Are there any mortgage co’s that do 125 LTV equity loans with high DTI ratios?
Are there any mortgage co’s that do 125 LTV equity loans with high DTI ratios?
I recently signed a contract to buy a new home from the builder, previous contract fell through, the home is ready for move in, I was told closing costs would be paid by the builder. The contract is contingent upon me financing thru the builders mortgage company. I paid a pretty large earnest fee, 8k. I was reluctant to pay this without talking to the lender first but of the course I was told their mortgage co would be able to provide any other rates that banks quoted me. As it was, I had a preapproved loan, and yes it is at a much better rate. Now it looks like I am stuck with this deal. The papers provided by the mortgage co don’t reflect any closing costs being paid by the builder, they actually have my earnest money listed in this block. Am I being taken for a ride here? Any help out there?
Posted in Homes For Sale
Tagged anybody, banks, builder, closing costs, contract, earnest, earnest money, Home, mortgage, mortgage co, mortgage company, move, problem, sale, type
CONCERNING MY MOTHER HOME,HER HUSBAND PASSED FOUR YEARS AGO.MY OLDEST BROTHER MOVED IN ,BECAUSE MY STEPFATHER TOOK OUT SOME KIND OF LOAN ON THE HOUSE,THE VALUE WENT UP TO 65,-MONTHLY PAYMENT OF 348. WHICH WERE PAID ON TIME.THREE DIFFERENT MORTGAGE CO. LATER,THIS PERSON,HAS MADE IT HARD, HE’D HOLD THE PAYMENTS FOE 3-4 MOS.NOT POSTING THEM,AND OUR BANK WOULD RE-IISUE THEM,NOW, WE’RE INFORMED TO VACATE THE HOME!IT’S IN FORCLOSURE, NO ;LEGAL NOTICES SERVED.JUST A PIECE PAPER GLIUED TO THE DOOR FROM ANOTHER REAL ESTATE HERE,WHEN I PHONED THIS NEW REALTY,THAT’S WHEN WE FOUND OUT ABOUT A FORCLOSURE!BECAUSE THE MORTGAGE CO.IN FLA. WERE NOT POSTING OUR PAYMENTS,WE CAN ONLY ASSUME THIS GREAT MISTAKE!OUR MOTHER HAS LIVED IN THIS HOME FOR 32 YEARS,AND THIS IS AN OUTCRY, OTHER THAN OBTAING A LAWYER(WHICH WE HAVE)AT THIS WRITTING WE HAVE’NT MET WITH HIM,OUR APPT.IS TWO DAYS AWAY.I NEED TO KNOW WHERE CAN I PUT A COMPLAINT AGAINST THIS CO? THEY ARE IN BAD STANDING WITH BBB.I’VE JUST FOUND OUT. THANKS!
Posted in Mortgage Tips
Tagged appt, bbb, brother, COMPLAINT, foe, german, great mistake, HERE, Home, houston, it, KNOW, lawyer, legal notices, mortgage co, our, out, outcry, piece paper, Real Estate, stepfather, the, this, with, WOULD, writting
i want to buy raw land that is for sale it costs 500000 and i only want to put down 125000 or 25 percent. i have an excellent fica score and no i dont have a home i want to take out a second on. if you have a program like that please give me a shout
Posted in Land For Sale
Tagged bank loan, dont, fica, fica score, Home, Land, loan, mortgage, mortgage co, percent, Program, raw land loans, sale, score, shout
I recently signed a contract to buy a new home from the builder, previous contract fell through, the home is ready for move in, I was told closing costs would be paid by the builder. The contract is contingent upon me financing thru the builders mortgage company. I paid a pretty large earnest fee, 8k. I was reluctant to pay this without talking to the lender first but of the course I was told their mortgage co would be able to provide any other rates that banks quoted me. As it was, I had a preapproved loan, and yes it is at a much better rate. Now it looks like I am stuck with this deal. The papers provided by the mortgage co don’t reflect any closing costs being paid by the builder, they actually have my earnest money listed in this block. Am I being taken for a ride here? Any help out there?
Posted in Homes For Sale
Tagged anybody, banks, builder, closing costs, contract, earnest, earnest money, Home, mortgage, mortgage co, mortgage company, move, problem, sale, type