Should I flip or hold?

I recently bought a property in cash and I am thinking whether I’ll be flipping or holding. If I hold and get a tenant I need help on how to do a cash out refinance quickly. Is it true that there has ...

Do I need to keep expenses to a minimum for loan approval?

I am self employed and I had a problem with my tax docs when I filed the last time. I made around $50k last year and after I wrote off expenses the total amount came out that I only made only $15k for t...

How do I get a home improvement loan for my fixer upper?

I bought a home in Jersey for cash. It’s a good deal but it’s quite the fixer upper since no one lived in it for a long time. Mold remediation could be an issue. What are my options for a home impro...

I'm graduating soon and I plan to buy a property. Should I start talking...

I am a graduating student from Berkeley, CA and I am excited to buy my first property a year from now. Is this the right time to talk to a lender? I won’t be financially ready for another year but I w...

Why and I being Punished????

My Ex-Husband and I purchased a home, he would not allow me on the loan...period. He used his VA Disability and GI Bill privilege to purchase. I am on the Title only. We divorced in 2019. The settle...

Need help applying for a construction loan

I am trying to get a construction loan for my personal home. Total cost is $1.8M with the property sitting on 75 acres. Our income is from real estate at around $4M from rental property held in a living...

Applying for an FHA loan

I want to apply for an FHA loan given the following scenario: 2019 - I have normal W2 and schedule C self employed income 2020 - partial W2 income no schedule C income, collecting unemployment 2021 - ...

Can I get approved for a 2nd loan?

I bought a home in August of 2020 with an FHA loan under my name but the title is both me and my daughter. She’s the one living and paying for the property currently. I plan to get a conventional loan...

Any tips on how to choose the best lender?

I have been busy applying for pre-approval with various online lenders and usually get the reply that they need more information or that they can’t proceed with the request. I would like to find an ac...

can lender change interest rate or ask for more down payment right befor...

I think I was misguided by my loan officer. I'm in a mess and don't know...

I started a temporary job out of state and rather than rent a property there, decided to buy. I needed additional $ for the down payment and suggested leveraging the equity in my home by doing a cash o...

Will this affect my USDA application?

We are looking to get a USDA loan. My husband has had his current job since Sept 2019 and I’ve read that there’s no minimum required but the last 2 years of his employment will be considered. The jo...

What are costs associated with loans?

I plan to apply for a USDA loan but I’ve heard that when you pay off the loan it is not over. You have to pay thousands on top of the loan you paid off, is this true? I am not familiar with all the co...

Conventional loan after FHA loan

Can I refinance with a credit score of 640 and DTI of 42%? I bought my home for $300k and it’s worth $400k today. I earned $69k a year for two years straight and I have been employed here for 5 years ...

Need a second home for bigger space

Hello, I have an FHA mortgage on my primary home and I’ve lived in it for the past 6 years. I plan on getting a second home and I want to know what kind of mortgage is best in my situation? I plan on ...