Unique Loan Programs

Information regarding all unique real estate loan programs available in the market place today (i.e., stated income loans, no doc loans, no FICO loans, high ration loans, gross qualifying loans, etc.).

How does the Home Affordable Modification Program work? I am $10,000 behind on payments and now have a job but?

on May 20, 2024 in Unique Loan Programs | 2 comments

Question by Ray: How does the Home Affordable Modification Program work? I am , price ambulance 000 behind on payments and now have a job but? How does the Home Affordable Modification Program work? I am $ 10, prostate 000 behind on payments and now have a job but it is 500 miles away and requires me to relocate. If I turn down the job… I can not get refinance because of no income. WTH? I’m in a tough position. I like the house and don’t want to ruin my credit with a forclosure and I like the job because it is solid. The company is Pepsi and they are a pretty good company to work for? and the pay is over $ 50k per year. What do I do?? Best answer: Answer by My Take on ItWhy would you want to keep a property that is 500 miles away? Obviously, site you are not going to commute 500 miles to work. If you are upside down in your mortgage, you might want to consider a short sale. I have a hard time believing a lender would modify your mortgage when the house will become an investment property, not your primary residence when you take this job. What do you think? Answer...

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Uniqlo Makes Splash With Two Giant NY Stores as International Retailers Continue to Eye U.S.

on May 19, 2024 in Real Estate Info | Comments Off on Uniqlo Makes Splash With Two Giant NY Stores as International Retailers Continue to Eye U.S.

by e³°°° Uniqlo reinvigorates its U.S. push with two huge New York shops. It is portion of a trend of international retailers’ trying to crack the American industry. National Genuine Estate Investor For much more informaiton please go to right...

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The Large House – his closet

on May 18, 2024 in Real Estate Info | Comments Off on The Large House – his closet

A handful of nice huge house images I found: The Large House – his closet Image by Maigh For much more homes click right here… At the “Huge Residence” Image by missycaulk Sent from my BlackBerry® smartphone with SprintSpeed If you would like to see a lot more homes click...

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Lastest Fha Loan News

on May 18, 2024 in Unique Loan Programs | Comments Off on Lastest Fha Loan News

Question by Indi: How to find out how much is still owed on a property in foreclosure? Is this at all “public information”? There’s a house for sale that we are interested in & it’s a foreclosure. The deed holder is the FEDERAL NATIONAL MORTGAGE ASSOCIATION. (Fannie Mae) The realtor does not know how much is left to pay on the property. Would like to know if I have any right to find out myself BEFORE making an offer……thanks! Best answer: Answer by falsi fiableIt’s not very hard to GUESSTIMATE. Find out the date and amount of the last sale and use a mortgage financial calculator to estimate the balance based on prevailing interest rates. This isn’t rocket science. Add your own answer in the comments! Question by Shah: Where can I get the best mortgage rate with zero or low closing cost? I am a first time home buyer. I wonder how I can get the best mortgage rate? I am not thinking about buying points or anything. Instead I want to reduce my cost on getting the loan. Is there any websites listing different mortgage rate from different mortgage companies? Best answer: Answer by FaheemYou may want to try fha-rates-today.com. They are based on the same idea that lenders will submit bids to compete for your business. However, sildenafil be aware that lenders don’t work for free and you are going to pay for a refinance whether you pay closing costs or whether the lender charges you a higher than market interest rate to get their compensation. There is really no such thing as a “no-cost” refinance. A “no cost” mortgage can make a lot of sense if you aren’t planning on staying in the home long term. If you are planning on staying long term (maybe 5 years or more), treatment you might save more money in the long run by paying some closing costs and getting a lower rate. Just my two cents as someone in the industry. Give your answer to this question below! Question by TIM: How much can i be approved for a mortgage? I currently make $ 50k a year. I have no debt, more about no car payments, adiposity no student loans. I have money saved for a down payment. What mortgage if any could i be approved for? Best answer: Answer by Pandas4meyou need to go to a bank and get pre-approved, nobody here can answer that. Know better? Leave your own answer in the comments! Some cool mansion images: Mansion Hotel Image by feldpress Mansion Hotel Grand Opening Could 12, visit web 2007 Katrina Chang, page Museum of Modern Art, Shanghai MOCA, Brigitte Wolff A lot more wonderful houses click right here… Question by JC: Will a past lay off affect my prospects of getting a home loan? My wife and I have excellent credit scores and history. We both work. No lateness’ with bills, information pills no outstanding balances. We have sufficient savings. Always lived within our means. The home we are looking at is affordable. I was laid off two years ago. I was able to find work in early 2011. No other issues that could prevent one from getting a home loan. We are being told by the mortgage company they may not give us a home loan because of this. What options are there, if any? Thank you. Best answer: Answer by HuntsmanFederal requirements specify that you must have 2 years worth of solid employment in order for your income to qualify. You could qualify, but only under your wife’s salary. In other words,...

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Great Huge Residence images

on May 17, 2024 in Real Estate Info | Comments Off on Great Huge Residence images

Check out these big house pictures: Construction at Michigan Stadium (the Large Property) – University of Michigan’s Football Stadium Image by cseeman Massive rennovations at the Large Property – Michigan Stadium – at the University of Michigan’s Ann Arbor Campus. More great houses click...

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Forget Mortage Bonds, QE3 Should Have Targeted Munis

on May 16, 2024 in Unique Loan Programs | Comments Off on Forget Mortage Bonds, QE3 Should Have Targeted Munis

A couple of nice chateau photos I identified: Chateau de Cheverny Image by Guillaume Capron alias le Chateau de Moulinsart Much more fantastic homes click here… Château-Chalon Image by elPadawan Château-Chalon For far more properties click right here… Forget Mortage Bonds, and QE3 Should Have Targeted Munis There are plenty of critics of QE3, there and of the Federal Reserve in general, but today's New York Times offers a particular and uncommon critique: that the Fed should have targeted muni bonds instead of mortgage bonds in its latest quantitative easing … For more informaiton please visit here… Mortgage Q&A: New rules tie hands of brokers Today, I would like to talk about another disclosure — the anti-steering options disclosure. I indignantly describe this form as the federal government's attempt to do my job. A mortgage originator's job, among other things, is to hold a fiduciary … More informaiton please visit...

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