What’s the best way for me to take money from my homes equity without refinancing. Also, how does that work exactly, does that money just get tacked onto the monthly mortgage at the current interest rate?
Are interest rates ever going to go down in your opinion?? My wife and I bought our house in 2022 because we fell for the mortgage broker saying “interest rates will go down soon so you can refinance and lower your payment” and it’s only gone up and then settled back down to what we financed at (around 6%)
What do you actually do on a day to day basis? I’ve heard of underwriters but in my head all I can think is you write up the contract but I know there’s more to it than that. What all are you actually doing to prepare a loan?
Around COVID I stopped paying 3 credit cards. They became chargeoff’s. Will I be able to get a mortgage with those on my history? I have a house now with a mortgage, but I’m considering selling to buy more house.
From a mortgage perspective, would it be better to wait for them to fall off in 1 or 2 years? The balances are between 2-4k. If I pay them off right now, they’ll still be “bad” for a mortgage loan for a few years, right?
Are you seeing an increase in applications that don’t meet the cut? I guess another way of wording it is are people applying for shit that’s out of reach? Or is the MLS app that a realtor sent me a link to accurate and I simply can’t afford the neighborhood I want?
Why is it after paying 2100$ a month for rent for the last 5 years, I still can not get a home loan for a 200k home with 15k down. I am told I can’t afford it.
My mom died and it took a year to finish the probate process. The mortgage company wouldn’t let me pay in that time and the house went into pre foreclosure they asked me to apply for mortgage assistance but the underwriter denied me because the Va didn’t want to give me control of the loan since I’m not a vet my mom was. Is there any way I can save the house? I still owe 200k on it with the mortgage.
Selling house soon. Job schedule very eratic. 840 fico. Want to put most of house sale into new home and have a small ($100-150k) mortgage. Looking to clear $625k.
How can I make my odd work/income schedule get approved. Last 5 years cleared $110-125k
Wife doesn’t work.
Comments
Weirdest thing you’ve seen on a bank statement?
What’s the least amount of money you’ve seen people buy a house with assuming no debt
What’s the best way for me to take money from my homes equity without refinancing. Also, how does that work exactly, does that money just get tacked onto the monthly mortgage at the current interest rate?
I’m trying to refinance my home, what does it mean when they say it has to be considered “100% complete” ?
Are interest rates ever going to go down in your opinion?? My wife and I bought our house in 2022 because we fell for the mortgage broker saying “interest rates will go down soon so you can refinance and lower your payment” and it’s only gone up and then settled back down to what we financed at (around 6%)
What is a mortgage underwriter?
Can you start to use bitcoin as collateral
What do you actually do on a day to day basis? I’ve heard of underwriters but in my head all I can think is you write up the contract but I know there’s more to it than that. What all are you actually doing to prepare a loan?
Around COVID I stopped paying 3 credit cards. They became chargeoff’s. Will I be able to get a mortgage with those on my history? I have a house now with a mortgage, but I’m considering selling to buy more house.
From a mortgage perspective, would it be better to wait for them to fall off in 1 or 2 years? The balances are between 2-4k. If I pay them off right now, they’ll still be “bad” for a mortgage loan for a few years, right?
Are you seeing an increase in applications that don’t meet the cut? I guess another way of wording it is are people applying for shit that’s out of reach? Or is the MLS app that a realtor sent me a link to accurate and I simply can’t afford the neighborhood I want?
Are we on the brink of another meltdown?
Why is it after paying 2100$ a month for rent for the last 5 years, I still can not get a home loan for a 200k home with 15k down. I am told I can’t afford it.
Have things slowed down or picked up lately?
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My mom died and it took a year to finish the probate process. The mortgage company wouldn’t let me pay in that time and the house went into pre foreclosure they asked me to apply for mortgage assistance but the underwriter denied me because the Va didn’t want to give me control of the loan since I’m not a vet my mom was. Is there any way I can save the house? I still owe 200k on it with the mortgage.
How do I tell a better title company from another? What fees change from one title company to the next?
Selling house soon. Job schedule very eratic. 840 fico. Want to put most of house sale into new home and have a small ($100-150k) mortgage. Looking to clear $625k.
How can I make my odd work/income schedule get approved. Last 5 years cleared $110-125k
Wife doesn’t work.
Your job will disappear