I will be shopping for a mortgage in a couple of months. I know that if too many lenders pull your credit it will lower your score.
But I heard that you can have your credit scores pulled as many times as needed in a 2 week period and it will only count as one hard pull.
Is this true?
Thanks!
Posted in Mortgage Tips
Tagged check, couple, credit, credit check, lenders, mortgage, score, shopping
Can anyone do a mortgage on a property with mobile homes on it?
I’m looking to buy my first house, and I want to seem reasonably intelligent before I sit down with a mortgage broker. If I am interested in purchasing a home in need of a few, minor repairs, can the cost of repairs be included in the home loan? Or, say: for aesthtic purposes, the lawn needs to be sodded…let’s say…to prevent erosion, etcetera. Can that be included in the loan? Or, do both of those instances fall under the category of home equity loans? Ahhh – here’s an additional question: Just for curiosity’s sake, how long must you own a home before you qualify for a home equity loan?
Posted in Mortgage Tips
Tagged broker, cost, curiosity, equity, erosion, first house, Home, home equity loan, home equity loans, home loan, house, initial repair, instances, Lawn, loan, mortgage, mortgage broker, need, repair, sake
Also, what about these companies who offer lending 125% more of your mortgage balance? New Day Financial does this. Is there any catch? I’m trying to borrow and extra $30,000 which is why I’m looking at refinancing.
We’re finally going to Disney this year. Any tips for doing it without needing to take out another mortgage?
feel free to recomment websites, etc…
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Posted in Mortgage Tips
Tagged disney, mortgage, recomment, year