Profile picture for Ryan Dalton

Ryan Dalton

Lender

Senior Loan Officer (4 years experience)

Specialties:
Relocation,
Purchase Loan,
Refinancing,
Home Equity

Advice

  • (76 Contributions,
  • 1 Best Answers,
  • 4 Helpful)

Contributions are sorted newest to oldest.

can we get fha loan with under 620 credit score

Answer

There are lenders out there that go down to a 580 as far as credit qualifications on an FHA loan, even though most ask you to be at a minimum of 620. If not you can try looking into a local credit union who can basically lend based on their own guidelines.

  (1)
What can I do to get more (or better) quotes for my loan request ZR-SGCYTNR?

Answer

You will have to wait at least 2 years from the BK discharge date. I have posted some information below that should help you moving forward on what FHA requires on credit.I really hope this helps, and when the time comes that we can refinance you I would love to be your loan officer!Good luck to you.http://www.fha.com/fha_requirements_credit

  (0)
where can I get a mortgage after a forelcosure

Answer

If I understand your question correctly, you had a foreclosure 2 years ago and are asking about getting financing for a home now?Typically the least amount of time you have to wait is a minimum of three years for FHA loans (unless the foreclosure resulted in some type of extenuating circumstances) or as Barb said two years on a VA loan. On conventional loans however, you may be required to wait seven years before you are able to get a home loan.I hope this helps. Good luck to you, you're almost there!

  (0)
I had a foreclosure 2 years I am thinking of selling my house and move out of state can I get a mort

Answer

If I understand your question correctly, you had a foreclosure 2 years ago and are asking about getting financing for a home now?Typically the least amount of time you have to wait is a minimum of three years for FHA loans (unless the foreclosure resulted in some type of extenuating circumstances). On conventional loans however, you may be required to wait seven years before you are able to get a home loan.I have posted some helpful links below. Good luck to you, you're almost there!

  (0)
house underwater on nonconforming loan

Answer

Just because you are underwater doesn't mean you don't have the ability to refinance into a better loan at a lower rate. Also, with rates rising and home values starting to come back there has never been a better time.Can you give me more details to help you? How much do you owe, and what do you estimate the fair market value of the home to be?

  (0)
What do I need to get approved for a morgage?

Answer

First you will want to find a lender that you like and feel comfortable with. Once you have found that and are ready to move forward all you have to do is have a conversation about your financial goals and what type of loan you are interested in, this is to get you pre-approved. Once you are pre-approved you then can go out and find the home of your dreams! Pretty simple!I actually completed part of my undergrad in Cincinnati so if you have any other questions or concerns feel free to contact me through my profile.Otherwise, I hope this helps! Good luck house hunting.

  (0)