Zillow Advice RSS: Question-Discussion-Guide,Mortgage,AL http://www.zillow.com/advice/AL/mortgage/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate VA home loan with 584 credit score http://www.zillow.com/advice-thread/VA-home-loan-with-584-credit-score/547026/ My wife and I are trying to purchase a home. Our credit scores are in the 584 range. We live in Montgomery, AL. We have $8,000 towards closing costs. Any hope of us finding a lender? We have impeccable payment history, no foreclosures, bankruptcy is three years old. Thanks for your help :) email me at josh.huhot@gmail.com - 262- nine zero nine zero six zero seven<br \><br \>4 replies Tue, 24 Jun 2014 23:46:00 GMT http://www.zillow.com/advice-thread/VA-home-loan-with-584-credit-score/547026/ 2014-06-24T23:46:00Z VA LOAN http://www.zillow.com/advice-thread/VA-LOAN/551622/ My wife and I are trying to purchase a home. Our credit scores are in the 584 range. We live in Montgomery, AL. We have $8,000 towards closing costs. Any hope of us finding a lender? We have impeccable payment history, no foreclosures, bankruptcy is three years old. Thanks for your help :) email me at josh.huhot@gmail.com - 262- nine zero nine zero six zero seven<br \><br \>1 reply Sun, 27 Jul 2014 19:06:00 GMT http://www.zillow.com/advice-thread/VA-LOAN/551622/ 2014-07-27T19:06:00Z What just happened? http://www.zillow.com/advice-thread/What-just-happened/551266/ I recently applied for a mortgage pre-approval of $209,000 with a $40,000 down payment added on top. I went through the bank where I have a checking and savings account&nbsp;with over $150,000 between the 2 accounts. My credit score is 755, I have no debt other than a vehicle payment of $410.00 per month, and my monthly income is near $7500.00 per month before taxes. Can someone please explain to me why I was denied for the loan. Their "Principal Reasons for Credit Denial or Counteroffer" stated that it was because of "Limited Credit Experience". How can I have limited credit experience when I've had at least 3 vehicle loans through this bank and all of them were paid off in full without a single late payment. Not to mention that I have well over half of the loan amount sitting in the accounts I have with this bank.<br \><br \>3 replies Fri, 25 Jul 2014 09:26:00 GMT http://www.zillow.com/advice-thread/What-just-happened/551266/ 2014-07-25T09:26:00Z CHILD SUPPORT ARREARS AND HOME LOAN QUALIFICATIONS http://www.zillow.com/advice-thread/CHILD-SUPPORT-ARREARS-AND-HOME-LOAN-QUALIFICATIONS/452410/ My husband has 20K in child support arrears appearing on his credit report;due to the kids mother requesting back pay. However, ever since the judgement 4 years ago he has made constant payments which are directly debited from his pay check weekly. We are looking into purchasing a home and I wanted to know will this affect us. Other than that issue we have good credit along with two open car loans( 1 will be paid off 5/2013) and one credit card that have never&nbsp;received&nbsp;a late payment.<br \><br \>9 replies Tue, 24 Jul 2012 16:58:00 GMT http://www.zillow.com/advice-thread/CHILD-SUPPORT-ARREARS-AND-HOME-LOAN-QUALIFICATIONS/452410/ 2012-07-24T16:58:00Z Is it possible to loan before start a job http://www.zillow.com/advice-thread/Is-it-possible-to-loan-before-start-a-job/537673/ My family is planning to buy a house. I have been on my work position for more than 3 years. My husband will start his job this July, and before that he is a student. It looks like many lender want a two month pay slip. &nbsp;Is that going to cause us a problem when we look for loans? Should we just wait until the end of the year?<br \><br \>7 replies Wed, 23 Apr 2014 18:44:00 GMT http://www.zillow.com/advice-thread/Is-it-possible-to-loan-before-start-a-job/537673/ 2014-04-23T18:44:00Z Where can I get financing on a manufactured home? http://www.zillow.com/advice-thread/Where-can-I-get-financing-on-a-manufactured-home/521510/ I know this is a question asked many times. I guess I have a somewhat unique situation, because I am having trouble. I currently own a home in Franklin, GA. My wife and I are looking at buying a second home in Roanoke, AL. The second home is a manufactured home with a permanent foundation, built in 1999, on 40 acres. We are going to use this as our primary home, and rent our current home out. I am eligable for (and would like to use) the VA loan guaranty option. My wife and I both have credit scores in the 700's, and a debt to income ratio of less than 1% (about 0.25%). The trouble I am finding is that major lenders won't finance manufactured homes, and manufactured home lenders won't lend unless the property is financed seperately. Is there anyone in the area that can work with this?<br \><br \>6 replies Fri, 13 Dec 2013 06:46:00 GMT http://www.zillow.com/advice-thread/Where-can-I-get-financing-on-a-manufactured-home/521510/ 2013-12-13T06:46:00Z VA home loan http://www.zillow.com/advice-thread/VA-home-loan/547028/ VA home loan with 584 credit score My wife and I are trying to purchase a home. Our credit scores are in the 584 range. We live in Montgomery, AL. We have $8,000 towards closing costs. Any hope of us finding a lender? We have impeccable payment history, no foreclosures, bankruptcy is three years old. Thanks for your help :) email me at josh.huhot@gmail.com - 262- nine zero nine zero six zero seven<br \><br \>1 reply Tue, 24 Jun 2014 23:49:00 GMT http://www.zillow.com/advice-thread/VA-home-loan/547028/ 2014-06-24T23:49:00Z (Moved): VA home loan http://www.zillow.com/advice-thread/Moved-VA-home-loan/547038/ This discussion has been moved to the following location: <a href="http://www.zillow.com/advice-thread/VA-home-loan/547028/">http://www.zillow.com/advice-thread/VA-home-loan/547028/</a><br \><br \>0 replies Wed, 25 Jun 2014 00:36:00 GMT http://www.zillow.com/advice-thread/Moved-VA-home-loan/547038/ 2014-06-25T00:36:00Z chapter 13 filed april 2011 http://www.zillow.com/advice-thread/chapter-13-filed-april-2011/545809/ We filed chapter 13 n April 2011 pays out april 2016 this was due 2 me getting cancer and missing work used all of my sick time waiting period for std and it was only 150 per week then I had a waiting period for ltd which was 60% of my wages applied for ssd which takes 6 months but got behind in bills I had worked 2 -3 jobs for over 22 years then in November 2011 my husband got sick he had 4 major surgeries n a 2 year period. Neither one had ever had a serious illiness but when it hit it hit hard never been late on a chapter 13 payment we have 2 condo mortgages with wells fargo never been late on any if these. we r wanting 2 sell the condo we live in and buy in foley since we r both retired. We want 2 buy a condo n the area nothing on the beach or nothing across from the beach we like one n park ave #207 also looking at regency park place. This will b our primary residence the othercondo we own is rented and has stayed rented he wants to buy hopefully in the next few months. If u have any questions please email me first my husband has a procedure Tuesday. I am working with a realtor n your area. I hope u can help us I am also working with wells Fargo I still have 2 get her more info. But u know the area so maybe u can helo<br \><br \>1 reply Tue, 17 Jun 2014 04:14:00 GMT http://www.zillow.com/advice-thread/chapter-13-filed-april-2011/545809/ 2014-06-17T04:14:00Z How to find a lender for lake lot with mobile home in zip code 35131 http://www.zillow.com/advice-thread/How-to-find-a-lender-for-lake-lot-with-mobile-home-in-zip-code-35131/542632/ We purchased a mobile home and did a owner finance on the lake lot.&nbsp; We would like to refinance with both combined or at least just the lot.<br \><br \>2 replies Tue, 27 May 2014 04:19:00 GMT http://www.zillow.com/advice-thread/How-to-find-a-lender-for-lake-lot-with-mobile-home-in-zip-code-35131/542632/ 2014-05-27T04:19:00Z Is there a home loan for a Disabled person on a fixed income with bad credit? http://www.zillow.com/advice-thread/Is-there-a-home-loan-for-a-Disabled-person-on-a-fixed-income-with-bad-credit/437047/ 4 replies Thu, 29 Mar 2012 04:29:00 GMT http://www.zillow.com/advice-thread/Is-there-a-home-loan-for-a-Disabled-person-on-a-fixed-income-with-bad-credit/437047/ 2012-03-29T04:29:00Z Mobile Home lenders - for used double wide http://www.zillow.com/advice-thread/Mobile-Home-lenders-for-used-double-wide/540446/ 538 Hall Rd, Dothan, AL.&nbsp; Land is owned with NO liens.&nbsp; Mobile home has loan of approx. 53, property worth 70-74K with land.&nbsp; Nice home, but we feel totally helpless after speaking to Green Tree,&nbsp; NOT very NICE or willing to give any directions.&nbsp; Only kept saying owner can only sell &amp; his name must stay on existing loan?? Are there any lenders in Alabama that would consider/review with a potential buyer the originating of a loan on mobile home (with acres and down payment?&nbsp;<br \><br \>0 replies Mon, 12 May 2014 23:51:00 GMT http://www.zillow.com/advice-thread/Mobile-Home-lenders-for-used-double-wide/540446/ 2014-05-12T23:51:00Z what is an REO SALE? http://www.zillow.com/advice-thread/what-is-an-REO-SALE/537347/ LAWYER HAS AN REO OFFICE.<br \><br \>1 reply Mon, 21 Apr 2014 17:51:00 GMT http://www.zillow.com/advice-thread/what-is-an-REO-SALE/537347/ 2014-04-21T17:51:00Z Looking for a lender in AL http://www.zillow.com/advice-thread/Looking-for-a-lender-in-AL/539892/ Is there a lender that can do an FHA Streamline on a &nbsp;NOO in Alabama? I have a client who is looking to refinance. Here is the situation:<br/><br/>"The first mortgage is with Flagstar Bank (refinance the first mortgage in June/July 2010); outstanding principal is $173,024; this is a 30-year, fixed rate loan at 4.875%.&nbsp;&nbsp; The second mortgage is with Green Tree; it's a 15-year, balloon payment (originated in 2006; they agreed to subordinate the loan when I refinance the first mortgage in 2010); outstanding principal is $42,068"<br \><br \>2 replies Thu, 08 May 2014 17:16:00 GMT http://www.zillow.com/advice-thread/Looking-for-a-lender-in-AL/539892/ 2014-05-08T17:16:00Z How much can I purchase on a second-tier VA loan? http://www.zillow.com/advice-thread/How-much-can-I-purchase-on-a-second-tier-VA-loan/539803/ I have a townhouse in Colorado which I used a VA + FHA loan for. &nbsp;I bought it in 2006 for $150k and owe approximately $130k. &nbsp;The value fell out and the z-estimate is about $107k which is not too far from the actual value. &nbsp;So I'm currently renting that home out. &nbsp;Can't sell it.<br/>I'll be moving to Alabama (Coffee County or Dale County) soon and interested in purchasing another home. &nbsp;How much is my second-tier entitlement? &nbsp;It's such a confusing formula but I've noticed there's some real experts on here.&nbsp;<br \><br \>3 replies Thu, 08 May 2014 04:07:00 GMT http://www.zillow.com/advice-thread/How-much-can-I-purchase-on-a-second-tier-VA-loan/539803/ 2014-05-08T04:07:00Z Offered $60000 FHA Loan http://www.zillow.com/advice-thread/Offered-60000-FHA-Loan/527276/ My home is paid for and I have been offered a $60000 15 year FHA loan. I want to consolidate my debt and only need $20000. My credit score at Credit Karma is 650. I have thought about taking this offer and paying a first payment lump sum of $30000 right off the bat and doubling my $477 monthly payment to decrease the length of the loan from 15 years to around 3 years. Is this a sound move?<br \><br \>6 replies Wed, 05 Feb 2014 18:36:00 GMT http://www.zillow.com/advice-thread/Offered-60000-FHA-Loan/527276/ 2014-02-05T18:36:00Z Housing loan for a non- US citizen http://www.zillow.com/advice-thread/Housing-loan-for-a-non-US-citizen/537174/ I have been in US for about 7 years (first school and now work). Currently I am on work Visa. I would like to buy a starter home soon. I have a decent credit history but I do not have a lot of cash for down payment currently. I can though put 5% considering that starter homes are inexpensive in my area (Madison, Alabama).&nbsp;<br/>Can someone suggest if I can get any loan for a low down payment even though I am not a US Citizen. Please help.<br/><br/>Thanks in advance<br \><br \>4 replies Sat, 19 Apr 2014 23:36:00 GMT http://www.zillow.com/advice-thread/Housing-loan-for-a-non-US-citizen/537174/ 2014-04-19T23:36:00Z What can I do to get more (or better) quotes for my loan request ZR-VJXDQWG? http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-VJXDQWG/533511/ How do I improve my credit score<br \><br \>1 reply Mon, 24 Mar 2014 01:42:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-VJXDQWG/533511/ 2014-03-24T01:42:00Z Are there any mortgages out there right now that we would qualify for? http://www.zillow.com/advice-thread/Are-there-any-mortgages-out-there-right-now-that-we-would-qualify-for/532391/ My husband and I have been trying to get a mortgage for a house for the past two years. &nbsp;His credit score is 588 and my credit score is 630. &nbsp;We are hoping for a VA loan since we have our COE, but our mortgage person still hasnt gotten back with us in a week. &nbsp;We are getting very tired of getting turned down and would like to know if we have any chances of getting the option to buy a house. &nbsp;Our DTI is 30% which is better than it has been. &nbsp;So I am not understanding why we cant seem to get a mortgage. &nbsp;Does anyone have any advice for us?<br/><br/>&nbsp;<br \><br \>4 replies Sat, 15 Mar 2014 02:59:00 GMT http://www.zillow.com/advice-thread/Are-there-any-mortgages-out-there-right-now-that-we-would-qualify-for/532391/ 2014-03-15T02:59:00Z can i please get help to buy my home http://www.zillow.com/advice-thread/can-i-please-get-help-to-buy-my-home/531189/ i have lived in my double wide for a year now, and my landlord would like to sell it or i buy it. she bought it for 2500 and selling it for 6,000 . i am on a fixed income with only my disability check and my ex husband killed my credit. its a 580. please some one help to keep my home. at paying $350 for 16 in half month i can repay that loan back and its a direct deposited.<br \><br \>0 replies Thu, 06 Mar 2014 18:37:00 GMT http://www.zillow.com/advice-thread/can-i-please-get-help-to-buy-my-home/531189/ 2014-03-06T18:37:00Z