Archive for October, 2008

 

should I close my 401K and pay off my home loan?

October 28th, 2008

DAVID H asked: I’m in a 401K with my new job, I’m about 10 years from retirement.

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i wish to apply for a home loan which i can repay in 3 years. Is fixed or floating rate of interest suitable?

October 27th, 2008

Donny D asked: I live in India. Which are the preferred banks/lenders?

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How does my mortgage affect letting my house out?

October 27th, 2008

Spunkfight asked: I have an interest only mortgage with my mortgage lender but I would now like to let my house out.
I have been advised that if I let my house out I am obliged to let my mortgage provider know.
I don’t know what the repercussions of this would be if I did or didn’t [...]

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Trying to get a home loan?

October 25th, 2008

inluvndluvinit asked: Me and my husband are trying to get a home loan. I dont have any credit and he doesnt have much credit. What are the chances of us getting approved and for how much do you think we could get?

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Home loan approval. How do you know when your officially approved?

October 23rd, 2008

miracle_2_see asked: I have been preapproved, showed financial bank statement, proof of funds, credit report ok, paid for inspection, appraisal, and have a contract to close at the end of this month. One important thing that I dont have is the letter of approval. I keep being told it’s on the underwriters desks, and you’ve [...]

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my credit score is to low to get the home loan I need. but I have A person who will co sighn. will this help?

October 23rd, 2008

cain c asked: my fico is an embarassing 560 . and Im tired of paying for someone elses home to be payed for by renting.

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What is the best mortgage advertisment you have seen?

October 22nd, 2008

Mike asked: I am a Mortgage Broker looking for some good ideas for advertising. What is the funiest or best mortgage ad anyone has seen? Any loan officers out there with any creative new ideas?

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Is it possible to get a home loan when you ahve bad credit? If so how?

October 22nd, 2008

skeemergyrl9056 asked: I have been renting an apartment for almost 3 years now and im sick of renting… but i know i dont have really good credit. So i was just curious to see if anyone had any input or help? Thanks.

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is it difficult to get prequalified for a home loan? first time home buyer?

October 21st, 2008

justsomedumbgirl asked: what if i have bad credit? what if i dont have a verifiable income?

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How can I get a mortgage if I have credit score under 400?

October 16th, 2008

LadyCatherine asked: Most of the mortgage companys I have tryed will not give me a mortgage because I have a credit score under 400. They say they will not help anyone with out having a credit score over 500.
I have a fourclouser on my credit and a really old credit card bill that [...]

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