Zillow Advice RSS: Question-Discussion-Guide,All Real Estate Advice Topics,Denver- CO http://www.zillow.com/advice/Denver-CO/all/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate 100% VA purchase loan for manufactured. Can anyone do these? Please contact me http://www.zillow.com/advice-thread/100-VA-purchase-loan-for-manufactured-Can-anyone-do-these-Please-contact-me/446233/ Have a purchase loan on a home that was purportedly a modular home. Appraisal revealed that it was manufactured. I do not have a loan product for this VA buyer. Please answer through Zillow or look up my contact details on my profile.<br \><br \>4 replies Sat, 09 Jun 2012 17:35:00 GMT http://www.zillow.com/advice-thread/100-VA-purchase-loan-for-manufactured-Can-anyone-do-these-Please-contact-me/446233/ 2012-06-09T17:35:00Z Using rental property with 100% equity to qualify for higher mortgage? http://www.zillow.com/advice-thread/Using-rental-property-with-100-equity-to-qualify-for-higher-mortgage/536395/ Hello - <br/>I bought a townhouse last August with some inheritance money. I paid in full, with cash, so I have no mortgage at all. I have been living in it, with the intention to rent it out someday.<br/>I am thinking about buying another house and beginning to rent this townhouse. Only downfall is I am self-employed and my last two years of income average at $41k (I know this is what lenders look at to determine affordability). This gives me such a low loan amount, approximately $136,000. In Denver, that doesn't go far. <br/>I am wondering how can I use my townhouse to it's fullest advantage to get a better loan amount. I do not want to sell. <br/>Should I take a loan out on the townhouse and apply towards my downpayment on a new place, then rent it out? Will this hurt my credit? Or should I keep myself out of debt and just rent it out? Will lenders even consider the rent I recieve?<br/>Thanks in advance<br \><br \>7 replies Mon, 14 Apr 2014 18:40:00 GMT http://www.zillow.com/advice-thread/Using-rental-property-with-100-equity-to-qualify-for-higher-mortgage/536395/ 2014-04-14T18:40:00Z When buying a second home or a rental property - do you have to put 20% down if you finance it? http://www.zillow.com/advice-thread/When-buying-a-second-home-or-a-rental-property-do-you-have-to-put-20-down-if-you-finance-it/536226/ 6 replies Sun, 13 Apr 2014 05:33:00 GMT http://www.zillow.com/advice-thread/When-buying-a-second-home-or-a-rental-property-do-you-have-to-put-20-down-if-you-finance-it/536226/ 2014-04-13T05:33:00Z Value of house located at 4982 Xanadu St. Denver, CO http://www.zillow.com/advice-thread/Value-of-house-located-at-4982-Xanadu-St-Denver-CO/519982/ 3 replies Sun, 24 Nov 2013 21:46:00 GMT http://www.zillow.com/advice-thread/Value-of-house-located-at-4982-Xanadu-St-Denver-CO/519982/ 2013-11-24T21:46:00Z Is this a good time to sell our house? http://www.zillow.com/advice-thread/Is-this-a-good-time-to-sell-our-house/530912/ 3176 Geneva St.<br/>Denver, CO 80238<br/><br/>We are listed to sell. No offers yet. Lots of showings.&nbsp;<br \><br \>10 replies Tue, 04 Mar 2014 19:44:00 GMT http://www.zillow.com/advice-thread/Is-this-a-good-time-to-sell-our-house/530912/ 2014-03-04T19:44:00Z My credit is bad I will be getting Social Security soom. Would I be able to get into a house? http://www.zillow.com/advice-thread/My-credit-is-bad-I-will-be-getting-Social-Security-soom-Would-I-be-able-to-get-into-a-house/533423/ 3 replies Sun, 23 Mar 2014 12:47:00 GMT http://www.zillow.com/advice-thread/My-credit-is-bad-I-will-be-getting-Social-Security-soom-Would-I-be-able-to-get-into-a-house/533423/ 2014-03-23T12:47:00Z How much do you make and what is your house payment? http://www.zillow.com/advice-thread/How-much-do-you-make-and-what-is-your-house-payment/535115/ My husband and I will be buying our first house. We have not lived on a budget before because we have not had to yet. I've done home affordability calculators and did my best to estimate our monthly expenses, yet I still feel unsure about what we can actually spend. We make about $100,000/yr gross.<br/><br/>I want to ask the socially inappropriate question of how much is your gross yearly income, how much monthly debt other than your house do you have and what is your monthly mortgage payment. Also, do you have a lot left over at the end of the month or are you barely scraping by? I want to hear real world examples instead of bank calculated results. If your are willing to share I would appreciate it!<br \><br \>4 replies Fri, 04 Apr 2014 14:40:00 GMT http://www.zillow.com/advice-thread/How-much-do-you-make-and-what-is-your-house-payment/535115/ 2014-04-04T14:40:00Z Can I get a jumbo loan with 680 Fica score? http://www.zillow.com/advice-thread/Can-I-get-a-jumbo-loan-with-680-Fica-score/523590/ I am looking to buy a house for $940,000. My income is not a problem this issue my lender told me is I need at least a score of 700. He originally told me I could do it with 10% down and then today said I needed 20% down. Looking for some advice. Loan is in Denver Colorado FYI<br \><br \>12 replies Tue, 07 Jan 2014 06:31:00 GMT http://www.zillow.com/advice-thread/Can-I-get-a-jumbo-loan-with-680-Fica-score/523590/ 2014-01-07T06:31:00Z Can I get owner financing with 10K down and a 620 credit? http://www.zillow.com/advice-thread/Can-I-get-owner-financing-with-10K-down-and-a-620-credit/515067/ I'm not picky,&nbsp; but I'd like to live in the North of Wheat Ridge and South of Boulder County...<br/><br/>Banks won't give me a loan due to medical bill bankruptcy two years ago.<br/><br/>Any suggestions?<br \><br \>10 replies Sat, 12 Oct 2013 21:26:00 GMT http://www.zillow.com/advice-thread/Can-I-get-owner-financing-with-10K-down-and-a-620-credit/515067/ 2013-10-12T21:26:00Z VA New construction loan http://www.zillow.com/advice-thread/VA-New-construction-loan/535410/ Hello,<br/>My husband and I are new home buyers and kind of confused about the new construction loan. I somewhat understand the escrow account but what do we pay each month while the house is being built? Do we owe interest each month? How much will that be? Will I be paying my current rent plus some of my home being built? Its all very confusing for us.<br \><br \>1 reply Mon, 07 Apr 2014 01:10:00 GMT http://www.zillow.com/advice-thread/VA-New-construction-loan/535410/ 2014-04-07T01:10:00Z how do I find out who holds the mortgage/title on a particular property? http://www.zillow.com/advice-thread/how-do-I-find-out-who-holds-the-mortgage-title-on-a-particular-property/534856/ I need to contact the company who ownes 677 Vrain #14 so I can get my son's things out of house. They are trying to take posession of the property. I want to help.<br \><br \>6 replies Wed, 02 Apr 2014 19:18:00 GMT http://www.zillow.com/advice-thread/how-do-I-find-out-who-holds-the-mortgage-title-on-a-particular-property/534856/ 2014-04-02T19:18:00Z Do small Hobby Farms, acreage between 3 to 5 acres, exist east of Denver? http://www.zillow.com/advice-thread/Do-small-Hobby-Farms-acreage-between-3-to-5-acres-exist-east-of-Denver/180035/ 3 replies Sun, 21 Dec 2008 15:20:00 GMT http://www.zillow.com/advice-thread/Do-small-Hobby-Farms-acreage-between-3-to-5-acres-exist-east-of-Denver/180035/ 2008-12-21T15:20:00Z Buying a Home in Colorado http://www.zillow.com/advice-thread/Buying-a-Home-in-Colorado/529175/ My wife and I are planning to move to Colorado in September of 2015. I'm originally from there and still have family there. I am currently in HR and would be seeking another HR job in Colorado. My wife would likely be staying at home with our child. My wife receives monthly retirement income - non-taxed - from her former job as a police officer, so we'd still have two incomes and at LEAST one upon the move itself even if I didn't have a job straight away. We both have credit scores over 700 - her's over 720, mine close. I had a short sale that closed in April 2012, prior to meeting my wife as I moved across country for work. So, we'll be at the 3.5 year mark by September 2015 when we're planning to move. We have very little credit card debt and actually will have none by next year. I've run some numbers via the calculators on various websites, but I'm not sure if they can be trusted to be accurate. I know what WE are comfortable affording - but that may not be the bank's idea. So now that I've been long-winded:<br/>- will my wife's retirement income be counted just as regular gross income would be counted from working a job or would it be factored differently, especially since it isn't taxed?<br/>-we'll be moving with approximately $25,000 in the bank. Would it make more sense to use that to pay off a $13,000 loan (11.99% interest) prior to buying a home, OR should we save for downpayment? (I lean towards paying off the loan because I think it would increase our buying power, correct?)<br/>-how will the short sale affect our ability to buy? Are we basically limited to FHA?<br/><br/>Any advice would be greatly appreciated!! Thank you!<br \><br \>8 replies Thu, 20 Feb 2014 13:48:00 GMT http://www.zillow.com/advice-thread/Buying-a-Home-in-Colorado/529175/ 2014-02-20T13:48:00Z Tax assessor value http://www.zillow.com/advice-thread/Tax-assessor-value/202603/ Hi! I'm considering <a href="http://www.zillow.com/learnmore/what-zillow-offers-buyers.htm">buying a home</a> and would really appreciate some advice. I started to make offers, bit the deal fell apart when I asked the sellers to pay closing costs. Not a big deal, there are several other homes I am interested in here so that's ok. Still, I may get my own agent and make&nbsp;another offer.&nbsp;I can see the tax assessors values, should I base my offers off of that value? I really don't feel comfortable with the transaction broker at this point. I'm not sure how to come up with another offer. The listing was for 315K and it assessed for about&nbsp;247K, sold last in late 2007 for 295K. I'm not sure what's fair anymore. Any suggestions?<br \><br \>11 replies Mon, 23 Feb 2009 01:25:00 GMT http://www.zillow.com/advice-thread/Tax-assessor-value/202603/ 2009-02-23T01:25:00Z 1 year taxes for VA home loan http://www.zillow.com/advice-thread/1-year-taxes-for-VA-home-loan/533656/ My husband and I are both vets. We got out in 2011 and went to college until January 2013, in which he found a job and has been there a year. I am disabled and cannot work. Will a lender use a one year tax return? We both pull in income but mine is disability. His schooling helped him get the job. We were using our Gi bill for those 2 years. Our credit is below avg 610 and 664 but our DTI is low. Will a lender consider this?<br \><br \>2 replies Tue, 25 Mar 2014 02:48:00 GMT http://www.zillow.com/advice-thread/1-year-taxes-for-VA-home-loan/533656/ 2014-03-25T02:48:00Z Are all lenders requiring a 20% down payment for a jumbo loan in Denver CO? http://www.zillow.com/advice-thread/Are-all-lenders-requiring-a-20-down-payment-for-a-jumbo-loan-in-Denver-CO/436029/ 4 replies Wed, 21 Mar 2012 02:35:00 GMT http://www.zillow.com/advice-thread/Are-all-lenders-requiring-a-20-down-payment-for-a-jumbo-loan-in-Denver-CO/436029/ 2012-03-21T02:35:00Z I had photos of my house last year and would like to use the same ones this year.. http://www.zillow.com/advice-thread/I-had-photos-of-my-house-last-year-and-would-like-to-use-the-same-ones-this-year/533754/ I am unable to find them in my Zillow account. Do I need to take new photos?<br \><br \>3 replies Tue, 25 Mar 2014 19:24:00 GMT http://www.zillow.com/advice-thread/I-had-photos-of-my-house-last-year-and-would-like-to-use-the-same-ones-this-year/533754/ 2014-03-25T19:24:00Z FHA Back to Work Program - Looking for Experienced, Local Lender http://www.zillow.com/advice-thread/FHA-Back-to-Work-Program-Looking-for-Experienced-Local-Lender/532838/ Please let me know if you are/or know of someone who fits this bill.<br/><br/>I've been working with someone, however they were not experienced and did not notify us about the counseling and 30 day waiting period. &nbsp;We have already lost a contract on a house we loved and my confidence in this lender is shattered now. &nbsp;<br/><br/>I would like to know if you have closed these loans successfully and would prefer someone local, Denver area.<br/><br/>Thanks.<br/>Susan<br \><br \>9 replies Wed, 19 Mar 2014 00:18:00 GMT http://www.zillow.com/advice-thread/FHA-Back-to-Work-Program-Looking-for-Experienced-Local-Lender/532838/ 2014-03-19T00:18:00Z FHA cash-out refinance and paying credit cards at closing. http://www.zillow.com/advice-thread/FHA-cash-out-refinance-and-paying-credit-cards-at-closing/533098/ I know that with a Fannie Mae loan, the monthly payment on a credit card debt that is paid off at closing must still be included in the DTI calculation. Is this also true for FHA loans?<br \><br \>9 replies Thu, 20 Mar 2014 18:39:00 GMT http://www.zillow.com/advice-thread/FHA-cash-out-refinance-and-paying-credit-cards-at-closing/533098/ 2014-03-20T18:39:00Z My payroll is base+commission any way to get a home loan? http://www.zillow.com/advice-thread/My-payroll-is-base-commission-any-way-to-get-a-home-loan/533184/ Hi I am trying to get a home loan. I got approved for a 110,000$ home loan. Then about 2 days later my loaner called back. Stating that I cannot receive a home loan due to the fact that I am on commission pay. I been with the company for 11 months now. The base pay is 1750 on the 25th of the month, and on the 10th its all commission. Which most of the time is about the same give or take couple hundred dollars. Averages 3500$ a month before tax. Is there a loophole around this??? I dont want to wait 1 more year.. Ive tried a few loan companies chase, wellsfargo, tcf bank with no luck Any helpful information is welcomed Thank you<br \><br \>12 replies Fri, 21 Mar 2014 04:02:00 GMT http://www.zillow.com/advice-thread/My-payroll-is-base-commission-any-way-to-get-a-home-loan/533184/ 2014-03-21T04:02:00Z