Category Archives: home loan

I am 20 years old and need a home loan and buisness loan help me out?

Ok im 20 I need a buisness loan for a company i am starting that will be successful 100% sure. Also need a loan for a house as i will be working out of my home. I am planning a non-profit collective for seriously ill patients. I need some startup money and a home loan [...]

How can I get a personal loan from my home loan?

I have owned my home for three years but since refi-ing it two more times have close to no equity. With that said, is there a way that I could find a company to give me a medical loan with the house as collateral? My mortgage company wouldn’t do it even though the note has [...]

Can a home loan typically be used to purchase a live/work space?

I recently was pre-approved for a home loan. I was looking at a normal house, but now I have an opportunity to purchase a live/work space for the exact same amount of money. Is this generally acceptable? You may need to amend your application to a Commercial loan. Did you complete a residential loan application? [...]

How do I choose a bank for pre-approval on a home loan?

I’m currently renting an apartment and want to purchase a home. I first need to get pre-approved for a home loan so I know what type of house I can afford. What should I look for in a bank when considering a home loan? Should I stay with the bank I currently have a bank [...]

What are the problems in submitting bills while availing home loan on own construction?

I want to avail home loan from bank to construct home on my plot. I want to construct the home by using labour contract and providing materials. Bank ask to submit the bills for availing loan in installments. What are the problems faced during submission of bills? I don’t have any experience in construction field? [...]

What type of home loan is best for someone with 680 Credit score, no money down?

I’m looking to buy a home. My credit score is 680, but I have no money to put down. What is the best loan option for me? A friend is buying a home and he says his rate is 1% and his mortgage increases by 1% per year. Not his interest rate, but his mortgage [...]

Is there a home loan for people who have not so perfect credit?

We have a 5 bedroom, 3 bath double wide home that is on approximately 2 acres. We would like to sell this and either build or buy another home. We would like to do this quickly if possible. Will you please let me know ASAP about someone who would loan money to someone who doesn’t [...]

How can I get a home loan with bad credit?

I am desperately wanting to purchase a home for me and my children. I have a steady income and the down payment but my credit is in bad condition. We desperately need to move from our area, but the rental amounts are too high. I attempted to acquire a loan through Bank Of America, but [...]

How long to get a home loan with no credit history?

How long of a credit history do you need to establish to be considered for a home loan? There is no bad credit history, just haven’t established credit with anyone. If you have no normal established credit history, you can still qualify for FHA loans, and several conventional A-paper Fannie Mae loans, as well as [...]

Will student loans stop me from getting a home loan?

I am about to gain a $13000 debt in student loans. In about 6 months we are applying for a home loan. Will that student loan be applied to my debt to owe ratio? Will it be a factor when applying for a home loan? When applying for a home loan your credit report will [...]