Stated Income Loans

Everything you need to know about Stated Income Loans in 2011.

Nina Lapin (1943-2012)

on Jun 24, 2024 in Stated Income Loans | Comments Off on Nina Lapin (1943-2012)

Nina was Here Image by Tabbymom Jen Nina has a thing about licking… she licks our hands like crazy and, click pharmacy when settling to sleep on our bed, try licks my fleece blanket. If you would like to see more homes click here… Nina Lapin (1943-2012) Nina was a devoted parishioner of St. Sergius of Radonezh Russian Orthodox Church and supported the St. Sergius Learning Assembly. She spent her last years helping those less fortunate than she at the Tolstoy Nursing Home. Survivors include a brother, … For more informaiton please visit here… How to control the cost of Christmas David and his wife have now managed to make Nina see that spending more on Christmas will mean they might have to cut back on the summer holiday. They have taught her that if she wants something new she has to contribute a certain percentage of the … If you would like more informaiton please visit...

Read More

Relocating: What income is looked at for the home loan?

on Jun 23, 2024 in Stated Income Loans | 3 comments

Question by …: does anyone have any resorces on low or bad credit home loans? I am trying to find a home loan but i dont have good credit my score is pretty low and i dont have much of a down payment does anyone know of any place i could look to mabey get a home loan in florida? I am new to the whole process and dont know what to look for a lot of places say bad credit is ok but you have to have at least a 600 credit score?? I dont know where to look anymore. Thanks for the help. Best answer: Answer by steve g You may qualify for an FHA loan. The down payment is low and the credit scores aren’t as important. Know better? Leave your own answer in the comments! Question by Karen S: Relocating: What income is looked at for the home loan? I am thinking of moving from California to Utah. In qualifying for the home loan, about it do the banks look at my current income and job or do they want to see proof of income and job from a Utah company? I would think they would want to see proof of employment in Utah, sickness but not many companies will hire you 2 months before you can actually start. Any feedback would be much appreciated. Thank you. Best answer: Answer by GeniYour saving grace will be the amount of the down payment you can put down. The potential mortgage holder may want verification from the new Utah company, cialis 40mg showing your projected salary. And your previous tax returns to show your financial history. Good luck to you. Know better? Leave your own answer in the...

Read More

Q&A: Why did banks and Mortgage companies give loans to people without checking thir ability to pay them back?

on Jun 22, 2024 in Stated Income Loans | 4 comments

Question by ds: Why did banks and Mortgage companies give loans to people without checking thir ability to pay them back? No doc loans? Home loans that do not include taxes or Insurance given to people who have NEVER held a job in their life? Why did they do it? Best answer: Answer by Michael MGreed. Add your own answer in the comments!

Read More

Did financial institutions fail to verify income and the ability to pay before they approved Mortgages?

on Jun 22, 2024 in Stated Income Loans | 3 comments

Question by bbwg_hbic: Where can I get a loan for a home when I have filed bankruptsy? I need to get a home loan but I went through a divorce and filed bankruptsy. I make good money so I can pay a mortgage. Im in an apartment now and pay my bills fine. and my credit has been good before and after bankruptsy. Except for about 6 months before I filed. Ive tried to get a loan for a home and have been turned down because of my credit score caused by bankruptsy. Best answer: Answer by stevemorbitzerYou need to call a lender and ask for counseling. Ask a real estate agent in your area for a referral. The lender can tell you what to do to get your credit cleaned up or ever a loan. It may be higher interest. You can also look in the paper for “Money to Lend” in the classifieds. What state are you in? Feel free to e-mail me. Add your own answer in the comments! by maureen_sill Question by I just LOVE LOVE!: When you go to underwriting for home loan approval do you have to have the down payment funds? When you go to underwriting for home loan approval do you have to have the funds in your account for the down payment or can you get an approval contigent upon having the funds? Best answer: Answer by LandlordYou need prove of funds, visit this site including a paper trail of the funds for the last 3 months. Add your own answer in the comments! by Editor B Question by GustavoZ: Did financial institutions fail to verify income and the ability to pay before they approved Mortgages? Until recently, information pills borrowers could simply state their income. Mortgage brokers would often “fix” the necessary documents to obtain a no income loan. This led to an alarming number of homeowners in houses that never should have qualified for. Best answer: Answer by golferwhoworksso what is your point. Bill Clinton signed the bill into law and now we are all paying the price. It was all greed in the investment sector and since the loans were there many people bought more than they could afford and now are foreclosures. There are 3 C’s to lending and they need to be followed Add your own answer in the...

Read More

When you go to underwriting for home loan approval do you have to have the down payment funds?

on Jun 21, 2024 in Stated Income Loans | 3 comments

Question by bbwg_hbic: Where can I get a loan for a home when I have filed bankruptsy? I need to get a home loan but I went through a divorce and filed bankruptsy. I make good money so I can pay a mortgage. Im in an apartment now and pay my bills fine. and my credit has been good before and after bankruptsy. Except for about 6 months before I filed. Ive tried to get a loan for a home and have been turned down because of my credit score caused by bankruptsy. Best answer: Answer by stevemorbitzerYou need to call a lender and ask for counseling. Ask a real estate agent in your area for a referral. The lender can tell you what to do to get your credit cleaned up or ever a loan. It may be higher interest. You can also look in the paper for “Money to Lend” in the classifieds. What state are you in? Feel free to e-mail me. Add your own answer in the comments! by maureen_sill Question by I just LOVE LOVE!: When you go to underwriting for home loan approval do you have to have the down payment funds? When you go to underwriting for home loan approval do you have to have the funds in your account for the down payment or can you get an approval contigent upon having the funds? Best answer: Answer by LandlordYou need prove of funds, visit this site including a paper trail of the funds for the last 3 months. Add your own answer in the...

Read More

Where can I get a loan for a home when I have filed bankruptsy?

on Jun 21, 2024 in Stated Income Loans | 2 comments

Question by bbwg_hbic: Where can I get a loan for a home when I have filed bankruptsy? I need to get a home loan but I went through a divorce and filed bankruptsy. I make good money so I can pay a mortgage. Im in an apartment now and pay my bills fine. and my credit has been good before and after bankruptsy. Except for about 6 months before I filed. Ive tried to get a loan for a home and have been turned down because of my credit score caused by bankruptsy. Best answer: Answer by stevemorbitzerYou need to call a lender and ask for counseling. Ask a real estate agent in your area for a referral. The lender can tell you what to do to get your credit cleaned up or ever a loan. It may be higher interest. You can also look in the paper for “Money to Lend” in the classifieds. What state are you in? Feel free to e-mail me. Add your own answer in the...

Read More