Zillow Advice RSS: Question-Discussion-Guide,Mortgage,WV http://www.zillow.com/advice/WV/mortgage/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate Bad Credit VA Loan http://www.zillow.com/advice-thread/Bad-Credit-VA-Loan/597715/ My husband and I are both veterans looking to purchase our first home. My husbands credit score is great, however mine is now lower than 600, which I am working on raising. I recently paid off some things I was behind on due to my being out of work for pregnancy and maternity leave. But now that I'm back to work, we have no trouble making bills and even paid our credit card down significantly. Our monthly income is around $6,600 a month so we are in a good position to buy. However it's been hard to find a lender. Are there any lenders that have a history of assisting in VA Loans with bad credit? And responses would be greatly appreciated. Thank you for your time.<br \><br \>4 replies Wed, 29 Jul 2015 03:17:00 GMT http://www.zillow.com/advice-thread/Bad-Credit-VA-Loan/597715/ 2015-07-29T03:17:00Z Does anyone refinance a mobile home any more? http://www.zillow.com/advice-thread/Does-anyone-refinance-a-mobile-home-any-more/571060/ Need to find someone to refinance my 2001 mobile home. HELP!<br \><br \>3 replies Sat, 03 Jan 2015 05:11:00 GMT http://www.zillow.com/advice-thread/Does-anyone-refinance-a-mobile-home-any-more/571060/ 2015-01-03T05:11:00Z Change of pay structure in the last 12 months. http://www.zillow.com/advice-thread/Change-of-pay-structure-in-the-last-12-months/589581/ My husband and I are trying to purchase a home in WV. He will be the primary resident and I will be non-occupant owner. I have been at the same company for 3 years but 12 months ago I switched jobs and I am now on base pay (minimum wage) plus commission. Commission makes up more than 80% of my income. We are trying to get an FHA loan but the trouble we are running into is that my commission pay is less than 24 months. I am looking for a lender that would be able to do the loan with only 12 months of commission income but 3 years in the same line of work for the same company.&nbsp;<br \><br \>1 reply Wed, 03 Jun 2015 01:25:00 GMT http://www.zillow.com/advice-thread/Change-of-pay-structure-in-the-last-12-months/589581/ 2015-06-03T01:25:00Z Can I get a home loan as a recent health proffesional graduate? http://www.zillow.com/advice-thread/Can-I-get-a-home-loan-as-a-recent-health-proffesional-graduate/572706/ My fianc&eacute; and I have been in school our whole lives. I recently graduated and began working as a dentist. She is about to graduate medical school and begin residency. My financial background includes $215,000 in student loans ($1520/month), car payment ($375/month), engagement ring payment ($310/month, to be paid off in the fall). I make about $100,000/year not including signing bonus and my credit score is 664. She has very limited credit history (don't know her credit score), student loans of $250,000 (payments are deferred until her residency is completed , so for the next 4-5 years), and an additional income of $50,000. We are contemplating buying a house but don't know if we will even get approved with our low credit scores and my limited job history of which I'll have about one years experience when we look to apply for a mortgage. I know there are health professional loans for recent grads and residents with limited to no down payment. But with this limited information, would we even have a chance to be approved? And if so do you any idea for how much?<br \><br \>3 replies Mon, 19 Jan 2015 16:34:00 GMT http://www.zillow.com/advice-thread/Can-I-get-a-home-loan-as-a-recent-health-proffesional-graduate/572706/ 2015-01-19T16:34:00Z Does anyone refinance a mobile home any more? http://www.zillow.com/advice-thread/Does-anyone-refinance-a-mobile-home-any-more/571060/ Need to find someone to refinance my 2001 mobile home. HELP!<br \><br \>2 replies Sat, 03 Jan 2015 05:11:00 GMT http://www.zillow.com/advice-thread/Does-anyone-refinance-a-mobile-home-any-more/571060/ 2015-01-03T05:11:00Z Log Home - Bank Will Not Accept Comps http://www.zillow.com/advice-thread/Log-Home-Bank-Will-Not-Accept-Comps/571318/ We are buying a log home on 50 acres. &nbsp;It is in a very small rural town and there are no comps that have sold in 2 years. &nbsp;THe appraisal came back higher than the selling price, but again no acceptable comps. &nbsp;The bank will not approve the loan. &nbsp;What options are there? &nbsp;Is there a bank that is known for financing log homes as many times they are unique.&nbsp;<br \><br \>6 replies Mon, 05 Jan 2015 23:31:00 GMT http://www.zillow.com/advice-thread/Log-Home-Bank-Will-Not-Accept-Comps/571318/ 2015-01-05T23:31:00Z First Time Buyer - No Credit http://www.zillow.com/advice-thread/First-Time-Buyer-No-Credit/565553/ I am looking for some advice, I virtually have no credit. I own two vehicles a 13 Sonic and a 05 Corolla, both I paid for in full. All the bills I pay don't reflect on my score. I'm looking for a smaller end loan as I already own the property and I'm looking at a modular home, so the loan would be less than 100. Every online advert looks like a scam, no credit, no problem ! Just give us your social and credit card info and we'll send that right to you. Is there any legit bank that could help me? I make well above the poverty limit and have around 10% for a down payment.<br \><br \>10 replies Wed, 05 Nov 2014 23:18:00 GMT http://www.zillow.com/advice-thread/First-Time-Buyer-No-Credit/565553/ 2014-11-05T23:18:00Z Where can I find a low to no down payment jumbo loan? http://www.zillow.com/advice-thread/Where-can-I-find-a-low-to-no-down-payment-jumbo-loan/501920/ We are looking at a home with a list price of $899,000. Are there any current lenders that offer low to no down payment options for a 30 year loans. We have excellent credit. Our household income is $500k.<br \><br \>5 replies Mon, 15 Jul 2013 00:27:00 GMT http://www.zillow.com/advice-thread/Where-can-I-find-a-low-to-no-down-payment-jumbo-loan/501920/ 2013-07-15T00:27:00Z I refinanced. Charging PMI but LTV is 74%. Can I have it Removed?? http://www.zillow.com/advice-thread/I-refinanced-Charging-PMI-but-LTV-is-74-Can-I-have-it-Removed/555802/ When I refinanced they said I had to get mortgage insurance. I have never had it before on other loan. After costs it was $103,530.00. &nbsp;The house had appraised at $135,000.00 and I wanted $100,000.00. The current LTV ratio is 74%. Should I be able to have it dropped off?&nbsp;<br \><br \>8 replies Thu, 21 Aug 2014 15:32:00 GMT http://www.zillow.com/advice-thread/I-refinanced-Charging-PMI-but-LTV-is-74-Can-I-have-it-Removed/555802/ 2014-08-21T15:32:00Z FHA loan after Chapter 7 with "NO" foreclosure http://www.zillow.com/advice-thread/FHA-loan-after-Chapter-7-with-NO-foreclosure/549590/ My husband and I are in the process of trying to obtain a hone loan and we are working with lenders to finance the home.&nbsp; Our BK discharge date will be at the two year mark as of Sept 9 2014.&nbsp; Can we close on a loan on or shortly after the Sept 9 date or do we have to wait to apply for a loan on that date therefore closing closer to the end of September?&nbsp; I have two lenders willing to work with us I was just wanting clarification for my own peace of mind.&nbsp; Thanks!&nbsp; :- )<br \><br \>3 replies Mon, 14 Jul 2014 12:58:00 GMT http://www.zillow.com/advice-thread/FHA-loan-after-Chapter-7-with-NO-foreclosure/549590/ 2014-07-14T12:58:00Z Can I get a mortgage with a cash out option? http://www.zillow.com/advice-thread/Can-I-get-a-mortgage-with-a-cash-out-option/543388/ I own a house free and clear but have a lot of other debt. My credit score is 591. I would like to roll all of my debt into a small mortgage payment instead of paying 10 people monthly plus interest. Is that a possibility?<br \><br \>2 replies Fri, 30 May 2014 23:49:00 GMT http://www.zillow.com/advice-thread/Can-I-get-a-mortgage-with-a-cash-out-option/543388/ 2014-05-30T23:49:00Z What can I do to raise credit score? http://www.zillow.com/advice-thread/What-can-I-do-to-raise-credit-score/540420/ I have been working for some time to raise my credit score on my own but seem to have hit a brick wall with getting my score higher. I don't really know what else to do as far as paying down debts that are all ready existing on my credit report. I make at least weekly calls to the creditors I still owe but haven't been getting any responses as to exact amounts owed or trying to establish payment plans. I'm trying to avoid having to deal with a credit bureau "fixer" type thing because I don't really trust they do the job they say. Any ideas on what else I can do? I'm 32 with a steady job and a 5 year old daughter. I would LOVE to get out of "renter's prison"<br/>&nbsp;<br \><br \>8 replies Mon, 12 May 2014 20:16:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-raise-credit-score/540420/ 2014-05-12T20:16:00Z Loans for real estate investing in Wheeling,WV http://www.zillow.com/advice-thread/Loans-for-real-estate-investing-in-Wheeling-WV/535677/ Looking for a portfolio lender or someone that can help with starting a real estate business. I live in Wheeling,Wv and I don't have the savings to start with cash.<br \><br \>0 replies Tue, 08 Apr 2014 21:44:00 GMT http://www.zillow.com/advice-thread/Loans-for-real-estate-investing-in-Wheeling-WV/535677/ 2014-04-08T21:44:00Z What can I do to get more (or better) quotes for my loan request ZR-XXWKNXG? http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-XXWKNXG/524266/ 1 reply Mon, 13 Jan 2014 06:04:00 GMT http://www.zillow.com/advice-thread/What-can-I-do-to-get-more-or-better-quotes-for-my-loan-request-ZR-XXWKNXG/524266/ 2014-01-13T06:04:00Z Possible to get approved? http://www.zillow.com/advice-thread/Possible-to-get-approved/522913/ Hi, I know my situation isn't good, but wondering if there is any chance for me to be approved. My boyfriend and I are needing to move and we feel it would be better to buy than rent. I am currently staying with my parents to get my debt paid down but they are moving so this is no longer an option. My gross salary is 2028 per month-10 years at job. I also have a second job that I have had since Mar 2012. The extra money hasn't been consistent but has increased over time. 2012 made 1730 and 2013 made 5000. For the last several months I have averaged 600-800 per month. My current monthly payments are about $1104.91 (528 credit card min across 6 cards+ 343.67 student loan + 233.24 car) and I have two cards that I helped my brother out a few years ago (75.06 min pmt), he does not have the cards but pmt comes directly from his bank account, so not sure if I have to count that in my debt. I am not using my credit cards and the high balances are due to school costs and old car problems. I haven't been able to consolidate due to high debt but paying off as best I can. I have about 2000 in savings and a little more than that in 401k. The last I knew my score was about 670s ...no negatives except high balances and utilization. My parents are going to give me about $8000 towards downpayment also. We are wanting to look at houses in the $40-$50k range. Bf can't be included on the mortgage due to past bad credit that he is still working on. My parents are willing to pay off some of my debt if that could make a difference. They would consider it a gift and there would be no official obligation to pay it back, however, once i got settled, I would probably pay them back that amount (the down payment assistance would definitely be a gift though). I had talked to my bank and they told me my dti was too high which I knew and they couldn't consider my second job. I don't really know who to talk to locally. Is this an impossible situation? Any hope? Thanks!<br \><br \>2 replies Tue, 31 Dec 2013 18:23:00 GMT http://www.zillow.com/advice-thread/Possible-to-get-approved/522913/ 2013-12-31T18:23:00Z Credit score is 584, need a home badly... http://www.zillow.com/advice-thread/Credit-score-is-584-need-a-home-badly/511603/ Hi, My husband now has a low score of 584 due to a year lay off. We lost a jeep after 4 years of payments.&nbsp;We also lost a few small credit cards at that time &amp; we have just started to recover. We do have a good deal of medical on there as well. like maybe 6 that are in collections. they range from $8.00 to &amp;600.00. We are in urgent need of a home to fit our family of 6. His job has been steady for over a year, he has worked same job for close to 9 years. We own a small plot of land, with a 1969 mobile home on it. 12x60.. (small) lol We have stayed here just being thankful for a roof over the kids head during hard times, but we feel it's time to be brave &amp; get something we can all love to live in :) A dream for me. What should I do? Pay off medical first? The lost jeep charges were charged off. so not sure how to deal with all that. I found a nice home, sure it wont last long, Im just so excited.<br \><br \>11 replies Mon, 16 Sep 2013 21:36:00 GMT http://www.zillow.com/advice-thread/Credit-score-is-584-need-a-home-badly/511603/ 2013-09-16T21:36:00Z Do I have to pay $4000 medical bill to get an FHA loan? http://www.zillow.com/advice-thread/Do-I-have-to-pay-4000-medical-bill-to-get-an-FHA-loan/424731/ I just paid all but two collections that are on my <a href="http://www.zillow.com/mortgage-glossary/Credit-Report/">credit report</a>. All the collections I paid were medical and one was an AT&amp;T bill. I just found out that I have a $4000 bill that I never received. My address changed. The bill is almost 2 years old. I want to <a href="http://www.zillow.com/learnmore/what-zillow-offers-buyers.htm">buy a home</a>. I make decent money. I have one car loan, two credit cards with small limits and a small personal <a href="http://www.zillow.com/mortgage-rates/">loan</a> I took out to pay these debts. I tried to get a PFD before I paid these but the CA said no. This $4000 bill is not reporting on my credit report...yet.&nbsp;I was told by the lady at the hospital I could pay the hospital directly and not go through the CA. I have no idea what I should do. Could I be turned down for an&nbsp;FHA because of this bill? I live in West Virginia. I'm trying so hard to get my credit up. Now this. My score is 576. Any help will be appreciated.<br \><br \>15 replies Sat, 03 Dec 2011 23:27:00 GMT http://www.zillow.com/advice-thread/Do-I-have-to-pay-4000-medical-bill-to-get-an-FHA-loan/424731/ 2011-12-03T23:27:00Z hello my wife and i want to buy the house http://www.zillow.com/advice-thread/hello-my-wife-and-i-want-to-buy-the-house/505325/ hello my wife and i want to buy the house we r renting now and they want to let us take over payments but we really want it in our name&nbsp; but i am a stay at home dad and my wife works but she has no credit and my credit score is poor is it&nbsp; possible to get it in our name<br \><br \>4 replies Mon, 05 Aug 2013 16:49:00 GMT http://www.zillow.com/advice-thread/hello-my-wife-and-i-want-to-buy-the-house/505325/ 2013-08-05T16:49:00Z If a take a hard money loan to purchase a home - can I get a firtst time owner loan with a mortgage http://www.zillow.com/advice-thread/If-a-take-a-hard-money-loan-to-purchase-a-home-can-I-get-a-firtst-time-owner-loan-with-a-mortgage/503868/ <p>A trying to purchase a home a time of the essence if I go with a hard money loan route when it is time to pay it back .&nbsp; Can I go to a mortgage company/bank and get a loan and consider First Time Owner ?<br/><br/>Thank you !<br/></p><br \><br \>2 replies Sat, 27 Jul 2013 13:42:00 GMT http://www.zillow.com/advice-thread/If-a-take-a-hard-money-loan-to-purchase-a-home-can-I-get-a-firtst-time-owner-loan-with-a-mortgage/503868/ 2013-07-27T13:42:00Z Can i use VA to purchase a home while owing on another mortgage? http://www.zillow.com/advice-thread/Can-i-use-VA-to-purchase-a-home-while-owing-on-another-mortgage/501661/ &nbsp;My husband and I are veterans. We currently live in West Virginia and have a first mortgage of $65000 and a second mortgage of $6000. We filed bankruptcy which was discharged in august of 2010. We did not include our mortgage and did not miss any payments. BOA sold our first mort. But kept our second. I have a credit score of 650. My husbands score is lower but we don't know by how much. We have a combined monthly income of $6500 before taxes. We have $1500/mo going out to debt. This does not include utilities but does include prop. Tax and homeowners ins. We would like to relocate to florida. We would like to use a VA loan to purchase a home there and rent it out until we are ready to move. We would then sell our home here but would rent it out until it sold. Is this even a possibility with our credit and would the creditors allow us to rent these homes out?<br \><br \>1 reply Sat, 13 Jul 2013 05:03:00 GMT http://www.zillow.com/advice-thread/Can-i-use-VA-to-purchase-a-home-while-owing-on-another-mortgage/501661/ 2013-07-13T05:03:00Z