I’m sure my situation is not unique and what makes it worse is that i am a real estate paralegal BUT here I go. My fiance and I (we’re in Connecticut) are looking to purchase a home in the next few months. The market for buyers is good here right now. We both work full [...]

please help me. this is for college applications. As long as the deed is in your name and you are current with your payments and expenses, you are considered the homeowner or the owner of the property. Thanks for asking your Q! I enjoyed answering it! VTY, Ron Berue Yes, that is my real last [...]

require that I put down only 3% down. The bank also informed me that I could take out an additional loan, fixed rate. This additional loan would help with all closing costs as well as some of the down payment because I want to put down 5%. My initial preapproval was for 5 % down [...]

I was hoping that somebody experienced in this area might be able to shed some light on things… My wife and I have had our offer on a home accepted, and we applied on Friday with Wells Fargo for the mortgage. I calculated my own DTI’s (we are applying for an FHA mortgage because of [...]

If my husband pays the mortgage and we own our home, can I select other and enter $0 for mortgage payment? You don’t have to list anything. What type of application are you filling out? If you are applying for credit you may want to keep it out (it will increase your debt ratio and [...]

my husband and I both have "poor" credit. I talked to the mortgage advisor and he said there is still a possiblity of us getting a loan. Just curious if anyone has any info on purchasing a home. Were first time buyers and are looking to buy in Chalmette, La. Which was destroyed by Katrina. [...]

Hi I am sure this question might be very difficult for a lot of experts out here, because the question is very rare i guess. i have been here in US for only 1 year now. my credit hstory is only 9 months old with only one credit line. I have reasonable salary to pay [...]

I am a first time home buyer and I am working with a loan officer. The loan officer has given me two good-faith estimates of closing cost and fees and both list the application fee as $0.00. All of the sudden there is an application fee of 450.00 which he never disclosed to me before. [...]