Posts Tagged ‘Less’
Is there any home loans for first time buyers with less than one year of steady work?
18
Jul
My boyfriend and I have found our dream home. But we have a few problems. He has only been at his current job for about 7 months. He makes about $1600 a month before deductions. I just started working a few weeks ago and I am going to be making about $2,000 a month before deductions. We both don’t have very good credit. And we do not have a down payment. We were told we could get a loan with zero down. But all the loans I have seen require you to have good credit and at least 2 years of steady employment. Maybe I am looking in the wrong places. Can someone give me some advice or point me in the right direction? Thank you.
Is there a mortgage loan company, that will refinance our home if the value is less mortgage balance?
08
Jun
My husband and I are in our 30s. We have a mortgage that is unbearable but we have manage to make the payment for the three years that we have had the home on-time. Our employment status has changed and my husband is the only one working. Our home value is less than the balance we have. We have good credit. Is there a loan program that can help us reduce our payment/rate? Our rate is currently at 11%. Are there any programs for minorities? Lastly, our mortgage is with HFC and they are dissolving but there mother company is HSBC. I called them re: the President’s Home Affordability Plan that was announced on 3/2/09. Per the website, I should qualify, but HFC said that they did not have any info on this yet and I would have to wait but it looks like I would not qualify. That does not seem right.
I hope this makes sense.
I would greatly appreciate some real help.
we purchased the house for 143,900 now the house is worth 135,000 and our loan balance is 151,000.
Can the 2nd mortgage loan on my home (80-20) be erased in a bankruptcy? The home is worth less than the first
20
Apr
I have two mortgages and I plan to go into bankruptcy. I heard that I can get the second loan be erased through bankruptcy since it is ulnsecured debt, because the value of the home is totally less than even the first loan?
Is it possible? under Chapter 13 or even Chapter 7?
Should I refinance my home mortgage if the current fixed rate is a full 1% less than my current fixed rate?
15
Apr
The current rate is 5.6% and my current mortgage is 6.6%. I got the mortgage 2 years ago.
What nationally known companies will help finance a home loan w less than perfect credit ?
05
Apr
I am a single parent who is correcting bad debt and slowly increaseing my credit score. I make decent money and expect my income to increase after graduating with my bachlors. I would like to look into buying a home witihin a year or two what companies are best who work with single parents, or people rebuilding credit?
Can I refinance my home if I have less than 20% equity with my mortgage and home equity loan combined?
03
Apr
The value of my home has declined but I would like to get a lower interest rate, especially on the home equity loan. Help.
Who will a 40-50% home equity loan to someone who is self employed for less than 2 years?
27
Mar
I started my Store 5 months ago.
I have 65k in equity, and only want 20-25k. Where can I get a loan like this?
the house is worth 175 and I owe 110
credit 700
My home appraised for less than my home loan amount. Any suggestions on how I can refinance my home loans?
13
Mar
My first mortgage balance is $650,000.00 I have a pick-a-payment plan my lowest payment option is $1933 per month.
My second mortgage balance is $94,000.00 with a adjustable payment currently at $786.00 per month.
The appraised value of my home has dropped from $845,000 to $730,000 in one year. What can I do?
does anyone know if or who will give a home equity loan or LOC if you have been in your house less than year?
12
Mar
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?
How do people get home loans for like $200 even $300K and have monthly payments for less than $1000 a month?
03
Mar
My husband and I both have excellent credit (all 3 scores for both are above 780), and even with an ARM 5/1 loan our payments for even a 145K loan are more than $1000 a month. I see adds for loans for less and just wondered how they do this?
I know the disadvantages to an ARM loan. We will probably go that route anyway because we plan on only staying for a couple years.
Can you refinance your home loans even though your house is worth less than what is owed?
22
Feb
We have 2 loans and with the interest rates going down, it may be in our best interest to try and refi and have lower payments though most people would tell us to just walk away and buy a cheaper home….