I make about 400k/year and I am eyeing a home that costs about 1.1million… I have good credit and no other significant costs, but this is my first home purchase… is it likely I can qualify? If there is anyone who works in finance and knows anything useful about obtaining a mortgage, I would greatly [...]
Nov 272011
Nov 272011
We are interested in renting out our current home and purchasing a second home to live in. What kind of financial requirements are there in order to finance the second home? (The first home is not paid off, the rent would cover the mortgage) I do know that we have to have 20% down, but [...]
I live in Utah and I am on a mortgage with my ex-spouse. He was awarded the house in the divorce, and in the decree was ordered to re-finance within a reasonable time, It has been 2 years, and he has not done so. I listed the mortgage in bankruptcy recently and was told my [...]
Nov 272011
We will be signing for our first home next week. The mortgage lender owned the house and he is for our first year, financing us himself, because of our credit points. The second year, we are going to in house finance. Would we still qualify for the first time home buyer tax credit even though [...]
I may possibly buy a home in the next couple of years depending on if I find what I like for the right price. I was wondering if a foreign currency mortgage is something that many people opt for and if it would be worth my time to research. Is there a chance for substantial [...]
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