Zillow Advice RSS: Question-Discussion-Guide,Mortgage Types,WA http://www.zillow.com/advice/WA/mortgage-mortgage-types/question-discussion-guide/ Zillow Advice search results | Zillow Real Estate chapter 7 bankruptcy http://www.zillow.com/advice-thread/chapter-7-bankruptcy/581959/ I have filed and been discharged on my chapter 7 in the pass 4 months. &nbsp;I want to buy a home and my credit is 567 and rising, &nbsp;how do i know when is the best time to find a bankruptcy &nbsp;friendly lender. &nbsp;<br \><br \>3 replies Tue, 07 Apr 2015 19:45:00 GMT http://www.zillow.com/advice-thread/chapter-7-bankruptcy/581959/ 2015-04-07T19:45:00Z how to financing a backyard cottage in seattle. http://www.zillow.com/advice-thread/how-to-financing-a-backyard-cottage-in-seattle/581910/ 4 replies Tue, 07 Apr 2015 14:05:00 GMT http://www.zillow.com/advice-thread/how-to-financing-a-backyard-cottage-in-seattle/581910/ 2015-04-07T14:05:00Z Looking For Rehab Loan For 1978 Mobile Home http://www.zillow.com/advice-thread/Looking-For-Rehab-Loan-For-1978-Mobile-Home/571582/ I am looking for a lender that will offer a rehab loan on a 1978 mobile home.<br/>Good income, credit score 700 - prefer low down payment, reasonable terms.<br/>From my understanding, it would have to be a conventional loan, any options?<br/>.<br/>&nbsp;<br \><br \>3 replies Thu, 08 Jan 2015 05:46:00 GMT http://www.zillow.com/advice-thread/Looking-For-Rehab-Loan-For-1978-Mobile-Home/571582/ 2015-01-08T05:46:00Z I was wondering what lenders offer special mortgages specifically to doctors/dentists. http://www.zillow.com/advice-thread/I-was-wondering-what-lenders-offer-special-mortgages-specifically-to-doctors-dentists/525079/ I am gathering details to purchase a home. &nbsp;I am a dentist and have recently found out from colleagues that certain banks offer special mortgages to doctors and dentists who have graduated in the past seven years. &nbsp;Specifically I have found out that key bank and wells fargo offer mortgages with as little as 5% down and no PMI. &nbsp;Does anyone know of any other banks that offer anything similar?<br \><br \>21 replies Mon, 20 Jan 2014 04:09:00 GMT http://www.zillow.com/advice-thread/I-was-wondering-what-lenders-offer-special-mortgages-specifically-to-doctors-dentists/525079/ 2014-01-20T04:09:00Z With bad credit, can we get a home loan? http://www.zillow.com/advice-thread/With-bad-credit-can-we-get-a-home-loan/578144/ My wife and I both have less than perfect credit, 530 and 590. We have great income, but do have a few things in collections. Is there anywhere that will consider a home loan for us?<br \><br \>4 replies Sun, 08 Mar 2015 18:30:00 GMT http://www.zillow.com/advice-thread/With-bad-credit-can-we-get-a-home-loan/578144/ 2015-03-08T18:30:00Z No other options? http://www.zillow.com/advice-thread/No-other-options/579405/ My father inhereted (quit claim deed) a SFH from my grandmother. She had an interest only loan on the house when she passed. The value of the home is around 60K with outstanding mortgage of $44k. The loan is up early next year and with his SSI (he's 70) as his only income along with my help financially. I called around to see if a reverse mortgage would work and I was told no. <br/>The bank told me the only option is for me to refinance the house under my name. I have no interest in living in the house and I'm in another state. If I do, then I will be tied to this house and there are plenty of other houses his area that are not selling due to the ecomony.<br \><br \>4 replies Wed, 18 Mar 2015 23:49:00 GMT http://www.zillow.com/advice-thread/No-other-options/579405/ 2015-03-18T23:49:00Z I was wondering what lenders offer special mortgages specifically to doctors/dentists. http://www.zillow.com/advice-thread/I-was-wondering-what-lenders-offer-special-mortgages-specifically-to-doctors-dentists/525079/ I am gathering details to purchase a home. &nbsp;I am a dentist and have recently found out from colleagues that certain banks offer special mortgages to doctors and dentists who have graduated in the past seven years. &nbsp;Specifically I have found out that key bank and wells fargo offer mortgages with as little as 5% down and no PMI. &nbsp;Does anyone know of any other banks that offer anything similar?<br \><br \>19 replies Mon, 20 Jan 2014 04:09:00 GMT http://www.zillow.com/advice-thread/I-was-wondering-what-lenders-offer-special-mortgages-specifically-to-doctors-dentists/525079/ 2014-01-20T04:09:00Z good hard money lenders in Seattle http://www.zillow.com/advice-thread/good-hard-money-lenders-in-Seattle/522344/ Currently own 5 rentals and would like to purchase a couple more before rates go up.&nbsp; Idea is to use hard money lender to purchase at foreclosure auctions, then refi shortly afterwards.&nbsp; <br/><br/>Any suggestions for hard money lenders in the Seattle area?&nbsp;<br \><br \>9 replies Tue, 24 Dec 2013 04:07:00 GMT http://www.zillow.com/advice-thread/good-hard-money-lenders-in-Seattle/522344/ 2013-12-24T04:07:00Z good hard money lenders in Seattle http://www.zillow.com/advice-thread/good-hard-money-lenders-in-Seattle/522344/ Currently own 5 rentals and would like to purchase a couple more before rates go up.&nbsp; Idea is to use hard money lender to purchase at foreclosure auctions, then refi shortly afterwards.&nbsp; <br/><br/>Any suggestions for hard money lenders in the Seattle area?&nbsp;<br \><br \>9 replies Tue, 24 Dec 2013 04:07:00 GMT http://www.zillow.com/advice-thread/good-hard-money-lenders-in-Seattle/522344/ 2013-12-24T04:07:00Z Which lenders do fannie mae home style renovation in Seattle, WA http://www.zillow.com/advice-thread/Which-lenders-do-fannie-mae-home-style-renovation-in-Seattle-WA/572757/ I'm looking for a purchase and renovate loan which can close quickly. I am looking to buy a short sale house which has mutual but waiting on lender approval. I would prefer fannie mae home style renovation loan since i hear they can close those faster than fha 203k and is less documentation. Who are the lenders in Seattle ,WA or neighboring counties who do these loans. how do they rate. I'm not able to find much info about the lenders online- there are lots for conventional but very few for purchase and renovate loans.<br \><br \>2 replies Mon, 19 Jan 2015 23:29:00 GMT http://www.zillow.com/advice-thread/Which-lenders-do-fannie-mae-home-style-renovation-in-Seattle-WA/572757/ 2015-01-19T23:29:00Z Purchasing home for/ with elderly parent http://www.zillow.com/advice-thread/Purchasing-home-for-with-elderly-parent/358315/ Are there programs that would allow a mortgage on a second home&nbsp;to be considered owner occupied even if elderly mother lived there? Home is next door to us.&nbsp; Excellent credit.&nbsp; Offer price would be 140k to 145k.&nbsp; Can afford 10k to 14k down including closing. Mother could be on mortgage but not deed because she may have to go to assisted living in a few years.&nbsp; She could pay market rate rent while she was living there.<br \><br \>9 replies Sun, 18 Jul 2010 14:05:00 GMT http://www.zillow.com/advice-thread/Purchasing-home-for-with-elderly-parent/358315/ 2010-07-18T14:05:00Z Looking For Rehab Loan For 1978 Mobile Home http://www.zillow.com/advice-thread/Looking-For-Rehab-Loan-For-1978-Mobile-Home/571582/ I am looking for a lender that will offer a rehab loan on a 1978 mobile home.<br/>Good income, credit score 700 - prefer low down payment, reasonable terms.<br/>From my understanding, it would have to be a conventional loan, any options?<br/>.<br/>&nbsp;<br \><br \>1 reply Thu, 08 Jan 2015 05:46:00 GMT http://www.zillow.com/advice-thread/Looking-For-Rehab-Loan-For-1978-Mobile-Home/571582/ 2015-01-08T05:46:00Z Purchasing a new home.. http://www.zillow.com/advice-thread/Purchasing-a-new-home/546091/ &nbsp; Hi, i currently own a home and want to purchase a new home. I want to turn my current home into a rental, the rental income and mortgage will be a wash, i do not need the rental income to qualify for a home loan.<br/>Are there any mortgage companies out there that will not count my current mortgage towards my DTI?<br/><br/>Thanks<br/>David<br \><br \>11 replies Wed, 18 Jun 2014 20:16:00 GMT http://www.zillow.com/advice-thread/Purchasing-a-new-home/546091/ 2014-06-18T20:16:00Z Low Down Payment optioins http://www.zillow.com/advice-thread/Low-Down-Payment-optioins/548968/ I have outstanding credit. &nbsp;For loan underwriters only 50% of my income is "counted" because that is from a long term job, other income from temp work. &nbsp;I pay $1200 in rent and am a perfect candidate for a loan with my payment history and credit, but I dont have down payment money. &nbsp;It's so frustrating, there are more programs for bad credit than for low down. &nbsp;What's with a down anyway? &nbsp;If I had money I wouldn't be borrowing! &nbsp;USDA loans seem the only way to go. &nbsp;Is there such a thing as a consumer loan with no down for a small $75K loan?<br \><br \>11 replies Wed, 09 Jul 2014 04:22:00 GMT http://www.zillow.com/advice-thread/Low-Down-Payment-optioins/548968/ 2014-07-09T04:22:00Z Does anyone in the Seattle area do 10% down Construction to Perm? http://www.zillow.com/advice-thread/Does-anyone-in-the-Seattle-area-do-10-down-Construction-to-Perm/554586/ Most lender's don't list minimum down payment. I'm curious if anyone knows of a lender in Seattle that does a construction to perm loan with a 10% down payment?<br \><br \>2 replies Wed, 13 Aug 2014 13:28:00 GMT http://www.zillow.com/advice-thread/Does-anyone-in-the-Seattle-area-do-10-down-Construction-to-Perm/554586/ 2014-08-13T13:28:00Z Renovation Financing (Issaquah - zoned RA5) http://www.zillow.com/advice-thread/Renovation-Financing-Issaquah-zoned-RA5/551158/ I'm looking at purchasing a 2.6 acre property with 2 900sqft structures, intended as a house &amp; garage/shop, both in need of major renovation. I do mean major: roofing, flooring, and framing inside - plus probably plumbing and electric. They are not currently habitable. Asking is $140k.<br/><br/>Annual income is good, current condo payment is small (&amp; will provide rental income once new home is ready, 1-2 years?) &amp; credit scores are in the 800-range, so the hangup is getting financing to fit the property itself. We could make about&nbsp;$60k cash&nbsp;available, but would prefer to either 1) offer it down for financing the post-renovation "completed" amount or 2) keep it &amp; finance "as is" - renovating over time with cash (preferred).<br/><br/>Seller financing makes me very nervous, &amp; I'm not very familiar with renovation loans or lease-to-own. I will be trying &amp; find a broker/lender that can talk me through options (if I have any), but am reaching out for other expert opinions, too.<br \><br \>2 replies Thu, 24 Jul 2014 17:54:00 GMT http://www.zillow.com/advice-thread/Renovation-Financing-Issaquah-zoned-RA5/551158/ 2014-07-24T17:54:00Z Pre-approved but NO down payment. http://www.zillow.com/advice-thread/Pre-approved-but-NO-down-payment/500136/ I was preapproved for a FHA loan and the Credit Union is stating that I might need 3% down payment. In this crazy world that we all live in that might not seem like much at all but I do not have 3 %, now I&nbsp;know what your thinking (possibly) and yes I can afford the mortgage payments, but I do live on ever red cent I make. <br/><br/>My question is....as a first time home buyer do I have to have the 3% down payment? Is there any type of programs out there that would assist a buyer with funds to get&nbsp;me &nbsp;in a home. I have looked through a few Grants but I'm not sure I'm even in the right &nbsp;place. I've &nbsp;looked for that information/guidance/assistance etc...but can't seem to come up with information that will move me in the right direction. <br/><br/>Any assistance will be much appreciated,<br/><br/>Thank you<br/>Stephanie<br \><br \>11 replies Wed, 03 Jul 2013 07:02:00 GMT http://www.zillow.com/advice-thread/Pre-approved-but-NO-down-payment/500136/ 2013-07-03T07:02:00Z Looking for a non warrantable condo 25% down Investment property http://www.zillow.com/advice-thread/Looking-for-a-non-warrantable-condo-25-down-Investment-property/434518/ Looking for a lender who will do a conventional non warranted condo for an investment purchase.&nbsp; Excellect credit, 25% down, low dti..Issue with the resale certification is 53% units are delinquent on dues.<br/><br/>Any lender suggestions??&nbsp; WA State<br \><br \>7 replies Fri, 09 Mar 2012 02:29:00 GMT http://www.zillow.com/advice-thread/Looking-for-a-non-warrantable-condo-25-down-Investment-property/434518/ 2012-03-09T02:29:00Z Bridge Loan Washington State http://www.zillow.com/advice-thread/Bridge-Loan-Washington-State/525915/ I need a hard money loan because the house needs some repairs. I would then refinance when the repairs were complete. My income is good and my debt ration is very small, but I would be owner occupied so I'm having trouble finding a lender. Does anyone have advise on how to find a lender?<br \><br \>3 replies Sun, 26 Jan 2014 01:10:00 GMT http://www.zillow.com/advice-thread/Bridge-Loan-Washington-State/525915/ 2014-01-26T01:10:00Z Looking for a physician mortgage program in WA.... What's available? http://www.zillow.com/advice-thread/Looking-for-a-physician-mortgage-program-in-WA-What%27s-available/515050/ 6 replies Sat, 12 Oct 2013 18:29:00 GMT http://www.zillow.com/advice-thread/Looking-for-a-physician-mortgage-program-in-WA-What%27s-available/515050/ 2013-10-12T18:29:00Z