If Bank Of America turns me down for a home loan, should I seek a bank overseas? Europe or China?
Question by paul h: If Bank Of America turns me down for a home loan, pilule pills should I seek a bank overseas? Europe or China? This will be my third home purchase on stated income?. I understand thr banks have given out too many bad loans recentely, more about but are there some that still have confidence with good buyers? Best answer: Answer by ieatcrayonsI think you should try a mortgage broker first. They have access to numerous lenders. Look for one that does its underwriting in house. I’d never seek out a loan overseas, personally. It looks like every other answer on here was a scammer. Please don’t fall for that! What do you think? Answer...
Read MoreQ&A: How come my loan officer wants me to show my bank statements?
by 350.org Question by cheryl4785: How come my loan officer wants me to show my bank statements? I am doing a Stated Income loan. Why do I need to show bank statements if I have direct deposit from my employeer? That would be “showing my income” compared to “stating my income.” Do I have to show them? And, remedy this is there another way around it? Please help! Best answer: Answer by DethruhateThis way they can see if your wages are being garnished at the bank, pill or if you are way overdrawn on your bank account to the point that they might not be able to collect on your payday loan. Also, if you have a direct withdrawl at your bank for a loan at that same bank, they usually take out that payment from your paycheck before they put any other checks through. Therefore, they may want to check to see if theres any of those that might make the loan payment to them bounce. Give your answer to this question...
Read MoreHow can day-traders qualify for home loans?
Getting a mortgage after bankruptcy or foreclosure … house, web ed the wait could be even shorter. Although financial difficulties remain part of your record forever, web you can qualify for a mortgage as soon as 24 months after the fact if your issues were the result of "extenuating circumstances" over which … If you would like more informaiton please visit here… New rules aim to reduce risky home loans Millions of homeowners got into trouble after taking out loans with no or low down payments that many didn't fully understand as interest rates skyrocketed, order unemployment soared and the housing market crashed. The rules unveiled Thursday are a result of … For more informaiton please visit here… Question by JohnPau2010: How to check as what banks are giving good mortgage interest rates ? 1) Is there a website where we can check as what banks are giving good mortgage interest rates ? 2) Do we have to look only local banks where I live ? If I live in ILLINOIS , pharmacy do I have look for a lender or bank in IL only ? 3) Any suggestions as which bank is good ? Best answer: Answer by jgsudderththe best way place to start is www.lendingtree.com it’s very similar to progressive where you can view side by side loans and compare the differences between them What do you think? Answer below! by marsmet526 Question by KB: I want to refinance, price but my mortgage is not owned by Fannie Mae or Freddie Mac? I don’t have any equity in my home and my first trust is higher than my current home value. I have been making my payment on time. My house is down 26% in value and my interest rate is @ 9.25%. Like many of us, this I feel i have been victimized by the fall of the housing market and superficial prices. It is ridiculous to be paying 8.25% rate, when the current rates are at 4.5% – 5%. Any advice on how to address the situation will be much appreciated. Best answer: Answer by Patricia DI know this doesnt apply to you but… just in case, it never hurts to check if the mortgage is owned by Freddie or Fannie. The program is called the “Affordability and Stability Program”, and there is hope for those of us who have been responsible but are victims of circumstance. First find out if your morgage is owned by Freddie or Fannie Have your account ready and call either 1800-Freddie or 1800-7Fannie or call your current lender and they might be able to see who owns it. If its owned by Fannie you can call most mortgage borkers and they will be able to refinance if meet the qualifications. If its owned by Freddie you can only call Bank of America. Ask to speak to a Refinance team about the new government program to refiniance your home. For now they will put you on a list until the program is finalized. I hope this helps. If its owned by Freddie only bank of What do you think? Answer below! by ell brown Question by Terry: How can day-traders qualify for home loans? Technically, ed I have no employer. I can make $ 20, price 000 in a month, dosage and then not make anything next month. Can you still qualify for a home loan with this source of income? Do state laws vary? I’d be interested to move to Texas or Maryland. All these answers suck thus far. Come on Y!A Community! You can do better. Someone please...
Read MoreGetting a mortgage after bankruptcy or foreclosure
Getting a mortgage after bankruptcy or foreclosure … house, web ed the wait could be even shorter. Although financial difficulties remain part of your record forever, web you can qualify for a mortgage as soon as 24 months after the fact if your issues were the result of "extenuating circumstances" over which … If you would like more informaiton please visit here… New rules aim to reduce risky home loans Millions of homeowners got into trouble after taking out loans with no or low down payments that many didn't fully understand as interest rates skyrocketed, order unemployment soared and the housing market crashed. The rules unveiled Thursday are a result of … For more informaiton please visit...
Read MoreQ&A: Is it possible to get a home loan with bad credit?
Question by Johnpau2012: Can we deduct the amount what we add towards our mortgage principal for taxes ? Lets say I sent a check of 10K to my mortgage bank to add it to my principal balance. Now this 10K amount can I show it anywhere in my tax returns ? Do I get any return on this 10K what I have added to my principal balance apart from monthly mortgage what I have been paying? Best answer: Answer by rtfmYou can only deduct mortgage INTEREST on your taxes, more about ampoule not what you pay toward the principal. What do you think? Answer below! Question by twosis: Is it possible to get a home loan with bad credit? My credit score is around 530 and My husbands is around 630. I have charge offs from 2005 (that will be on my credit report until 2012) We both have good jobs and bring home around 7000 together each month. We also have around 30, information pills 000 saved up for a down payment. Since our income is decent, see and we have a down payment (more than 10%) is it likely we will be able to find a home loan for a new home? Best answer: Answer by HubaIt may be possible but try to not overextend yourself. Try to get pre-approved before you go house hunting. I recommend a credit union. They usually don’t charge to run an application through. Home prices are currently falling (slightly) as are interest rates. You may be better off to continue to build up your savings for a few months; make sure you pay off debts but do not close credit cards (they want to see you have available but not used credit). There are many first time home buyer programs out there which may be just what you need. Know better? Leave your own answer in the...
Read MoreHorse named after Peyton Siva debuts at Gulfstream
Question by deery13579@sbcglobal.net: Is there any lenders who do not go by the fannie freddie guidelines for home loans? Needing fha home loan. Need to find lender who will not go by fannie freddie guidelines because my pay is through tip income. I claim every bit of my tips so amount of income is not a problem just time with employer to be able to count tips. So does anybody know of any banks or credit unions who can help. Best answer: Answer by glennIf you want a non conforming loan you would need to put at least 20% down- probably more. Give your answer to this question below! Question by Shelly: How does Obama’s “Home Affordable Modification Program” work? Do they grant it if you are breaking even on finances, dosage or if you are in extreme debt? I am seeking to gain some aid in lowering my monthly payments, price since my salary was reduced and I may not be able to pay my mortgage in about 3-6 months. PLEASE HELP! I don’t want foreclosure! Best answer: Answer by supermom414hi actually i am going through the process right now as long as you show proof of income and proof of reduction they will be able to help you and also it depend on if you are current or late there is diffrient programs out there you have to call your lender to see what is best fot you also try this website http://www.makinghomeaffordable.com/ im in process right now i was paying close to 1800 not including home owners insurance or realstate tax now im paying 1085 including everything im on a 3 month trial so they can see i can afford it . but give them all call you have nothing to loose .but your home if you dont look for help now blessings to you hope this helps you What do you think? Answer below! Horse named after Peyton Siva debuts at Gulfstream … on the dirt in the 7th race at Florida's Gulfstream Park with odds of 10 to one. Romans told Pitino not to count on Siva winning in his very first start but Pitino said "when a trainer tells you that go to the window and bet your life on it … For more informaiton please visit here… The Wanted's Siva Kaneswaran and One Direction's Niall Horan Friends Despite … Siva, viagra buy 24, approved and 19-year-old Niall have found common ground thanks to their shared Irish heritage and the pair often have a laugh when they bump into each other in Niall's hometown of Mullingar, County Westmeath. Siva told the Sunday World: “I've met … If you would like more informaiton please visit here… Siva suffers setback in Laos project arbitration At the heart of the dispute is a 1,878-megawatt minemouth power plant in Hongsa district of Laos. Siva Nganthavee of Thai-Lao Lignite claims BanpuPower, a subsidiary of Banpu Plc, entered into a joint venture with his group to acquire information about … More informaiton please visit...
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