Mortgage closing and job start timing
Morning, everybody! I'm a law student who will be graduating this year. I have Fico 08s in the 800s and DW has hers in the 760s, so on its face, we should be able to get pretty good rates. However, my...
View ArticleFHA Mortgage Up Front Premium
Hello,If you finance the upfront mortgage premium into your loan, does the appraisal have to be equal or above this total, or does it go off the total before adding in the up front mortgage...
View ArticleFHA timing of closing
Hello. I'm applying for a FHA mortgage and I'm using savings to put up the downpayment. I'm moving from TN to Florida. Do I have to close on my first home before I can close on the other? That is. What...
View ArticleJourney to qualifying for mortgage loan help
Hey everyone! I have been reading posts here for a few days. Here is my deal: i went through a horrible divorce in 2103 which left me with a few collection accounts that were my ex husbands but...
View ArticleHome loan.-student loans and car note can I buy!!!!!
Hello everyone, So it's been over a year since I have been on here, I was busy cleaning up my credit and finishing Grad school, now i really want to start looking into buying a house since the last...
View ArticleLooking into a mortgage loan
For the past couple of months my husband and I have been trying to buy a house. In Jan. we tried with three different lenders. BofA said my husband's credit history wasn't long enough. Quicken Loans...
View ArticleCredit card acct closure during underwriting?! Yes, No?
Hey guys. I am in the middle of underwriting for a construction loan. I have a CreditOne Bank card that I absolutely cannot stand and sorry I even applied. I have had this card since June 2015 and want...
View ArticleHow are adverse accounts affecting my score/appproval
I'm in the process of trying to clean up my credit and have my TU report in front of me. I have several adverse accounts that are student loans that show as a balance of zero and last reported in...
View ArticleDo I Qualify? What to work on?
1. Mortgage Credit Scores: Single Applicant. EQ 679 EX 669 TU 6252. Credit Negatives: 3 Negatives:Type: Collections All 3 MedicalStatus: Unpaid x3 ($170) ($126) ($82)DOFD: 10/2009 10/2009...
View ArticleQualify?
DH & I have been working very hard to rebuild our credit. He's eager to look now & I'd like to wait to save $ for closing & I think we maybe need to add another cc or small loan? We're...
View ArticleCo-sign car loan, help!
So in 2014 I co-signed to helped my my mother purchase a new car. As I am going through my mortgage process on my house, the requested 12 months showing that she makes the payments (which she does,...
View Articleva loan high dti
We are working to pay down debt and have a va loan now. We are planning to move back to NC anyone recommend if possible to get another va with high dti
View ArticleWaiting on clear to close
We have just met all our conditions on the loan approval and yesterday I got an update on myfico.com that the score dropped however it's still above the fha minimum. I'm wondering if anyone knows if we...
View ArticleFHA and USDA Rent Verification?
I currently pay rent in 2 states because of work, one where my family resides ($600 paid by check) and where I stay during the week for work ($500 cash). Will lenders want verification of this, I could...
View ArticleVA MORTGAGE~ TEXAS ???
Hey Team, My mid mortgage score is 748!!!! 1. How much assets or reserves do you need in a VA mortgage? 2. Texas community property state... How is the debt of the other calculated if one spouse has...
View ArticlePre-qualification: inquiries coded as miscellaneous and not mortgage
Will creditors see this as a mortgage inquiry when it is coded as "MISCELLANEOUS"? I've applied for a pre-qualification with 3 lenders and am seeng a bunch of inquiries now but it seems that only one...
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2016 New Construction Closings
I am yet to see anyone else start a similar thread this year, so I guess I'll start one up. Building/buying my first home and it's already been quite the journey to get to this point and we really...
View ArticleAppraisal came out higher than my purchase price
I just got the appraisal back today and it came out about $10,000 higher than my purchase price. Now I tried calling my mortgage company to find out what it means, like if I have to pay PMI? Does it...
View ArticleBuying a house while in Grad School
I am interested in buying a home soon, but I will be in grad school soon. I currently have undergrad loans, but I am on the 10 year public loan forgiveness program which only deducts 15% of my annual...
View ArticleOffically in underwriting, stressed!
Hoping someone can shed some light on all of this. I found out today I currently am in underwriting for my first FHA loan. Loan is for 143K with 3.5% down. I make upwards of 56K a year and had no...
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