Home Equity Loans Arizona

A home loan with less than 20% down requires PMI (Private Mortgage Insurance). Since most “sub-prime” mortgages would require PMI, why are banks losing so much money on these loans? Shouldn’t it be the insurance companies that lose the money?

What are the odds of obtaining a home loan after a bankruptcy?

I’m a first time buyer and am trying to get qualified for a home loan. I’m scared that if i go to the wrong banks they’ll just keep runing my credit and lower my score so i want to go to one bank and run it only once hopefully. I have a 689 and am waiting to get it to at least 700.

I have 30k in credit card debt. I was wondering if I could consolidate that into a mortgage. I have never applied for a home loan before. Have people done this in the past?

we just bought a new vehicle the end of may, it’s our only payment besides rent, will it drop our scores much if we let one company run our credit? we are actively paying off old debts and sold our last house a year ago march. any help would be appreciated.

I would lke to know if there is a type of loan that will allow you to consolidate credit cards, personal loans, and purchase a home at the same time. I am currently a graduate student with student loans as well.

I have a FHA loan. How much would It raise the mortgage to. I owe about 12,000 in car and 5,000 in credit. Thanks.

I do own my own home but am still paying off my mortgage. My son needs more money for college and we’ve tapped out on student loans and my credit cards are all maxed. I was wondering what I could do and thought that a home equity loan with bad credit might be an option. I don’t know if it’s a good idea though.

Just bought home in distress. FHA Loan. Appraised 410k, owe 300k. Need to pay commission to broker who found it for me and need equity to do so. Anyone aware of a lender that will let borrow equity within first year of purchase?

We are looking at buying a home, but also want to get student loans in a few months for my husband to go to school on. With a home loan, is it harder to get student loans? Please let me know what you know. Thanks!

My ex has the house. The only collaterol I have is some IRA’s that have double the value as my debt.

What alternatives are out there? What do you suggest?
I have great credit, pay on time, not behind. I am wanting to get a home within a year, but will not be able with such a large debt. This monkey on my back is stifiling.

Thank you ahead of time for your suggestions!
081707 10:07

I have bad credit and bought a rundown property and fixed it up over time. I used my own money in financing the purchase of the property and have no mortgage. Is it possible for me to get an home equity loan for this property? its market value is around $120,000 and its assessed value is $50,000. Thanks for any input.