Mortgage full approval PARANOID
Okay so we were preapproved (lender calls it prequalification but states as they have verified credit report my mid score 782 and my husbands mid score 806, our savings, w2-s, last 2 years tax returns,...
View ArticleTexas FHA Income Problems
I would like a couple of opinions please. I have asked this question of dozens of mortgage people and I get a ton of different answers and different reasons for those answers. I was denied an FHA loan...
View ArticleHelp!!!
I need help finding a mortgage. I have 30k down. 1 year of self employment. A transunion credit score of 633. 2016 tax returns show 24k in income. Can someone get me approved???
View ArticleLetter of Explanation Help - 1st Time USDA Buyer
Hello all, I know there are alot of threads like this, but I am hoping someone may be able to help with some ideas. I recently started working with a local mortgage broker on a USDA Guaranteed Loan....
View ArticleGuaranteed rate vs quicken
Any one have experience with either? Pre approved with both for what that's worth. Leaning toward GR but wonder which is now likely to actually close a loan after pre approval
View ArticleNarrowed it down
Today looked at 7 houses and have narrowed it down to 4. 3 are new construction due to complete in the next 6 weeks. The other is a 2 yr old perfect and the best kitchen but it flooded last year when...
View ArticleSeeking 1st mortgage
This is the first time my wife and I are looking to purchase house, now we are settled in Cincinnati My Information- My Fico Score is 701 pulled by my car dealer - we just got a lease- No late...
View ArticleWill underwriter give you a range of mortgage costs you can qualify for?
Lets say I want to buy a house. Can I try to get approved for a range instead of 1 specific value? For example could I apply and tell the underwriter "I want 300k as a minimum but if possible I'd like...
View ArticleMiller stark and klein
Xposted threads on same subject have been merged and the thread placed in RYC
View ArticleFees prior to approval?
Is it normal for mortgage lenders to ask for appraisal and other fees prior to indicating whether or not the customer qualifies for the mortgage? The middle FICO mortgage score between my husband and...
View ArticleSelf employed and filing taxes
Hello eveyrone, I have decided to take the plunge and start the mortgage process. I've been speaking with an LO and he informed me we cannot proceed until I file my taxes for 2016 and make a payment...
View ArticleHow do we qualify for a mortgage? Unusual Scenario.
My wife and I are both Journeyman Electricians. We travel all over the country where the $$$$ is. Jobs don't usually last long, from a few weeks to a year at most. 2- 6 months is the norm for our line...
View ArticleNew collection before closing
We close on our new house in 10 days and my husband just got a $1,300 old dr bill thrown on his credit in collections!! It dropped his score from 704 to 675!!! Is Chase going to rerun our credit??...
View ArticleDeferred Student Loans and Mtg Options
Looking to see if anyone knows of any mortgage products that may work us. Our issue is student loan debt. Me: 100k income; 800+ credit score (thick file); about 10-20% down in cash (depends on price...
View ArticleFHA PMI
So Trump stopped the mortgage insurance premium cut that was supposed to take effective 1/27/17.. for those of you that are close to closing using FHA, what are your lenders predicting as far as the...
View ArticleWhat is Taxable and Assessed Value???
Trying to understand all the changes that have happened in the last six months and if there is a benefit to me? I purchased a home for $167k in September of 2016. The taxable value was only $49k and...
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When can I buy another house?
In 2012 my spouse and I opened a a business...lucky for us the business succeeded but as you can see...our mortgage took a MAJOR hit. We just paid our last trial period payment of the loan modification...
View ArticleBest Fico site for mortgage
Hi, I am super confused on where to get my Fico score that would be closest to what the mortgage companies pull. I read online that they use a Residential Mortgage Credit Report, what is that and...
View ArticleChances of mortgage approval with collections on report?
Hey guys, my husband and I will be visiting our credit union this week but I wanted to get your guys opinion first.My husband and I have been renting a house for a few years but it's more than we can...
View ArticleJob title change during mortgage process
I'm a worrier by nature and this situation is currently eating me up inside. Please help calm my fears.I am currently employed by the US Government and have been an employee for 2 years working in the...
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