 Do they let us keep pets if our house is being foreclosed? |
Well our house is soon to be foreclosed. So, I was just wondering if they'll let us keep our pets.
I don't want to leave my 3 cats behind. Nor do I want to give them to a ... |
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 Can the seller back out of the house contract due to the insurance contingency? |
| When we wrote the contract to buy the house, our agent put a clause in there saying that if there were more than $1000 of damages found on the house by inspection, then the seller would pay for it. W... |
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 Can I pay more on my mortgage? |
| Can I pay more than what the bank asks for on my mortgage? For example the banks said my dues were $1500. Can I pay like 2000 when I have more money or is that illegal on a fixed rate loan.... |
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 Can you put a conditional offer that is dependent on the sell of your current home?? |
| We currently own our own home and we have decided to sell it after we found a different home in a better school district and twice the size. Is it possible to put an offer on the home we want that is ... |
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 I was recently denied mortgage by a company my buyers agent recommended? |
| my closing is supposed to be in 2 weeks. according to the loan officer it was denied because i paid my rent late 5 times in 4 yrs. my credit score is not that great but i make over 90,000. I really ... |
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 Ok...Hopefully,last question...? |
| They said we got the house,but they are meeting tomorrow to sign papers. Why aren't I included? Even if I am not a co-signer,I am his (buyer's) wife, so when my name goes on the title,when ... |
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| Do I need to give a 30 day knotice? |
| So heres my big issue. My husband and I moved to this place in the state of WI while we find a place to buy. We finally found a place that we want. Our landlord wont a even accept the 30 day knotice ... |
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 My daughter was given a 30 day notice to vacate the apartment. They don't want to renew. Pay rent or not????? |
| They said that they don't have to tell her why they don't want to renew. That sucks because she was given only 30 days. Is there a law to protect the renter. 30 days is not enough notice.... |
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 I'm consedering renting to a Section 8 tenant - any words of wisdom? |
| I've good & bad about section 8. Some people say it gaurantees a responsible renter, others say it's more trouble than it's worth. Has anyone dealt with this?... |
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 Getting pre-approved for a home....? |
| im 23 and pre approved for a home with my dad for $560k HOWEVER, is it possible for me to get pre approved on my own? maybe with co signer??? my credit score is in the high 600's???... |
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 Are the larger and VERY expensive estate agents the best? |
| I want to sell my business. Some estate agents are really expensive. Is it justified to pay so much in charges or would a smaller estate agent be just as good if the business is worth buying?... |
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 Can I get a stated income loan with a rating of 710 w/ 10% down and $6000 in student loans still unpaid? |
| What do I need to take care of before I try to get prequalified? What will they ask me? Should I try to pay off the student loan first? Credit cards are paid off, no car loan, nothing else. This ... |
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 Joint mortgage? |
hi
there is not enough equity in our home for my ex to give me the sum of money he promised he would.
As he promised me a sum of money, i had put in an offer for a new house, with me ... |
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 Is a 5yr interest only home loan a bad idea for a 1st time buyer? |
| I'm in the home market and do not have 20k to place down on a home, nor do I make 150k a year. Would a interest only loan for 5yrs be a bad idea? At that point I could re fi after 5 yrs for a 30 ... |
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| Advice on taking on a 100 year old house? |
| My husband and I may have a chance to take on my former marital home from my ex-husband since he stopped paying the mortgage and my name is legally still on it. It is not in a great area, and he has ... |
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Gretchen | How likely is it to get a loan for a home with zero credit? |
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kweavermtg
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You can use what we call "alternative credit" No credit is actually better than bad credit. Alternative credit is being able to provide 3 references with over 12 months of history ,without late payments that do not report to the credit bureau. Examples are: "buy-here-pay-here" auto loans, car insurance, cell phone, utilities like water, electric, gas, cable or satellite, etc.
Where you might have more trouble is if you are currently living somewhere rent-free without verifiable housing expenses. In cases without traditional credit, the underwriters look more closely at your current housing expenses compared to what you will be paying with the proposed loan. They will also be concerned with your job & income stability. If you can show additional reserves in savings/checking it helps also. Underwriters will look favorably upon an ability to manage a checking account without overdrafts. Our credit union offers these type of loans on both FHA and Rural Housing (depending on income and property eligibility). I've closed many loans like this with alternative credit references.
I mention the "alternative credit" because many people have told me they have zero credit because they've never had a bank loan or credit card . |
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Big daddy
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Not likely, lender underwriting requirement are tightening by the day it seems, and zero credit is a big red flag. My suggestion to you would be to open 1 or 2 credit card with low limits, maybe 300-500. Use them once a week to get groceries, gas, whatever, then pay the balance in full when the bill comes, this will help you establish some credit, good luck |
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♥ Heaven ♥ Lee ♥
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It is likely if you have a co-signer to help you = ) |
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jwishz
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Unfortunately, not good at all. You must have established creditworthiness in order to buy a home. That's what lenders require |
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Addisyn
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Home loans are now available to many people for whom they would have been out of the question just a few years ago. You’d be in much better shape to bargain for better interest rates if you had a more impressive credit history, but if the house you want is the deal you<!--believe it to be, a bad credit home loan can still work to your advantage.Your best bet in assuming a bad credit home loan is to pay as much cash up front as possible, and see if by doing so you can negotiate a lower interest rate.
http://best-loans.awardspace.com/homeloans.htm
http://mortgage-loans.awardspace.com/
You’ll save enough money over the term of the loan to compensate for the sacrifices you had to make in handing over the down payment.
The bad credit home loan can be a win-win proposition for both lenders and borrowers; the lenders, thanks to the higher-->interest rates, get bigger returns on the money loaned, and the borrowers get a homes in which to build equity, and chances to restore their credit records so that the first bad credit home loans they take will also be the last! |
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sloopy
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ZERO! |
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kemperk
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if you feel it is likely at all; tell America how and we will follow your method.
I prefer logic. I like to learn too. |
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