Advice Please!
Hi there! I was hoping to get some advice. I am trying to get my mortgage scores up. Currently they are EQ 563 TU 592 EX 644. I am an authorized user on alot of my husbands credit cards and my AaoA is...
View ArticleLOs and the Lack of Communication
I have literally reached out to over 15 different LOs and I’m getting discouraged. I can’t even get to the pre-qual/pre-approval stage, because none of them seem sincere or don’t even call back. Half...
View ArticleRefinance with Life Estate Deed (Queens County, NY)
Has anyone been able to refinance their mortgage with a life estate deed in place? My parents sold their home to me in 2005, at less than FMV and retained a life estate interest for themselves. All...
View ArticleDCU mortgage experience
My husband and I just closed on our home today. We obtained our loan from DCU and we are very happy with the way the process was handled. We applied online and received an email from our assigned loan...
View ArticleMortgage Points
So this is with reference to a 30 yr fixed mortgage loan. I am trying to get the best deal obviously and one of the lender's rep told me that they'll offer me 3.875% with 0.50 discount points initially...
View ArticleIn Underwriting
I am in underwriting on my FHA loan. It is only in my name, not my wifes. We have a joint checking account. She got a loan back in october before I applied for a mortgage. The underwriter is wanting to...
View ArticleNew Construction and Credit Questions
We signed the contract for a new construction home on 4/2/17 with a preapproval and put down 5%. We have since been through underwriting and gotten a conditional approval, which I have satisfied all...
View ArticleClik here to view.
So Close!
My file (guaranteed) was sent to USDA on 11/17. Today I got my closing disclosures and I am so pleasantly surprised with the stated mortgage payment. I am about to bust!!! My lender said she has never...
View ArticleNew Bank Statement less than 30 days from closing
I submitted my bank statement showing my current balance and cleared earnest money check yesterday. We're scheduled to close in under a month. Will they require another statement before final close?...
View ArticleMassHousing Loans
Is anyone from MAssachusetts and has gotten a loan through MassHousing? I'm curious to know which specific FICO version they use to determine an applicant's mid-score. Please share if you know! Thank...
View ArticleFHA loan 1yr in I think refinance only option. too soon?
I read online that you can only remove FHA ins if you have 20% equity in your home, or if you refinance. My loan was for 3.5% Anyone refinance this early? Is there a great refinance calculator that can...
View ArticleMortgage Inquires
Within what timeframe will mortgage inquires count as one? I've seen 14 days, 30 days and even 45 days. Which is it?
View ArticleDecember 2017 Closers
December 2017 Closers Thought I might as well kick this thread off seeing we're so close to december. My datapoints are below! Purchase Price: $198,000 (seller contributing 3% to buydown)Prequalified:...
View ArticleREFINANCE OPTIONS -awarded house in divorce
Team , long story short. Divorce happenned and i was awarded house with 1 yr period to refinance loan type FHAUnderwater : Nolate payments : 30 Days late for last 4 months as we were in court Current...
View ArticleWhat are current PMI rates? - Recent closers?
My husband and I are looking to upgrade our home over the next 6 months. I am trying to figure out how much we can afford before applying with a lender. (not seriously looking until 6 mos from now....
View ArticleDISPUTES ? Do they change your score
Hello All!My wife and I are trying to get approved for a home loan. After spending along time on the phone and being told "We got this". I was connect with one of the "Credit Specialist" He then...
View ArticleLousy Experience With Quicken Loans / Rocket Mortgage
I just wanted to share our recent refinance experience with Quicken Loans / Rocket Mortgage, so that people could avoid the hassle we have endured. Keep in mind that we are considered well-qualified...
View ArticleDo I Qualify? - First Time Home Buyer in SD
First time homebuyer. I got really discouraged early on because lenders wouldn't even talk to us due to being on a debt management payment plan. We are more than halfway through paying off the...
View ArticleWhat exactly is a credit refresh/soft pull?
Some posts say the credit refresh just updates new inquiries and any currently reported balances on your credit report. Others say it brings ALL CC balances forward so the lender can see at this moment...
View Article
