My husband and I purchased a home 4 yrs ago but my name is NOT on the loan. I qualify for first time home buyers programs but have not income because I’m a stay at home mom. Can I use my husband’s income to obtain a mortgage loan without putting his name on the loan [...]

Your joking , right? What you call your home isn’t actually your home until you’ve paid for ALL of it. It would actually be fraudulent of you to sell your home without disclosing the fact that it’s mortgaged. addthis_url = ‘http%3A%2F%2Fwww.selviceevler.com%2Fpurchase-home-mortgage%2Fif-i-sell-my-home-and-purchase-another-home-do-i-have-to-repay-my-mortgage’; addthis_title = ‘If+i+sell+my+home+and+purchase+another+home+do+I+have+to+repay+my+mortgage%3F’; addthis_pub = ”;

We own our house fully No mortgage value approx $550k. We are thinking that we like to retire early to near the beach. Currently we found nice homes with land in that area for $175k. Is it better to get a home equity for the full cost of the Beach home plus any other small [...]

home is available to purchase Perhaps because they think there is still some upside to be had. addthis_url = ‘http%3A%2F%2Fwww.selviceevler.com%2Fpurchase-home-mortgage%2Fwhy-would-someone-want-to-purchase-a-home-incumberd-with-a-mortgage-tax-liens-that-exceed-its-worth’; addthis_title = ‘why+would+someone+want+to+purchase+a+home+incumberd+with+a+mortgage%2C+tax+liens%2C+that+exceed+its+worth%3F’; addthis_pub = ”;

Can someone please spell out the steps to purchasing my first home? I’m 22 with perfect credit. What are the steps and the "tricks of the trade"? Thanks! We have a pamphlet designed for first time buyers and sellers of real estate and its 14 pages long with lots of guidance and links for research [...]

My loan is supposed to close in a few days. My first payment is showing as due in March. What happened to February payment? Thanks! That’s standard. We closed on our house July 30 and our first payment wasn’t due until September 1. addthis_url = ‘http%3A%2F%2Fwww.selviceevler.com%2Fpurchase-home-mortgage%2Fwhen-you-purchase-a-home-and-your-closing-is-at-the-end-of-the-month-when-should-your-first-mortgage-be-due’; addthis_title = ‘When+you+purchase+a+home+and+your+closing+is+at+the+end+of+the+month+when+should+your+first+mortgage+be+due%3F’; addthis_pub = ”;

I would like to purchase retirement home due to low prices. I have existing home. Mortgage bal of 100k. Existing home valued a 400K. How can I buy retirement home. Another mortagage or can I combine with existing mortgage. Rethink things. Prices may drop even lower, and with the rise in baby boomers retiring, your [...]

If the price of the house, does not cover the mortgage, do i also have to pay the mortgage as well. If someone gives a website where I can look at this, it would be great. No. That is a loss to the bank. addthis_url = ‘http%3A%2F%2Fwww.selviceevler.com%2Fpurchase-home-mortgage%2Fif-i-purchase-a-foreclosed-home-do-i-have-to-pay-off-the-mortgage-on-that-house’; addthis_title = ‘If+I+purchase+a+foreclosed+home%2C+do+I+have+to+pay+off+the+mortgage+on+that+house%3F’; addthis_pub = ”;

Stated income is a program that lenders offer if you can’t document your income. No W-2′s or don’t want to document. Usually it involves a higher rate. Usually about .5% more on your interest. Even if you are self employed, you can still document income for the best rates. Stated is also used, sometimes to [...]

I know what you are asking, yes and they do but not every company will. You should ask the broker you are working with if they are placing the loan with a lender that does. The broker is well educated in the programs and methods each lender they work with use. Best of Luck! addthis_url [...]