I need to move in Jan. but i don’t want to start looking, if I can’t get approved. Can a lender “hold” a rate quoted for this long?
Posts Tagged ‘Want’
I have complete a pre approval of home loan, but I want to discard it and find another lender?
07
Jul
My usda home loan has taken so long the home I want is going into foreclosure. What should I do?
21
Jun
Does it really take this long? I have until Friday the 8th of Jan 2010 to close or the home goes into foreclosure. All I am waiting on is USDA. I’m all packed and we were promised we would know after a few weeks. Everything else is approved.
I want to buy a new car by taking cash out of my home that is mortgage free. Is this the way to go or not?
15
Jun
I own my home free and clear. It’s appraised at $950,000. I want to buy a new truck and was thinking of tapping some equity-$30,000 – to pay off the car and pay the loan on the home equity loan instead. The car payment- with financing- would be around $530 a month. The home equity loan would require me to pay about $300 a month. On the surface it looks as if the home equity loan is the way to go. Just wondering if anyone else has done this and what risks/ regrets you had if any?
Forgot to mention income:$80,000 combined income with my wife. Excellent credit/ FICO SCORE 840. No outstanding debts other than 1 credit card with a $200 balance. Never had credit problems and would not have trouble making the monthly on the loan. I just would much rather pay less monthly using my equity vs. Financing through a dealership- some thing about car dealers that makes me weary. With a fixed payment on the equity loan, I would feel more at ease. I’m not one of those people that uses their house as an ATM. My old truck died and I really need another one to get around and go to work. This purchase is because of need rather than want. Just wanted to clarify. Thanks
I borrowed $ from a friend for a home (foreclosure) and now I want to pay her, what kind of loan do I need?
05
Jun
I’ve been making payments to her and I want to pay off the rest of the loan. I don’t know what kind of loan I should take out to pay her the rest of the money. Do I need to take out a mortgage or a 2nd mortgage, a home equity loan or a personal loan to pay my friend back?
We want to refinance our mortgage, but we need to use a ’stated income’ Are they even available anymore?
04
Jun
We refinanced, with cash out, about 9 months ago. We qualified through our Stated Income. We paid off all of our credit cards and outstanding bills and tax issues. The rate is adjustable and very high. Our plan is to stay in this home for approximately 7 more years.
The payment is manageable, and we pay extra toward the principal each month, but we want to refinance and lock in for 30 years at a better rate.
We have well over 50% equity, and will maintain that equity if we refinance.
Problem is, we will only qualify with our ’stated income’. Is a ’stated income’ loan a thing of the past?
is anyone interested in working with a couple in arizona…we want to buy a house.?
30
May
I have questions for ARIZONANS only. I need a reator to show me houses and a lender for the west valley arizona area? where can I see some houses on the web for Az ? I have a VA home loan and want to use it STAT!
Want to combine 2 home equity loans – how to claim on taxes.?
23
May
I am considering combining 2 home equity loans. At the moment I can claim the interest paid on 1 of the loans as it was for home renovation, but not the other, because it was better to take the standard deduction under personal expenses. I rent my house out, and need to know if I will still be able to claim interest for my taxes on the $ used for original home renovation.
We are in the military and stationed in Japan. We rent our house out in FL. I took out a home equity loan when we first moved into our FL house, and because it was for renovations, I am able to claim this under the rental expenses. The 2nd home equity loan was taken out to consolidate debt, as it is easier to make one payment while in Japan. We have equity in our house still. I want to consolidate is because we are going to be stationed in VA, and as we don’t want to sell our FL house and don’t want to rent we are going to try and buy a 2nd house. If I consolidate these 2 loans it frees up $400 for 2nd mortgage.
I want to refinance my mortgage due to the recent low rate. Should I wait longer?
22
May
I bought an apartment in 2007 and the mortgage rate for 30 years is 6.5%. I recently went to a bank and they gave me the rate of 4.9% (as of April 09) for refinancing. It seems like Obama’s plan is working which is great. But do you think the rate will even go lower? Should I wait longer or better to settle now?
I have a credit score of 553 and want to try to get a home loan in 12 months!?
19
May
If my credit score was to go up at least to 600 and I put 20% down would I be able to get financed for a home loan?
if i have past bad credit and want to get a home equity loan where do i go i own my home no payments?
18
May
a few things come up on credit report
Want to do business proposal with uncle using his Home Equity Line of Credit to Buy Real Estate?
18
May
I have a property management company and would like to use my uncle’s Line of Credit to buy Real Estate then propose splitting the profits when the property is sold 50-50 split of the equity. What is best way to set and and report from an accounting standpoint?
Want to put about 10K into finishing our basement. Don’t have enough equity for home equity loan.?
17
May
What are the best options otherwise to borrow? A personal loan? Credit card? By the way, what is a good personal loan interest rate?