How can a widowed stay-at-home mom obtain a mortgage?
Question by alc04@verizon.net: What type of loan? We are looking to buy a multi-family home the bottom floor is completely finished however the second floor is still under construction and the owners ran out of money to complete it. We just received word that a conventional loan will not work because the second floor is not finished. What type of loan would we need to purchase the home? Best answer: Answer by Alex RYou will need a construction loan to complete the project and then switch this to a permanent loan once complete. If you have a home right now you can do a bridge loan also to complete the project. Let me know if I can help. Good luck! What do you think? Answer below! 30-Year Rate Jumps to 6-Month High; Mortgage Applications Drop … refinance share of applications dropped to the lowest level since May 2012. Job creation surged beyond Wall Street expectations in February, page with the economy creating a net 236,000 new jobs as the jobless rate fell to 7.7 percent from 7.9 percent … If you would like more informaiton please visit here… Home Refinancing Booming Tweet. Northwest Arkansas' foreclosure rate increased last month but so has a federal program designed to prevent the process. By The Numbers. Foreclosure Filing Summary. Compares the number of filings in February 2012 to February 2013. 2012 2013 … For more informaiton please visit here… Question by Siva: How to find a nofollow sites? Now I need a help for finding the nofollow sites when I post content with regards, there Siva Best answer: Answer by Rita ThomasI have no list of nofollow websites but you can find blogs for commenting and install the NoDoFollow Addons from here : https://addons.mozilla.org/en-us/firefox/addon/nodofollow/ Install it, information pills it will help you in finding no follow links in the pages without any help of page source. What do you think? Answer below! Question by puppyfeet: How can a widowed stay-at-home mom obtain a mortgage? The widow and children receive a guaranteed monthly death benefit which is enough for them to live comfortably. She hasn’t worked since she had children, hospital and doesn’t need to now, pills but she wants to buy a home. The problem is, treat she let the other house go into foreclosure because her husband died there and she couldn’t bear to go back. Now her credit is ruined. Is it possible to get a mortgage with scarred credit and no employment even though she has the ability to pay? This person lives in the USA. Best answer: Answer by RNThere are program out there that look at the person and not the situation. She has a traumatic experience in her life. She needs to get back on her feet. She might try an online site such as Lendingtree.com or similar site. It might be that she could go to a local mortgage broker and explain her situation. It might be that after she explains reasons why she let the other house foreclose, they might work with her. If you haven’t been watching the housing market is not like it once was. She also might try alternative finance online. Lendingtree has good resources but be prepared to pay higher interest rates, etc. Add your own answer in the...
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Read More30 Year Mortgage Rates at US Bankcorp, Wells Jul 18, 2015
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Read MoreHow will tomorrow’s suspected rate cut affect mortgage rates?
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