eLoanz

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Archive for November, 2009



Does anyone know of a mortgage company that offers FHA financing for mobile homes?

Monday 30 November 2009 @ 7:27 pm
fha financing


Please leave their contact information. :)
Thanks!
We are in Texas.
FHA does offer Manufactured home financing- this deal also comes with land

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Can we buy a house with an FHA loan if MLS listing says possible financing is CONV and ICON?

Sunday 29 November 2009 @ 1:30 pm
fha financing


What if it is a bank owned home?

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Special Financing Plan for FHA loan?

Sunday 29 November 2009 @ 12:30 am
fha financing


I’m interested in buying a HUD home and I was told that I could purchase it with only $100 down payment and they would pay 3% in closing costs. How easy is it really to get this financing, because it just seems to good to be true. I make $30,000 a year and my total monthly debt is $477. Also I’m married and i was wondering if my wife had to be on the loan because she is not working and if so i would have to add her debt in with mine and i dont believe we would qualify for a home loan.

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Does FHA cover refinance if you’re doing a c4d?

Saturday 28 November 2009 @ 6:28 am
fha refinance


We’re buying a home on Contract for Deed. He’ll carry C4D for two years, then we have to have it refinanced. Can we apply for an FHA loan? Someone was saying they weren’t sure if we could apply for FHA with a “refinance”. Anyone know for sure? Oh and we live in Minnesota if that makes a difference.

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FHA Loan?

Saturday 28 November 2009 @ 3:03 am
fha loan


Can I get an FHA loan for investment income property and get 100% financing and live in property as far as i know for FHA loan you need co signer and need to be living in property…..how about an apartment? would i be able to get FHA loan for multicomplex????????
Thanks

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Is it OK to sign an FHA streamline refinance, without the option to update our places of employment?

Friday 27 November 2009 @ 10:01 am
fha refinance


Our lender is suggesting we do an FHA streamline refinance, to go from 6.25% to 5.25%. She says because it is a streamline, though our income is not shown (as it’s not required) she can’t change the employer info on the forms. I got a better paying job since we bought, but my wife lost her job, so our total income is a bit less than it was before. I just wonder about signing paperwork that seems to confirm outdated information, but our lender says it’s fine. Is this really all kosher?

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How does a reverse mortgage work?

Thursday 26 November 2009 @ 2:42 pm
reverse mortgage


All I know is that somehow you get money. I’m assuming that when you die the lender gets ownership of your home or something like that?

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which is better a reverse mortgage or a home equity loan?

Wednesday 25 November 2009 @ 8:22 pm
reverse mortgage


my aunt is 78 and lost lots of money in the stock market her retirement is almost dry and has a small social security check wants to do a reverse mortgage or home equity and we dont know which to do would appreciate any input thanks

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Is it true that you only need to bring 3% of the price of the home to close using an FHA loan?

Wednesday 25 November 2009 @ 4:32 pm
fha loan


If anyone has ever closed on an FHA loan, please let me know.

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FHA - Can a person who has not previously used FHA to purchase their home benefit from a refinance through FHA

Tuesday 24 November 2009 @ 3:34 pm
fha refinance


A friend of mine is trying to refinance. However, he ran into some issues that will not allow him to get approved for this loan conventionally. Can FHA be a viable option for someone who is looking for a cash out refinance? I told him that there would still be that upfront PMI..what would be the benefit?

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