I purchased a house with a friend almost 4 years ago. She is now getting married, and we need to remove her name from the title and the mortgage. I know we will need to complete a quit claim to remove it from the title – do we need an attorney to do this, or [...]

My Landlord made me what seems to be the deal of a lifetime. They are willing to let me assume the mortgage on their house without having to pay them for the equity gained through their payments, which I am estimating is 5-10yrs of payments. I have been doing my research and I am aware [...]

I make about 400k/year and I am eyeing a home that costs about 1.1million… I have good credit and no other significant costs, but this is my first home purchase… is it likely I can qualify? If there is anyone who works in finance and knows anything useful about obtaining a mortgage, I would greatly [...]

my husband and i have school loans mine is in deferrment at the moment i will be going back to online classes this fall and he is currently in school right now and will be until probably aug of ’09 so his sallie mae will also be in deferrment. my question is how does this [...]

My boyfriend and I are buying a home together but he can not be on the mortgage because of his poor credit. I do not qualify for the $8000 first time home buyer tax credit but my boyfriend does. Does he have to be on the mortgage in order to qualify for the tax credit [...]

purchased a mobile home 9 yrs ago with absolutely no mortgage – just paid cash; sold 12/2006 for cash and transferred title. Purchased real house in 02/2009. Does this disqualify me from the first time home buyers credit of $8k??? Ok…lots of people are posting that obviously have no experience with mobile homes. FIRST…a mobile [...]

I was wondering how hard is it to qualify for a second mortgage? We bought our first house a year ago and are planning on renting it out and building a new home. Our credit score is a little above average and we would have a little to put down. Was the home FHA financed? [...]

I believe there is a website that will tell you. I do know that you still have to contact the bank you financed through and try to work it out with them first. addthis_url = ‘http%3A%2F%2Fwww.selviceevler.com%2Fhome-mortgage-qualify%2Fif-i-make-50000-a-year-and-my-mortgage-is-2050-a-month-will-i-qualify-for-home-modification’; addthis_title = ‘if+i+make+%2450%2C000+a+year+and+my+mortgage+is+%242050+a+month%2C+will+i+qualify+for+home+modification%3F’; addthis_pub = ”;

It depends on the interpretation of investor guidelines by individual underwriters. I had always used the "2 years in the same profession or now working in a field of study" rule of thumb but the underwriters where I am currently say that their interpretation does not require that 2 year history. addthis_url = ‘http%3A%2F%2Fwww.selviceevler.com%2Fhome-mortgage-qualify%2Fcan-you-get-qualified-for-a-home-mortgage-if-you-have-only-been-working-for-5months-but-have-decent-credit’; addthis_title [...]

My husband and I make a combined income of about $150K. We currently own a home with a mortgage of about $265K. We’d like to move, but due to the housing crisis, our home is worth only about $215K. We can afford a bigger mortgage and would like to move, but we don’t want to [...]