Assuming down payment and credit are fine for both, what's the...
Refinance or home equity?
We have a house that should appraise for at least 230,000 and the principal balance left is 195,649. Our monthly payment with with escrow is 1560 and our interest rate is 5%. Husband's credit score no...
203K Streamline for Manufactured Home?
My wife and I have found a Manufactured Home on a partially finished basement, 5 acre lot, that we are very interested in. It has been vacant for sometime and needs carpet, a couple windows, a few doors...
is there a difference between reverse mortgage and an hecm?
im curious about reverse mortgages but hecm keeps coming up. is this a specific program? i'd like to know whats best for 72 yr old. my home has been paid off for 8 yrs and my daughter is supplying half ...
Gift of Equity
I am not sure of how this works. My mother lives in my house-which I pay the mortgage on. I live in hers-which she pays the mortgage on. I want to get things tot he point where I (and she) can take t...
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