Zillow Advice RSS: Question-Discussion-Guide,Mortgage,Doylestown Township- PA http://www.zillow.com/advice/Doylestown-Township-PA/mortgage/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate When, and how, do I begin the process of applying for a mortgage? http://www.zillow.com/advice-thread/When-and-how-do-I-begin-the-process-of-applying-for-a-mortgage/472863/ I will be a first time home-buyer so the whole process of getting a mortgage is very daunting. I have a few questions specific to my situation that I would like to seek advice from a professional but I don't know where to begin. I am planning on saving up for another six months to accumulate a decent down-payment. Do I wait until I have my down-payment in place or can I start the process now? My hope is to be situated with my new home August/September of this year so that I may have my son enrolled in the appropriate school for the next school year. I have already found a home I would like to buy, I just hope it would still be available when I would be able to buy. I'm just curious about specifics like when I should apply based on my specific circumstances; I don't want to apply too soon and get denied. Who do I talk to about which kind of mortgage is right for me ? I was considering an FHA mortgage because I will have about 10% saved up for a down-payment but I worry that it won't be enough to get a traditional mortgage.<br/>Where do I begin? A realtor? A mortgage broker?<br/>Furthermore, would I have to pay a mortgage broker for advice prior to actually beginning the process of applying for mortgages?<br/><br/>Any help/advice is greatly appreciated.<br \><br \>10 replies Wed, 02 Jan 2013 16:50:00 GMT http://www.zillow.com/advice-thread/When-and-how-do-I-begin-the-process-of-applying-for-a-mortgage/472863/ 2013-01-02T16:50:00Z Looking to Refinance- Investment property http://www.zillow.com/advice-thread/Looking-to-Refinance-Investment-property/470229/ Hello <br/>I am looking to refinance an investment property with a loan balance of 140K and&nbsp; 0.55 LTV. Please reach out to me if you can close this deal.<br/><br/><br \><br \>4 replies Mon, 03 Dec 2012 14:13:00 GMT http://www.zillow.com/advice-thread/Looking-to-Refinance-Investment-property/470229/ 2012-12-03T14:13:00Z My condo assoc let its FHA status lapse. How can a 1st time buyer purchase my home w/a low amt down? http://www.zillow.com/advice-thread/My-condo-assoc-let-its-FHA-status-lapse-How-can-a-1st-time-buyer-purchase-my-home-w-a-low-amt-down/444085/ I have a buyer but they are first time buyers and were planning to purchase my home with an FHA loan. My condo association had its FHA status lapse in Feb, 2012. Do I as the seller or the buyers have any recourse? We really want to sell and they are ready to buy but don't have the down payment for a conventional loan.<br \><br \>1 reply Thu, 24 May 2012 03:25:00 GMT http://www.zillow.com/advice-thread/My-condo-assoc-let-its-FHA-status-lapse-How-can-a-1st-time-buyer-purchase-my-home-w-a-low-amt-down/444085/ 2012-05-24T03:25:00Z Spouse - great credit medium income, me - poor credit but higher income? http://www.zillow.com/advice-thread/Spouse-great-credit-medium-income-me-poor-credit-but-higher-income/327905/ My husband has&nbsp;great credit, but makes&nbsp;$45,000/year,&nbsp;I have poor credit, but repairing, due to identity theft, but make $90,000 plus bonuses.&nbsp; With $75,000 down payment, can we get a <a href="http://www.zillow.com/mortgage/">loan</a> for a $400,000 house in PA?<br \><br \>8 replies Wed, 24 Feb 2010 03:46:00 GMT http://www.zillow.com/advice-thread/Spouse-great-credit-medium-income-me-poor-credit-but-higher-income/327905/ 2010-02-24T03:46:00Z Need Direction With Refinancing http://www.zillow.com/advice-thread/Need-Direction-With-Refinancing/270694/ Current <a href="http://www.zillow.com/mortgage/">mortgages</a>. . . <br/>1st: $492k @6.375% Interest Only (Wells Fargo)<br/>2nd:$85k @ 8.25% (GMAC)<br/><br/>As with everyone else our <a href="http://www.zillow.com/local-info/">property values</a> have plummeted along with our<br/>equity. Currently, we're probably looking at only 5%. While we have never<br/>missed a payment on any account we hold, a few hardships (including my<br/>being laid off during the last quarter of 2008 sent our other other debts higher<br/>so we haven't been able to attack additional principle as was the intent.<br/><br/>My goal would be to get into a fixed rate situation (whether that is with a single<br/>loan or another split) where we are lowering principle while not having to<br/>worry about the ARM adjusting.<br/><br/>I was hoping to <a href="http://www.zillow.com/refinance/">refinance</a> under the HARP program but it doesn't look as though<br/>we are owned by Fannie or Freddie. Is the best place to start with my current<br/> lender(s)? I'm confused about the split that I currently have and the options<br/>that may be available.<br/><br/>Thanks in advance for any advice or thoughts!<br \><br \>7 replies Sat, 22 Aug 2009 03:08:00 GMT http://www.zillow.com/advice-thread/Need-Direction-With-Refinancing/270694/ 2009-08-22T03:08:00Z I took a FHA loan (3%down) last yr. Now, I want to put 20% down to lower monthly payment. Possible? http://www.zillow.com/advice-thread/I-took-a-FHA-loan-3-down-last-yr-Now-I-want-to-put-20-down-to-lower-monthly-payment-Possible/237504/ 3 replies Thu, 21 May 2009 16:44:00 GMT http://www.zillow.com/advice-thread/I-took-a-FHA-loan-3-down-last-yr-Now-I-want-to-put-20-down-to-lower-monthly-payment-Possible/237504/ 2009-05-21T16:44:00Z I corrected my home info. How do I get a new Zestimate of my home? http://www.zillow.com/advice-thread/I-corrected-my-home-info-How-do-I-get-a-new-Zestimate-of-my-home/230130/ My home was listed with incorrect information. I corrected the info and would like to know How I can get a re-estimate. Considering your site has become a very important tool with banks and <a href="http://www.zillow.com/directory/lenders/">mortgage companies</a>, I didn't want to have my home under valued. Is there a way to get a second Zestimate??????<br/>Thank-You<br/>Chuck Boris<br/>Owner<br \><br \>0 replies Fri, 01 May 2009 21:07:00 GMT http://www.zillow.com/advice-thread/I-corrected-my-home-info-How-do-I-get-a-new-Zestimate-of-my-home/230130/ 2009-05-01T21:07:00Z