How to choose builder for new build house
We have been trying to get info on building a home. How do you choose a builder? I found a house for sale for 354k in near by town. The builder will not rebuid in our county. I found exact plan online...
View ArticleStupid Equifax
So a couple of weeks ago, I mailed in to EQ letter asking for EE for some lates on student loans reported back in May 2010. Today I receive an email from them regarding dispute has been opened on my...
View Article1: Mortgage Payment and 2. CC
Hi, I have two hypothetical-type questions that I'm not expecting exact answers to, but a thought or two would be great. #1. Loan officers are always saying things like, "well, if we go with Plan B...
View ArticleHelp on Refinance to NFCU VA home loan
We have a current mortgage with Wells Fargo, 23 years left for $188k principal, 5% int, approximate value of home is $250k. We are looking to refinance to use my husband's VA benefits in the 15 year...
View Articleincome tax loses from self employment
My primary source of income is a pension. I have a small business for which I've reported Sch C net losses last 2 years. Will mortgage lenders reduce my monthly income by the loss for purpose of refi...
View ArticlePre-Owned home vs New communities w/ builders - Mortgage & Process
Hi! I'm working with an amazing lender, but he's off until Monday and I have a meeting with my realtor and the builder on Sunday. Looking for some insight. My lender said that I should make an offer...
View ArticleMortgage Inquiries
How long do mortgage inquiries stay on a credit report? I shopped mortgage rates last January during a 12 day period. I had heard that they would stick for about 4-6 months and drop because it is...
View ArticleWhat to debt to pay down?
I have 5 CCs. Four reporting at 0%, one at 80%. Next week, I'll pay the high utility down to 9%.I also have one auto loan at 22% of loan, monthly payment of $415 with zero interest attached.I'd like to...
View ArticlePlease help! Underwriting with a VA loan!
Hello all! My husband and I are doing VA mortgage. Our file just went into underwriting about 4 days ago. Would really appreciate some advice based on our stats if it looks like we will pass? We're...
View ArticleFha downpayment screw up help!
I finally got my score up high enough to be approved for a home loan - yay! That's the good news. Bad news is i think ive screwed up with the downpayments funds. Fha is super strict. So, i sold my...
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How much house can you afford calculators...how accurate are they?
According to those calculators...I will never be able to buy a home with my student loan debt.
View ArticleWHEN/HOW LONG until 1) refi app 2) pay down cc affects FICO
1) I am confused by the FICO simulations on this site and what I've read about loan applications. One simulation for "refi mortgage" says it will lead to a 20 pt drop in my scores. Another simulation...
View ArticleWho will grant me a point of grace?
My middle score is now 679. I am anxious since rates are supposed to be going up soon. Is there a mortgage company that will treat that like a 680? I don't think anything is going to happen to make it...
View ArticleI'm On SSI Disability - And I Was Told That My Income Is Too Low for a USDA...
I have been doing a lot of reading about the USDA direct home loan program. I have read a lot about maximum income limits - but nowhere have I read anything about minimum income limits to qualify for...
View ArticleFWIW - MyFico vs. Lender Pull
Had a lender pull credit today for mortgage - MyFico scores matched exactly what the lender pulled.
View ArticleFHA Loan Approval
My husband and I are in the process of buying a new construction loan and the lender says we should go the FHA route since she feels that is the best option for us. Please note, settlement is scheduled...
View ArticleSoFi Mortgage
I am starting the mortgage process with SoFi. They have a 10% down Jumbo product that I am interested in. I started the process online on 2/18. I received an automatic pre-qualification for $1.6...
View ArticleAdvice for young first time home buyer
Hi all, I've lurked on these forums in the past, but now I'm in a relatively unique situation and wanted to get others' input on the matter I'm a recent college grad (graduated in 12/2016) and landed...
View ArticleQuestion about mortgage qualification and Overtime pay
Do mortgage lenders consider overtime as qualifying income? I'm absolutely not basing what I can afford off my overtime, and will be using my base salary along with my wifes salary as its the smart...
View ArticleHELP ASAP MTG ??
Currently we have a 30 year loan with WFHM at 5%, payment is $1510 with 23 years left at a total of $416,760. We are looking to refinance with NFCU on a VA loan with a cash out to do work on the...
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