There are errors in baseball just like the errors that are made by FHA homebuyers
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Read more about the FHA Loan here.
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1st time home buyer looking for 100% percent financing on a 350k loan in california credit is 640 and 600 income is 6000 per month combined.
We bought a house for about 100,000 and now after 4 years it is worth about 180,000. Are we no eligible to have our MIP dropped from our loan. I am hearing so many mixed answers regarding this and would appreciate hearing from someone well versed in the area.
Searching yahoo shows some people saying they can only cover closing costs. Some saying you can get the earnest money back. Some say you can get cash back. Which is it? I’m looking at buying a house for way under what it’s worth. Even if I paid 10,000 over the asking price it would be a steal.
I need more help for closing costs and downpayment. The home is in Oklahoma. I’m a single mom and 1st time homebuyer.
I am a first time home buyer in Columbus Ohio and i heard about Down Payment Assistance Grants program that could exist. Could anyone shed some light on this?
I may or may not be able to make the 20% down payment.
I am a single parent of one dependent making about 37000 a yr in Tennessee.
a hefty down payment such as 5%.(for conventional loan) i can do a 3% which is what a FHA requires. i believe to qualify you have to have a good credit record for the previous 2 yrs. which is not a prob. for me
I was told that you can’t wrap an FHA loan. I have researched and see no reason why not. It appears that if the loan is assumable it is wrap-able. Does anyone have any experience with this?