Zillow Advice RSS: Discussion,Mortgage,ME http://www.zillow.com/advice/ME/mortgage/discussion/ Zillow Advice search results | Zillow Real Estate Do both spouses need good credit to qualify for an FHA or RD mortgage? http://www.zillow.com/advice-thread/Do-both-spouses-need-good-credit-to-qualify-for-an-FHA-or-RD-mortgage/335390/ I have fair credit (654) but my husband's credit recently dropped to 565 (a medical bill went to the credit bureaus shortly before we paid it...).&nbsp; We'd like to become first time home buyers.&nbsp; Is it possible to qualify for an FHA/RD <a href="http://www.zillow.com/mortgage/">mortgage</a> with these credit scores?&nbsp; Also, is it better to go through a <a href="http://www.zillow.com/directory/lenders/">mortgage broker</a> or directly through a <a href="http://www.zillow.com/directory/lenders/">lender</a> (when seeking these types of loans)?&nbsp; Thanks for the advice!<br \><br \>12 replies Thu, 18 Mar 2010 22:16:00 GMT http://www.zillow.com/advice-thread/Do-both-spouses-need-good-credit-to-qualify-for-an-FHA-or-RD-mortgage/335390/ 2010-03-18T22:16:00Z Step-by-step instructions on how to get your credit re-established?.. what you don?t know but should http://www.zillow.com/advice-thread/Step-by-step-instructions-on-how-to-get-your-credit-re-established-what-you-don-t-know-but-should/510241/ <p class="MsoNormal">&nbsp;&nbsp;1. &nbsp;&nbsp; Pay off all collections ASAP.</p><p class="MsoListParagraph">2. &nbsp; Obtain a shares secured credit card, AND DO NOT USE IT!</p><p class="MsoListParagraph">3. &nbsp; Obtain a secured installment loan.</p><p class="MsoNormal">&nbsp;</p><p class="MsoNormal">Once you have completed all three tasks we can start the clock for our 6-9 month waiting period.&nbsp; I realize this may seem very overwhelming but once you get started you will realize it was well worth it!&nbsp; You will save money on interest rates on future purchases&hellip;.homes, vehicles, credit cards, everything!</p><p class="MsoNormal"><br/>I wish you the best and hope we get to work together!!<br/><br/></p><br \><br \>0 replies Fri, 06 Sep 2013 16:52:00 GMT http://www.zillow.com/advice-thread/Step-by-step-instructions-on-how-to-get-your-credit-re-established-what-you-don-t-know-but-should/510241/ 2013-09-06T16:52:00Z VA Loans Maine http://www.zillow.com/advice-thread/VA-Loans-Maine/509946/ If you are a veteran or active duty military and you are looking to purchase a home VA is an amazing option!&nbsp; The VA guarantee allows 100% financing with no PMI (monthly mortgage insurance), the interest rates are lower than conventional and the process is so simple!&nbsp; Gone are the days of endless red tape and hoops to jump through.&nbsp; <br/><br/>Call me today with your VA questions or to get prequalified :)<br/><br/>~Heidi Small, MLO 756063<br/><strong><u><em>[Spam removed by Zillow moderator due to violation<br/> of <a href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">Go</a><a href="http://www.zillow.com/howto/GoodNeighborPolicy.htm"><a href="http://www.zillow.com/howto/GoodNeighborPolicy.htm">od Neighbor Policy</a>.]</a></em></u></strong><br \><br \>0 replies Wed, 04 Sep 2013 15:43:00 GMT http://www.zillow.com/advice-thread/VA-Loans-Maine/509946/ 2013-09-04T15:43:00Z Consumer Reports article on Reverse Mortgages by LA Times. http://www.zillow.com/advice-thread/Consumer-Reports-article-on-Reverse-Mortgages-by-LA-Times/377243/ <p>Scare tatics at their best. <a rel="nofollow" href="http://www.latimes.com/business/la-fi-reverse-mortgage-20101208,0,5683301.story" title=" (Full address: http://www.latimes.com/business/la-fi-reverse-mortgage-20101208,0,5683301.story)">http://www.latimes.com/bu ... 301.story</a><br/><br/>Happy funding, Rudi</p><br \><br \>0 replies Wed, 08 Dec 2010 23:06:00 GMT http://www.zillow.com/advice-thread/Consumer-Reports-article-on-Reverse-Mortgages-by-LA-Times/377243/ 2010-12-08T23:06:00Z 589 credit score-NEED mortgage/loan http://www.zillow.com/advice-thread/589-credit-score-NEED-mortgage-loan/372055/ I had to move out of state to Maine in order to find a job and my wife and I have been seperated because of this. She is stuck in Florida with our first baby on the way. We own 10 acres in Maine which I have been living in an rv on. In order to get my wife up here, I need to make our land livable. I need to get a loan or mortgage to do the following... driveway installed, well, septic, power and to buy a new or used mobile. $35,000-$50,000 will get all of this done. We owe nothing on the 10 acres. <br/>I have been at my current job since May of 2010 and I make $3500-$3900 a month. I have 2 payments, a truck loan ($345) and a credit card with a $1,000 limit ($20 mo).&nbsp; As soon as I can get a livable place for 2 people and a baby, I can finally be with my wife again. I cant stand the thought of my baby growing up without me while I wait. I have been working on my credit score for almost 2 years to no avail. My biggest issue is not having enough revolving accounts. Well, I cant open any accounts because of my credit! Its a catch 22 and I can't get out of it. Any help is MUCH MUCH appreciated. Even if I can get a loan to get everything but the mobile, we could live in the RV if we had power, well and septic at least.<br \><br \>2 replies Wed, 20 Oct 2010 23:43:00 GMT http://www.zillow.com/advice-thread/589-credit-score-NEED-mortgage-loan/372055/ 2010-10-20T23:43:00Z Ask our community... http://www.zillow.com/advice-thread/Ask-our-community/372044/ 0 replies Wed, 20 Oct 2010 21:26:00 GMT http://www.zillow.com/advice-thread/Ask-our-community/372044/ 2010-10-20T21:26:00Z