Will late payment affect our loan application?

Hi, I am freaking out at the moment because I saw a late payment on my credit report. It was a water bill payment and looks like my husband paid a month late. We are applying for a mortgage next month ...

Trying to save for renovations

This is my second time to get a loan but I don't qualify for an FHA. What loan product can give a 3 to 4% down payment? I also want to lower closing costs and would love to hear from anyone on how I can...

Any recommendations for a good online mortgage company?

Hi, moving to South Carolina from North Dakota by mid January. Can anyone recommend a good online mortgage company? I don't have the best credit ad I want to get pre-approval before I go house hunting. ...

Will there be an issue with my conventional loan application?

I have a single family home under contract. It's in zone RM 16 in Tampa. The house has two electric meters one for the main home and one for the back of the home. Will this be a problem for my conventio...

My wife wants to assume the loan for me

I am going through a divorce and my wife wants to assume the loan from me. My divorce lawyer doesn't know much about mortgages and says that the loan is not assumeable. Will she be able to assume the lo...

Will lender consider my plan as DTI?

I purchased a single family home in 2021 and is my primary home. I plan to have it rented and buy another primary home. If ever I close a deal with a tenant will my underwriter consider the rental incom...

Va loan is in my name, wife was on title..Can she be added to the loan?

Live work loan

We paid cash for an old 2 story factory with basement last January. We have been renovating the top floor to be our home and will eventually make the main floor a wellness studio. The basement will not ...

2 years not employed and applying for a loan

I am a home maker and I've been without employment for about two years now. I plan to use a DSCR loan to invest in a multi family unit. I have 640 credit score. What type of loan should I apply for? How...

Lender hesitant to provide a break down of payments

Hi, first time homebuyer here. I recently had my offer accepted and I asked my lender to show me a break down of payments. He got bothered by my request and told me buyers don't usually ask for that stu...

I am looking at home equity loans

Hi, I am currently looking at home equity loans. My second home's mortgage is paid off and I plan to buy a 3rd property and do some renovations on my primary home. I bought my primary home a year ago a...

Are there down payment assistance programs in Georgia?

I am buying my first home and I am getting a USDA loan. I need down payment assistance and was wondering what’s available here in Georgia. Is an FHA loan a better option than USDA? I prefer 0% downpay...

Will co-signing on a lease affect mortgage application?

I will co-sign an apartment lease for my mom. I also plan to get a mortgage soon for my family. Will co-signing affect my chances of getting approved? How long after signing a lease should I apply?

Plan to buy a 3rd home

I’m considering home equity loans at the moment. My 2nd house’s mortgage is paid off and I want to buy a 3rd home while doing some remodeling on my first home. I bought my primary home last June and...

Trying to defer a mortgage payment

I’m trying to defer 1 mortgage payment while having 6 years of on-time payments. My lender is giving me a hard time with this. Should I give up or continue with my request? Are there any consequences ...