I thought equity loans were for primary residences only.Could he not get an investment property loan?He didn't say he didn't have a "score" What is "so so credit"?
Actually the problem is finding a LENDER who will loan the money upfront first. Nobody wants to.
I'm not a realtor, but would't doing a market analysis for every house in the entire US be quite time consuming? We could then eliminate appraisers also.
My debt to income ratio is fine if I was allowed to use rental income from renting out my current home . The IRS will certainly count it!
My loan application was turned down by an underwriter due to the debt to income ratio being to high, although I was approved through the AUS. I added my 90 yr old aunt as a co-buyer, and am now being almost ignored after 6 plus weeks of adding her. She is on SS, no bills, and a 800 plus credit score. What do I do? This is a FHA loan.
Do any of your bedrooms have to walked through another bedroom to enter it? I have a "3" bedroom, but the appraiser listed it as a 2 bedroom for that reason.I have a bathroom in a somewhat finished basement he didn't count. I don't know if he missed it or not.How can I dispute that? I e-mailed the appraiser long ago with no response. I brought it to the lender's attention with no response.
What "day are you referring to? Not this week!