Archive for October, 2008
Friday, October 31st, 2008
Kayc asked: How do you go about getting a loan for a home when your credit is really bad? I mean really bad, like 480 to 500. I have no money for a down payment, but my family qualifies for all kinds of free money programs. I just need a lender who will give me a regular mortgage loan. Anyone know what I can do?
Phillip
Tags: Bad Credit, Free Money Programs, Home Loan
Posted in Renting & Real Estate | 8 Comments »
Friday, October 31st, 2008
kristilynn729 asked: Does anyone know a company in Ohio that will give you a home mortgage loan for an investment property? We have excellent credit and already own our home and do not want to take out a home equity loan. The problem we are having is we only need the loan for $18000 and can not find anyone who will loan that little bit for a mortgage
Dustin
Tags: Home Mortgage Loan, Investment Property, Mortgage Investment
Posted in Personal Finance | 2 Comments »
Thursday, October 30th, 2008
Martha asked: The monthly interest on her credit card is 1.5%, the monthly interest on her car loan is 1%, and the monthly interest on her mortgage is 0.6%. After one month, her total accumulated interest is $460.50. If the interest on Megan’s credit card bill was $4.50 more than the interest on her car loan, find the amount of each loan.
Lloyd
Tags: Car Loan, Credit Card Bill, Home Mortgage
Posted in Mathematics | 4 Comments »
Monday, October 27th, 2008
soonerfan0808 asked: DH has bad credit(over 500 in a credit score) and we are looking for a home loan. We currently pay a mortgage payment through a relative who owns the house and we definately can afford the payments. Can you suggest a different company??
Thanks
Bernard
Tags: Credit Help, Credit Score, Ditech
Posted in Renting & Real Estate | 4 Comments »
Saturday, October 25th, 2008
Triton27 asked: I was wondering if i could get a home loan for about 50k? and what are my best options for getting this loan?
Here are my stats:
650 Credit score
Will be graduating from UC San Diego in December (but have no job lined up yet)
No student loans
Car paid off
No money in the bank
Could i get the loan by Early 2009? when would be the earliest i could qualify for this loan?
Thanks!
i live in CA and i will be working when i apply for the loan.
Melinda
Tags: Credit Score, Money In The Bank, Options
Posted in Personal Finance | 7 Comments »
Wednesday, October 22nd, 2008
cornfed asked: I have terrible credit but have been pre-approved for FHA at 6% interest fixed for 30 years.
I’m wondering if this is the way to go or if there are better ways to buy a home.
I’m a single mom, live in Iowa,have very little for down payment, good rent and work history, and signs that I’ve been working to improve my credit rating.
Edwin
Tags: Fha Home Mortgage, Home Mortgage Loan, Signs
Posted in Renting & Real Estate | 4 Comments »
Sunday, October 12th, 2008
samantha r asked: get a copy from a rent-a center on stuff that i purchased, to show good payment history for the past couple of years(puchased a washer and dryer on a 2 year payment plan, and was never late), if i don’t have a lot of good payment history on my credit report?
if so, will this help get a home loan by showing something like this to them?
Herbert
Tags: Credit Report, Payment History, Rent A Center
Posted in Personal Finance | 9 Comments »
Saturday, October 4th, 2008
Teresa D asked: We have 2 medical-related judgements and one from a credit card on our credit report. We spoke to a lender about buying a home and he said every mortgage companay would deny us because the people who have the judgements against us would put a lein on the property until they were paid. Is that true?
Renee
Tags: Buying A Home, Credit Card, Credit Report
Posted in Renting & Real Estate | 4 Comments »
