Just wondering if someone could help with a couple of queries. My boyfriend and I are looking to buy our first home together. He already has his own house which we are selling. We want to change mortgage provider because he isn’t happy with his current lender. Does he have to inform them that he [...]
Category Archives: buying home mortgage
When buying a home, can you obtain a mortgage that is a little more than the asking price to cover upgrades?
Posted by admin on July 20, 2010
5 comments
I want to buy a condo for like 140,000 but,I want to make some upgrades to the kitchen. Can I take out a 150,000 mortgage or does it have to match the asking price of the condo? It’s called an FHA203K loan and you need to be able to qualify for it. They still exist [...]
When buying a home, can you obtain a mortgage that is a little more than the asking price to cover upgrades?
Posted by admin on July 20, 2010
0 comments
I want to buy a condo for like 140,000 but,I want to make some upgrades to the kitchen. Can I take out a 150,000 mortgage or does it have to match the asking price of the condo? It’s called an FHA203K loan and you need to be able to qualify for it. They still exist [...]
Is there as special type of mortgage available for buying homes that aren’t built yet?
Posted by admin on July 20, 2010
5 comments
Is there a mortgage available for buying a home that isn’t built yet? Can you apply for it when you already have a pre-existing mortgage on a home you plan to live in until the new one is ready? Any help is appreciated! I plan to visit my banker later in the week, but I [...]
buying a home with reverse mortgage?
Posted by admin on July 20, 2010
4 comments
My dad is 70 years old. If he was to buy a house today, can he go straight to the reverse mortgage, or does he have to buy the house and then go to the reverse mortgage. please help. he’s planning a down payment of 10% of the house. It wouldn’t make sense A reverse [...]
What do you think of someone buying a home and having a mortgage at a young age?
Posted by admin on July 20, 2010
4 comments
I want to know everything there is to buying and owning a home before I even consider purchasing one, but is there anything wrong with a 19-20 year old wanting to buy instead of rent? I just don’t see the point in wasting the money on rent when I can put it toward a good [...]
Thinking about buying a home.. How much more over mortgage can I expect to pay?
Posted by admin on July 20, 2010
6 comments
I am thinking of buying a home, Was wondering how much more over the mortgage price can i expect to pay, insurance, garbage, utility etc.. please give numbers whether they are exact or a rough figure. So for a mortgage of 1000 how much do you think I can expect to shell out extra per [...]
Any advantages of having my wife’s name in the mortgage and home buying process ?
Posted by admin on July 19, 2010
4 comments
I am the only one working in my family. My wife does not work. I have a good fico. I am planning to buy a home and in the mortgage application and home process I am using only my name. 1) Any advantages of having my wife name also in mortgage and home process ? [...]