If you don’t mind my asking, I’m trying to figure out what a reasonable percent of my income is to be going towards a mortgage payment. My partner and I make around 00 gross monthly, and I’m wondering what percent of that we could reasonably spend on a mortgage without getting in over our heads. [...]
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Archive for May, 2010
Does the home loan interest rate vary between online quotes and the real ones ?
By admin on Sunday, May 16th, 2010 | No Comments
- I am planning to buy a home – i have put an offer on a house and almost 100% done deal Now I have to look out for a home loan. I am looking at several online interest rate quotes what lenders are giving based on my facts. Some of them are sending quotes [...]
Read More...Can I get a refinanced mortgage if i start a home business with no employees and still work my regular job?
I want to refinance my mortgage and I want to start a home business before doing so. It would have no employees and I would still keep my current job. My home business will not require any due balances or credit lines to increase my debt. Would mortgage companies see the worry that I would [...]
Read More...Can I take out a home loan for land and a manufactured loan?
By home loan I mean a home loan and not a personal property loan like on a trailer home/manufactured home in a trailer court. I qualified for a home loan and I want to keep it cheap, so I want to purchase a piece of land and a manufactured home. Wil this work as a [...]
Read More...I have a mortgage on one home, can I get a second mortgage to pay for another house?
I’m planning to relocate, but current owe a mortgage for k. I also have a bankruptcy on my record thats a couple of years old. I’d like to find new home in the state I choose to live in. Would I be able to get a second mortgage or refinance my current home in order [...]
Read More...Do you need to have the same job for 3 years to qualify for a home loan?
I dont think this is true but this is what my husband heard today. We live in arkansas and he heard that you have to have the same job for 3 years inorder to get a home loan. Someone he knows is trying to get a house loan and this is what is happening to [...]
Read More...What caused the home mortgage rates to sky rocket, causing people being unable to pay their monthly mortgages?
The recession was caused by people being unable to pay back their home mortgages because the mortgage rates were too high? Banks were not getting their money back from home owners, causing a credit crunch, thus they were unable to lend money to big businesses. Big businesses then had to cut back on expenses and [...]
Read More...Can he still get an FHA home loan?
My boyfriend is applying for a FHA home loan today, he has great credit, 700′s and has had a job for awhile. The only thing is that he has cut back hours lately because of going to school and work and they asked for his last month of pay stubs. Usually he makes about 1500 [...]
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