Are these real or scams when I see some ads on google home loans for 4. 25% 30-yr fixed ?
I am searching for home loan rates and when I do a google search some of the links show as 4.25% or 4.49%APR for 30 yr fixed.
Are these real or some scams ? or will there be any catch later ?
1) What factors do I need to look at when looking at the quotes from lenders for homes loans ? just to make sure that I am not being charged high or getting ripped off ?
Can I get a home loan, Bad credit from a bad marriage. . ?
My credit is absolute crap from my former marriage (wife spending caused me extreme financial burden). When I say crap I mean bottom of the barrel.
I work from home and make between 5-7k a month. I want to move from California and relocate to GA where the housing is very cheap compared to here. I can easily afford a 500/mo mortgage on my income… But could I even get a loan despite my horrible credit? If so how much down would it take to get the loan?
I am a new Loan Officer, what can I do to help other refinance, get pre-approve or do home loans for them?
I am a new Loan Officer and was wondering on how to bring in people who wants to refinance, get pre-approve or do home loans either thru emails or something?
What exactly is a home equity loan and can I still get one with bad credit?
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.
What to look for when shopping around for home equity loans?
Any advice on what to look for when shopping around for home equity loans?
Are there referral commissions?
I have a couple of individuals looking for a home equity loan … I told them I’d look into it for them. I’d like to find a quality vendor, but if referrals commissions are paid out, I’d like to negotiate for that too.
How do I figure out what is a “great deal”?
PS. I’ll happily take general replies but this would be specific to Calgary, Alberta, Canada.
Is it easier to get a home loan with bad credit if you have 20% to put down?
I own a home now, but want to move. My credit has gotten bad since my last home loan. I would have at least 20% to put down on a new loan, do you think I could find someone who would finance me?
The credit problems I have now are from medical bills and other very small debts. I don’t have ANY credit cards, and my only other debt is my current house and car.
Would a bank qualify us for a home loan?
Thinking about buying a condo with my fiancé in Los Angeles…Do you think we will qualify and about how much?
His Score EX 750
Mine EX 710
No negatives
INCOME
Gross income combined is 51k
My fiancé makes another 4k a year but is not reported or taxed…I know this won’t help us.
EMPLOYMENT
I am done with school and I am currently working in the same field I studied. I have been working with my current employer for a year and 3 months. Prior to that I worked at another company in the same field for 1 year.
My fiancé has been at his employer for a year and 6 months. Before that he worked for a sporting goods store for 3 years.
DEBT
Together the only debt we have is a 239.00 monthly lease payment on my car.
No school loans.
We have plenty of Credit cards but all balances are very small and paid off every month if any.
I also contribute $100 a month to a IRA retirement account.
ASSETS
25000K in savings to spend on down payment AND closing cost.
My fiancé has a 2006 truck with 15k mileage –Paid off… (I don’t know if that counts)
I have been looking at those online mortgage calculators but I don’t know how true they are.
Let me know what you guys think… THANKS!
Using Home Loans and House Rent Payment slips for tax exemptions?
I took a home loan and showing the Interest paid for Income Tax exemptions. Now, I have rented the house which I took over loan and getting about Rs.5000. But I am still staying in a rented house paying approx Rs.10000. Can I submit House Rent payment slips to my employer so that I get tax exemptions for the rent which I am paying.
When Calculating with the affordable home calculator. . . ?
When i use the affordable home calculator, such as this one
http://cgi.money.cnn.com/tools/houseafford/houseafford.html
What do i count in monthly debt? Such credit cards, car, and other loans? or do i consider things like food, water/electric/gas/cable/phone….?
When using the calculator monthly debt makes a huge difference in the house price. My wife and i would have a combined income of around $100,000. Any idea how much we would get approved for?
With the economy, would banks be more willing to give home loans to people with bad credit at a lower rate?
I’m thinking about buying a home in rural KY where I live now. I have horrible credit, so with reading my question above. What would you think? Or would I still be laughed at? I’m just outgrowing my home with my family. And renting sucks. I’m looking at a loan of 50k