Thinkin of getting a small home loan…wondering what my options are?
Posts Tagged ‘Advice’
I want to broker auto loans from my home office, but have no ideal how to get started… advice, please!?
14
May
I currently work in the mortgage financing industry. I would like to be able to refinance my customers auto loans along with their home loans. Many of them do not have the equity to pay their auto loans off and many have rates on them ranging from 18-26%. This would allow me to provide another beneficial service and supplement my income.
Any suggestions on how to get started? Companies that employ auto finance brokers remotely?
Anyone with advice on how to refinance a home loan?
03
May
Our two year mortgage is going to expire and is going to increase with percentage ratee, which could kills us as we are already house poor. We’re also trying to sell our home right now so how would a refinance work with this.
I need some advice badly? HELP?
01
May
Write where do i start, Me and my ex has split up, we have 2 kids(3 and 1 yrs ) I work full time (50 hrs per week) and take home £1400-£1700 per month, my ex works part time (12-16 hrs per week) earning £400 per month + £benefits(?). she has no child care costs as i have them after work 3nights and every other weekend. Right heres where it gets tricky we have a mortgage £180′000. about £1′200 per month: £1500 inc bills(not inc my own). I pay £1′200 and she pays £300+ food.
I cant afford to continue to pay this as this is london and its expensive. she wont pay any more and says lets go bankcrupt.
Surely this is not a option? im 28 i wont get anything ever. i want to pay for my kids, but i couldnt if i took on the morgage as i prob wouldnt have enough even for that oh and the property is in neg equity.
please please someone help. as i cant even afford the solicitors.
Bad Credit, But no debt, home loan advice!!!?
26
Apr
So I am in the process of paying off all my debt, and within 60 days it will be paid off 100%!!!! I am trying to obtain a FHA 203K loan, to buy a foreclosed home. Do you think I will be able to do so?
I am currently in the process of paying off all my debt. It will be paid of 100% within 60 days. My credit score is low. I am trying to obtain a FHA home loan, specifically labeled “203K”. I will also have abobut 1500 down for the loan. Does one think I would be able to obtain this loan?
Maybe I should also add that many local lendors are allowing the 8K tax credit, the state of Idaho’s 5K tax credit to be added in. I will also have a co-borrower with a low DTI, and a great credit score. So total would actually be $14,500 for downpayment.
I guess I should also add, that my yearly household income (with my significant other) is 54K a year.
First time home buyer with excellent credit needs advice on Loan?
25
Apr
Got approved for a loan 100% to purchase a condo for 180k w/ 3 yr prepayment Penalty 40 years loan with 1st 3 years at a fixed rate of 8.9%… is this a good idea…
Cal Vet/VA Home Loan question. Need some advice!?
24
Apr
Is a 606 credit score good enough to get 200,000ish home loan? I am going to be a first time home owner. (hopefully 
Home loan advice Should we refinance?
22
Apr
We are in need of advice? What kind of mortgage should we get when we refiniance.
this is what we have now:
10 year fixed conventional (payed 4 years in)
Bal % Montly Payment
46,499 4.500 1,184.42
Prin interest Escrow
-580.01 176.55 427.86
Fixed rate equity loan 15 year payed almost 2 years in
Bal % Montly Payment
156,176 7.750 1,553.10
Prin interest Escrow
-540.96 1,012.14 0.0
We were thinking about getting a 10 year fixed loan at 6% with our bank. Our house is worth about 300k. We would like to keep our house payment under 2,800 including escrow. We plan to stay in this house for 5-10 more years. Our goal is to pay as little interest over that time as possible. Any ideas, hints, or options would be great. We can also borrow from our thrift savings plan through the government up to 50k at 4.5% = to the g-fund rate. Payment would be made over 5 years with each payment being reinveste
My wife and I are thinking about using Quicken Loans to refinance a mortgage on a rental property. Any advice?
14
Apr
Has anyone else experienced Quicken Loans. This is the first time we have not delt with the “local banker” and we’re nervous about the closing over the phone/internet thing.
financial advice needed please (Home loans)?
05
Apr
Hi my partner and I want to buy a house. Together we earn just under $100 grand a year. He currently has no debt however i have 15 grand debt. I want to get a new car and a laptop would increase my debt to about 25 grand. My partner seems to think I shouldnt get the car as this will make our chances of being approved for a hom loan very difficult once they see that im in debt, I understand where he is coming from I just think that people who approve home loans would take in consideration some previous debt. Please if your a home loan lender or anyone been in the same situation please help and advice me what i should do? by the way I live in QLD australia.
I have a 5 year ARM mortgage and i need advice on refinancing to a fixed rate mortgage?
31
Mar
When I bought my house it was worth 291,000 where I made a down payment of 20,000 and now I am having an appraisal getting done and with the housing market as it is, i’m sure its worth much less. I originally had a 5 year ARM mortgage at a 5% rate but am now looking to refinance to a longer fixed rate mortgage. What are my options?
I am 25,000 in credit card debt. I own my home (no equity) – need help with loan advice or debt consolidation?
28
Mar
I have been transferring balances and making payments but I would like to know if there are any viable loan options to turn it into one payment without killing my credit score. Any help would be appreciated.
Need advice on how to close out equity loan?
18
Mar
Have mortage loan at 100K (currently 1/3rd below value of home) Took out a 50K equity loan 3 years ago (needed for emergency reasons) – originally paid monthly interest around $175.00 but over time has jumped to nearly $400 just interest. This is killing me to pay each month for last 2 years. Credit rating is slightly mid-average and my income does not qualify me to merge both morgage and equity balances. I would appreciate any advice on what options I have, I am at a lost what to do.