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| I got in one little fight and my mom got scared so she says I'm moving to my auntie's and uncle's in Bel Aire.... |
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 Is there a law against rasing the rent of an apartment? |
| My mother-in-law has an apartment in Maine. I was wondering if there are any laws in Maine saying how much, or how many times your rent can go up in a year. This will be the third time it has gone up ... |
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 Is there any way for me to take my name off the deed of a house w/o getting my husband involved? |
Additional Details
my husbands name is not on the deed. my brothers and sisters are i just want no part of it.... |
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Thinking of moving to FL, wondering if it is a good state to move to or not regarding affordabiltiy if your a middle class person with family young children?
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| I don't understand, why a bank or BS, will not give you a mortgage on a leased property, with 51 years less on the lease, when the mortgage is taken over 25 years? Any ideas?... |
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| My daughter just moved into a brand new house in a large development in July and it was appraised by a local assessor for $$$$. When she received the second half property tax bill it showed that she ... |
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| People have been stopping by with there realtor...then they ask if I am willing to work with their reator. So does that mean I have to apy the realtor a finders fee or something and if so, what % is ... |
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 Age to buy a house?!? |
| I'm 19, I've had an apartment for a year. Is there any possible way I could buy a house? Renting is such a waste of money! I live in Missouri by the way, so if anyone knows of some real ... |
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| never did a walk thru when we moved in, but she wanted one when we left her daugghter did it bc landlady lives in another state. told me today they found things wrong that were wrong b4 we moved in ... |
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 What makes a home unlivable? |
is it the family, the house or something else?
please explain.
how do i get out of the unlivable home?
Additional Details
i dont mean that.....
i mean more ... |
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 Adults: How old were you when you moved out of your parents' house? |
Just curious. I'm saving up for an apartment.
If you could give any tips for living on your own that would be awesome too. Thanx!... |
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| Can your landlord sell the house and make you move out before the lease is up?? |
| My landlord took the house off of the market when I started leasing the house. I signed a 1 year lease agreement. Now out of nowhere he came to me and says, "I have a lady that wants to buy ... |
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 Home buying process? |
My hubby and i plan on buying our first house rather soon. What is process like? Any tips, suggestions on how we should go about it?
We no dont have great credit, but its not awful either.... |
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justsomedumbgirl | Is it difficult to get prequalified for a home loan? first time home buyer? |
what if i have bad credit? what if i dont have a verifiable income? |
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Old Guy
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Getting prequalified and qualified is easy. Everybody out there wants your business. The trick is getting a good rate. Your credit score will help determine your rate. Remember that almost every lender out there will want your business, so pick the one with the best rate. Later, as time passes, and you show yourself to be able to make your mortgage payments on time, start looking for a better rate. You can then start by asking your current lender if it's possilbe for them to give you a better rate, or you can check out other lenders for it.
Don't get the idea that you are unworthy (for whatever reason) and that lenders are doing you a favor by agreeing to lend you money to buy a home. You are special, you deserve the best loan rate you can get (based on your history), and people out there are going to be fighting each other for the priviledge of getting your business.
When they loan you money, they make money from you by way of the interest they earn from you. How much interest money they earn from you depends on the interest rate they charge you. The riskier it is to lend you money (because of your history) the higher the interest rate will be, and the more interest you will pay. But as your history improves; that is you make payments on time, etc., the situation changes for the better. That is, you start to qualify for a better rate. Take advantage of that. Shop around as you prove yourself worthy of a better rate. Getting that better rate reduces your interest costs and saves you money. And as your credit history situation improves, people will be interested in providing you with a better rate to get your business. Be aware of your situation, and go for what's best for you. There will always be someone out there ready to do business with you (at a better deal for you) as you prove yourself to be worth the risk. And with a home, there's little risk, because if you don't pay, they can take the house from you. |
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hithere2ya
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Pre-qualify IS NOT the issue. Pre-approval or simply approved IS the issue. They are not the same thing. Pre-approved means that your credit and employment has been verified, you're ready to write an offer on a home because you know you can buy it. Pre-qualify only tells you what price range to shop for, nothing more and is worthless otherwise. You should know if you have bad credit or unverifible credit referrences before you apply Why would you supply unverifiable referrences anyway? Curious what people will do.
Use your telephone bill , gas/water/electric bill, cell phone bill, car payment, rent payments- basically anything that you pay on a recuring basis can stand to build a credit history.
To apply, you will need the last 2 check stubs, last 2-3 bank statements, 2 yrs on the job and last 2 yrs W-2 forms. If self-employed you will need the last 3 yrs tax records. Any negative items in your credit repoort need a written explaination, keep it short and truthful. Admit your error (if it is) and that you learned a valuable lesson. Give the lender a reason to do business with you. ***A big problem with some self-employed people is they tend to write off all their income and show low or no income, then they can not qualify for the home they want because they do not make enough money based upon reported income to the IRS.
If you have outstanding unpaid late or charged off bills you need to get them paid, and be clean for the last 12 months to qualify for an FHA loan, and have a min 580 FICO score. Use a bank or a regular mortgae conmpany with in-house underwriting only, no out-house underwriting as this is who will approve your loan. Out-house underwriting stinks, is overly restrictive generally in getting approvals and slow in obtaining approvals. In house underwriting lenders make decisions in house and in a shorter time frame. If they have desk-top underwriting you may get a conditional approval within minutes based on FICO scores, with final approval subject to verifications of employment and credit. FHA is a great way for many people to get a home and a good rate, which are set by the Federal Housing Administration, a government agency.
Hope this helps. |
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jb
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It really depends on your mid credit score, you can go stated income which means you wont need w2s or paycheck stubs, |
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Austin
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It's not difficult at all. You'll do what is called a "no doc" loan. You can choose to pay points--which give you a discount on the loan in the long run--or you can opt for a no-point loan.
Your credit is not an issue, though, as I have funded loans for people with ridiculously low credit scores before.
You can also go into a first-time buyer program. There are many options for you that you may not be aware of, but getting a loan is far from difficult for you when you have a good, solid professional to handle your loan.
If you need more answers, feel free to email me at:
austin@lhmdirect.com |
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cali boy
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It is not as difficult as it use to be...there are alot of new programs out there, that fits different criteria for every individualizal. Even if you have bad credit, there still are chances you can get a loan, even if you can't verify your income... |
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zolnux
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I just did that and it ws easy. Basically the bank tells you what you need to do to get your credit ready if it's not and then they calculate how much you could potentially qualify for based on your income and your credit. DO NOT think that if you are prequalified you can just get a loan anytime. your credit is constantly changing and I have seen people that I know end up "back at mom,s" because their loan fell through after being pre qualified. |
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sean
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You should talk to a mortgage broker. I started my career helping first-time home buyers finance their homes and it is not that hard. Rates are a bit higher but that is the result of bad credit and the higher risk for the lender because you will usually finance most of the purchase. Get a referral from a family member, friend or neighbor. Then call the broker and get a consultation, ask a lot of questions and let them guide you through the process. There is a lot of value in talking to an actual person. They should also explain how credit works and advise you about good habits needed for growing your score. |
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a4806
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Not really, we can do it online and it only takes a few minutes.
http://www.allsolutionsnetwork.com/cgi-bin/d.cgi/LG9905/loanapps.htm
Fill out the app and we will get started.
If you have bad credit, we can work with you to help repair your credit.
http://www.allsolutionsnetwork.com/cgi-bin/d.cgi/LG9905/creditrepair.htm
We also have no doc, no verifiy loans at:
http://www.allsolutionsnetwork.com/cgi-bin/d.cgi/LG9905/no_down_loans.htm
No Money Down Stated Income Home Loans
Some people make a ton of money, but have a great tax man so that their tax returns show little or no income. We understand the realities of aggressive tax manipulation. As such, with reasonable credit and an ability to show income (via bank statements or other similar methods), we can use your statement of your income to get you qualified for that No Money Down Home Loan.
No Doc, No Asset, No Job Home Loans
Do you have a great tax man? No bank accounts? No Job? Couldn't prove the ability to buy a hamburger? But REALLY GOOD credit? If so, you just have to prove that you are still breathing :-) It can be reasonably assumed that you have an income from some source to pay your existing obligations so... Even though we can't verify anything-- as with the stated income loan, we can use your statement of income and past proven ability to pay to get you approved. |
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prarthitv
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In terms of the first time home buyer process, its always a very exciting one and at times, can be very misleading.
The key factor to remember is that there are always lenders that are willing to pickup a mortgage or provide loan, but the Interest Rate will be a bit absurd (around 10% - 11%).
Saying that, if you start making normal monthly payments on that and do it for two years, you can quickly refinance and with the current market, bring the rate back to around 7%.
The questions to ask yourself is How much Down Payment will you put and why are you buying the house?
Also don't be afraid to ask your Real Estate agent to contact a Broker that works with hundreds of lenders or see if there is a local government, state programs available for grants. |
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Tiffani W
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No to get prequalified for a home loan is actually rather easy you give them your info and they pull your credit thats when you know what you are qualified for and what amount. If u have unverifiable income than it's possible for you to do a stated income loan. If your scores aren't that good than you may need money or find out if your seller would hold a second mortgage for at least a year. |
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sexytrojan
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You will get prequalified. If one place rejects you, try another. You'll just get a high interest rate, but you will get prequalified. |
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mikeyc06010
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You will always be able to get prequalified but the higher the rish the higher the interest rate. make sure you shop around. It is a very competitive market and there are many programs for first time home buyers and people with bad credit. If your in CT email me....I can help |
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palon1957
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no, because even though my yahoo bulk mail blocker is all the way secure, I get dozens of such offers each week on my regular email. I just hit the spam button. However, I know of immigrants who only were dishwashers making minimum wage who got homes and loans, without even residency papers. It depends who you deal with. I can't get a home loan, except for the "spam" that comes on my yahoo email almost daily. Of course, I reject any un-soliticed offers like these. |
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First time home buyer
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Hello,well let me get straight to the point,i live in texas,i am 21yrs old,my common law and I were first turned down by a mortgage company,because our credit was not good,and because my spouse did not have 2yrs of employment,meaning there was gaps where he was unemployed,so the loan officer said noone would lend us to buy a home,because our credit and my spouse needing to have2 yrs of employment...so I did my research and ended up going to wells fargo bank,and I was aporoved for an fha loan of 90,000..tthey could not include my spouse because if his 592 fico score....we want to be able to qualify for more ,we want bigger house,they advised him he can get a secured credit card to pick up his score...but what if he does?will he qualify with me if he dont have 2yrs emp..he needs a total of 5 mnths.....how long will it take him to pick up his.credit with thr credit card...what do we do??????no one here in the banks seem to care nor understand....they are careless and we feel that we r not getting heard at...help!!!!!!....thank u..hope to hear from u soon..bye |
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