the frog asked:


I know NOIC give a loan without pmi to first time home buyers. I am with National city. How can I terminate this problem to avoid this extra amount on my loan?

David

Eskimo asked:


I have to set up the sewer and water on my land, and it will cost me about 4,000 dollars. Do most mobile home loan companies work with you on that? If not, where else can i get a loan for it?

Sheila

Becky asked:


My fiance and I are considering buying a bank/ lender owned home that totals no more than $70,000 asking price, I have a great credit score but not much on it, just a small loan and credit card. He has his credit full and not the best score in the world. Just curious if anyone knows how likely it is that we will be approved for a home?

Melanie

lil_shortiesunshine asked:


My husband, myself and our kids, are living with his parents, for the past six months. We both have very poor credit and are in desparate need of our own place. We now can afford our own place but cannot get a loan to purchase one. We have down payment in hand, and the monthly income to afford everything, but we are still without a home! Can someone please help with an idea of how to get a $6500.00 loan?
There is no other proerty or anything to be used for a mortgage! We are trying to purchase a very nice 3BR,2BA, mobile home. We have nothing other than the down payment to put on it, and can afford the monthly payments, and the insurance, along with everything else.

Chris

Annie asked:


I’m just about to sign on my first home loan but want to know how close to good faith estimate will my loan be? I don’t want to pay much more than what I was quoted. The loan agent at the mortgage company (referred by builder) has told me that the good faith estimate is a breakdown of what I can expect but he estimates it will be a bit lower. I don’t want to lose my earnest money and money for upgrades if at closing it looks wrong.

Martha

Orinoco River asked:


My friend is moving and she has not been able to sell her home. She asked me if I want to get the house by transfering the loan to me. I never have own a home, so I have been thinking about it…How can I do that? what are the risks and advantages of doing that?

Jerome

Linda PBBR asked:


I would like to purchase a fairly cheap townhome (only 115k). Would it be possible to get approved for a home loan (100% financing). If it is any help, even though my score is low, it’s actually on a steady climb upward -from a 540 a year ago.

I’ve been employed at the same business for 3 years, I make decent money and this would be my first home purchase. Will I get approved, you think?

Norman

Tom W asked:


It is for an investment property and I am only planning on holding on to it for 3-5 years. What is the best home loan available with the lowest payment without any differed intrest?

Stacy

michaeldorian asked:


I’ve been doing alot of research in terms of qualifying for a home loan and can’t seem to find an answer to this. Many home loans require you to show a bank account statement of atleast 3 months of savings. I unfortunately don’t have that but the monthly mortage is not an issue. Will my parents adding my name to their savings account allow me to still use that account as proof of the 3+ months savings to qualify for the loan? Will this help in any way towards getting approved for the loan. Thanks!

Paul

William L asked:


I am looking to buy a 40,000- 50,000 condominium and was wondering if a home loan so inexpensive will be hard to get.

My credit score is 710, I am self-employed and make 50,000 year. My only debt is a 35,000 car loan with 32,000 left on the balance with 6 years left to go.

My problems are that I’ve only been self-employed for a couple months, and the auto loan is just as new.

Vicki