Trying to buy a foreclosure as a first time home buyer. The house needs a little work (slight water damage, floors, paint) so I dont think I will be able to get an FHA loan. I want to do the work myself. If I get another type of loan will I still qualify for the first time home buyer credit?

I am working on refinance of my house.
I am preapproved for fha loan,but have been waiting for final approval for 3 weeks. My mortgage broker calls twice a week or more with requests for more documentation. How long does this take until closingd? I am getting nervous.

Hi, I am in the process of purchasing my very first place, and have already been pre-approved for my FHA loan. They have already pulled my credit report and score and I was just wondering if before the closing will they pull it again? I have a lot of inquiries from prior to applying to the FHA loan and just don’t want my score to tank anymore from pulling my credit too much. Does anyone know if I am done as far as pulling my credit? Thanks

I want to buy a small rental property with a FHA loan, so I can rent it out while I am living at home with my parents. Is this allowed, since I do not own any other real estate, or will FHA guidelines prevent this? Thanks!

Is it easier to modify a loan if you don’t fit the underwriting guidelines for an FHA refinance?
Not in foreclosure; just have a high-interest rate ARM and too high of a DTI.
Thanks for your input.

My FHA Loan officer told me that I will need to bring approx $5K to for cash at closing. But, he said they will not debit the funds at all. He said they just have to verify the funds are there and it can be cash from all accounts including our checkings and savings at multiple banks. My husband didn’t think that is what the loan officer was saying. Has anyone ever heard of how this works? We are first time homebuyers. Thanks!

How do I submit an accurate, acceptable and complete application to my bank for review and consideration of loan modification?

how can i get approve with the DRE to due home loan modification

And how exactly do they work?

I want to do modification of loan because my rates are higher7.25% and the value of property is low

Does modification of loan affect my credit score negative????? How is the impact for my credit score??

I never missed any payments and never been late and also I don’t want to be late or miss any payments

Thank you