Co-signing a student loan and mortgage question
I am wondering if any has any words of wisdom.I co-signed a student loan for my spouse in the amount or 48K two years ago. The first payment is not due for a year and a half. I have credit scores in...
View ArticleClosing Disclosure frustrations
So..were scheduled to close @ 8AM on 2/11. I emailed my mortgage officer last week 1/29 and asked if they had final numbers for me yet due to the estimate missing the tax transfer task (it's an REO...
View ArticlePrior to FHA app; pay down credit cards or hold onto cash for downpayment...
So i wanted to see the best plan of action, we will be applying for our morgage in April, 2 years post BK7. we have approx 9k in outstanding credit card debtwe have got around 14k for a downpayment and...
View ArticleTax Transcripts
I think I know the answer to this but I wanted to double check... when applying for a mortgage and self employed the lender will want to see tax transcripts from the last 2 years of returns, correct?...
View ArticleAm I making a mistake or just second guessing too much?
I arranged to meet with the local mortgage broker my realtor recommended (an in-house MB tied to the realty company) next week. In the meantime, I also did some research and found another very well...
View Articlewhich product do I buy to look at scores?
I'd like to get updates more than just once monthly so I can tell if my score is actually raising. I also need to the product that I need to look at for mortgage approval. Thanks!
View Articlequalify or wait?
Where I live buying is currently cheaper than owning, though who knows what the next year will bring. We've been renting for 5 years or so at $1,400 a month for a SFH + all utilities. If we bought...
View ArticleNationstar never reported my payments for five years
Have recently pursued and obtained refinancing. Lender told me my mortgage wasn't being reported to bureaus. Nationstar Mortgage purchased my mortgage in 2011. My payments to them were made timely,...
View ArticleComplicated Credit History/BK/Foreclosure-Seeking Mortgage-Expert Advice Needed
Hello Folks, I need expert advice. I'd appreciate opinions either from experience or from mortgage professionsals who have navigated similar issues. From 2002-2008 I was heavily invested in the Real...
View ArticleFHA loan and community property state
my husband and I are getting ready to apply for our first mortgage in Washington state. I am a stay at home mom so we are planning on applying for the loan in just my husband's name because his credit...
View Article4506-T Request
My LO told me today that I'll have to authorize a 4506T to be pulled. Is this simply to verify income? She told me to just get the first page of my 1040 tax form for 2015 & 2014 ready. Will this...
View ArticleBest place for me to shop?
I'm trying to find a home in the 250-300k price range. My scores are EQ 709, TU 738, EX 724. No baddies on report. 8% utilization, 101k salary income, 100% on time payment history. 11 accounts, 1.6...
View ArticlePanic attack! First time buyer
So I'm turning 40 next week. I always wanted to buy but have always been able to lease amazing homes in Las Vegas that I liked so I just kept putting off buying.I always said I wanted to settle by 40...
View ArticleIn-house mortgage brokers vs. online loan officers
Although I am a first-time buyer, I have done a ton of research on mortgages and know exactly what type of mortgage loan I want. My realtor recommended the in-house broker attached to his/her real...
View ArticlePurchasing a Home with a Current Tax Lien ( HELP! Urgent! )
Hello everyone, today I ask here today for some expertise and advice on how to handle a situation or proposition I have infront of me today. My neighbors house whom I oversee and caretake for while...
View ArticleDid I mess up really bad?
Hello, I am panicking right now and need advice. I am looking to purchase a home this summer with a mortgage for the first time. I have been working on my credit for the last year. I won't get into my...
View ArticleConstruction Loan Approval
Hello, new member here. First time posting. I just had a question about a construction loan. I currently have a My Fico Mortgage scores of Exp 690, Equ 694, Trans 729. I am trying to secure a...
View ArticleMortgage question fico score
Hello, I am new to the whole fico scoring system. i know mortgage people pull fico score 5, 4 and 2. On Fico score 4 is the middle one. Would that be the one the mortgage lender uses or could they see...
View ArticleWhen to get pre-approval?
I would like advice as to when to start talking to a LO or broker. The 3 year anniversary of my short sale is June 2016 and we're hoping to buy right after that. Houses in my area don't stay on the...
View ArticleMortgage clarification with new job?
Im a little confused on what our options are. Was trying to drive and talk to loan officer. Should just ask him again but feel like an idiot. We have been waiting to put an offer on a house until...
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