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
I have $60,000 in various student loans, but since consolidating my combined payment is only $300/month. I have no other debt. Do lenders view student loan debt differently due to the flexibility of the loans? Also, would they look more at the total amount of the debt or the monthly payment when determining the rate and loan amount?
Posted in Mortgage Tips
Tagged amount, applicaton, debt, flexibility, lenders, loan, month, mortgage, payment, Rate, student, student loan debt, student loans
which lenders offer the most competitive zero down mortgages for physicians?
I want to take out a large HELOC on property A to pay for property B…and propety A is currently under contract for future sale. Most HELOC lenders lenders ask “Is property A for sale?” — and will refuse the loan if the answer is “yes.” I *could* play with the truth and answer “no” because technically, property A isn’t for sale…it’s a FSBO that was never listed and is now under contract. But my conscience doesn’t like that….feels like a fudge.
So how or where can I get a HELOC while being up front about the status of property A? Will any lenders do a HELOC knowing it will be ended by the sale of the property within a few months?
Posted in Homes For Sale
Tagged answer, conscience, contract, credit, equity, equity line of credit, fsbo, heloc, Home, home equity line, home equity line of credit, lenders, Line, Pay, Property, sale, truth
my husband, myself, our 3 kids, and one on the way are all living with his parents in a 2 br house currently. we have found a home that is only for sale for $8000, and we also want to have at least 9,000 more loaned out so we can consolidate our car payment into only the one payment per month- one problem. i am a SAHM so my credit doesnt count, and his is only 484 so we havnt been able to find a lender to accept us. we have tried all the major lenders, and still no luck as to anyone who will accept less than 500 as the score…. does anyone know of one?
i cant find the link for 1st metropolitan mortgage….. can anyone pot it?
i cant find the link for 1st metropolitan mortgage….. can anyone post it?
Posted in Homes For Sale
Tagged anyone, Br, car payment, credit, credit score, Home, home loans, house, husband, lenders, loan, parents, payment, sahm, sale, score, Way