Q&A
Asked by Jonah
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
The quick answer is that your maximum
debt-to-income ratio is 43% for both loan
programs. A better answer would be to consult
with a loan officer to get a more accurat...
Q&A
Asked by Chrstmar
FHA allows borrowers to obtain mortgages 3
years after a short sale. It would matter if
your prior short sale was an FHA insured
mortgage, but if not, you may be fine...
Q&A
Asked by Ralph
You may be able to, but since the Feds have
raised the rates a couple of times in recent
months, it's looking more doubtful. Look at
it like this: Bank borrows money...
Q&A
Asked by an anonymous user
Answered by Zoe Cramer
Financial Adviser
Financial Adviser
Well, mortgage rates will stay low through
2017; it could be another a banner year for
underwater homeowners. Fannie Mae and Freddie
Mac may help homeowners with under...
Q&A
Asked by Mark And Deborah
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
Thanks for the question, I would begin by
asking your present lender/servicer for
options. I would then contact several loan
officers for options, maybe contact the la...
Q&A
Asked by John
Answered by David Skow
Mortgage Professional in Seattle , WA
Mortgage Professional in Seattle , WA
John - this really depends on the loan amount.
(eg. using a $200K loan amount and a 4% rate
for 30 year fixed - the principle and interest
payment = $955 and using a 1...
Q&A
Asked by barrspamela
Answered by Dustin McAlister
Mortgage Loan Officer in West Des Moines , IA
Mortgage Loan Officer in West Des Moines , IA
It all depends on what your purchase contract
says. I would consult with an attorney on
something like this.
Q&A
Asked by goddess1012
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Your best bet is to use the Mortgage Planner
tool to see what your options are for
acquiring a mortgage. Or, you could use the
Find a Pro search feature to find a loca...
Q&A
Asked by Selom
Answered by IntroLend Writing Staff
Financial Adviser in Los Angeles, CA
Financial Adviser in Los Angeles, CA
Hello, Selom. Here is a great article on the
pros and cons of renting-to-own.
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