need to get another fha loan #
206374
Yes, I am a mortgage broker also, you are not committed to him unless this is a purchase and you dont have much time left.
550319
get another one and hope no one shady finds the old one.\n\nhttp://www.ssa.gov/ssnumber
272359
Your credit score could affect your ability to get a loan at the best rates.  There are plenty of companies that prey on people with less than perfect credit and offer loans that are really bad deals.  \n\nYour realtor should be able to recommend a reputable mortgage broker who can help you find a reasonable loan and understand the terms of that loan.\n\nThe less money you have to borrow the more comfortable a bank is about loaning their money to you. Banks will feel most comfortable lending you 80% or less of the cost of the house.  That's why you don't have to pay for PMI if you put at least 20% down. (PMI is private mortgage insurance.  If you default, this insurance will pay the bank.  It WON'T get YOU off the hook - you'll still owe the bank).\n\nOne way to get around PMI if you don't have 20% to put down is to basically take out a second mortgage on the house to borrow what you can't cover out of your own pocket.  However, that second mortgage ain't cheap.\n\nOther ways to get into a house without much cash is to take out an interest only loan or an adjustable rate loan.  If you are going to be in the house for a while, those loans can be riskier than a traditional mortgage since the loans are basically drawn up to favor the lender.   \n\nGood luck!
628058
This loan does not exist. A 520 fico for a stand alone 2nd? The lowest score I have found where you can do a stand alone is 560.\n\nEven if there is such a program why would you want it? The rate on the 2nd would be astronomical. Your best bet would be refi your existing 1st and take what ever cash out you need. \n\nIf you can find this, and I have looked in the past with no results do the math and see if it makes sense. Figure out whatever you payment for the 2nd would be and add it to your existing 1st. Then find out what a new first would be all by it's self. I would bet a new 1st comes out less per month.\n\nIf you would like to discuss your situation in more detail feel free to drop me a line. \n\nKevin 866-562-6838 x 106\nkruorock@firstratelending.com
633211
You have to be very careful when you have taxes and insurance in escrow. Taxes has to be paid. Contact someone in the customer service depart to see if they can help. Also, maybe they can give you an extension on your loan. Good luck. Credit history is very important.
191212
Call the bank they have whole a dept. dedicated just to that. Bank of America is very helpful as are others
557380
Sure you can, as a foreigner. I can help. If you are working here and not having a SSN, you should have some tax id, do you? I work with a big direct lender/mortgage broker doing business in 48 states, and because the huge volumn of business we do, we get better rate than smaller brokers. We have over 200 loan programs to meet the needs of different situations, from good FICO score and good income and down payment, to poor FICO score and NO income (called "stated income") and NO down payment, so I will be able to find the program which best fits your needs. Contact me at xjuy@yahoo.com or 408-476-0455 and I can help you. Jessica
601681
Howdy. I live in Texas and have had a few real estate dealings. It sounds to me like you don't have much of a case. If you signed the FMV form, that's all that necessary, since the lender usually fills the thing out and submits it to you for approval. The lender's signing is an implied agreement, given that they provided the value figures on the form. Remember, lots of things in the Texas Constitution have been amended by legal precedence over the years, without those cases being included IN the Constitution.\n\nEven if you have a leg to stand on with no actual second signature, I would bet that a judge would side with the lender in your case, simply due to that old standard legal mumbojumbo that says "this is what is commonly accepted as proper legal practice".\n\nYou might also want to check with your original lien holder to see if they have any input on the lender who holds your second lien. Sometimes, these home equity folks tend to be a little shady in the way they do things. If you call them on it, they may back down from foreclosure or give you some alternatives to losing your house.\n\nGood luck, whatever you decide to do.\n\nFiveStarAuthor@aol.com\n\n(I've edited several books on real estate, so I actually do know something about this subject, though I'm hardly an expert.)
214873
My husband and I run a mortgage branch in Temecula, CA.  The answer to your question is that you would need to get pre-qualified again to buy the new home.  If you are earning enough money you could, in order to prequalify, retain your existing home whilst buying the new one.  If not, you would need to make the purchase of the new home dependant upon selling the existing one.  In terms of hurting your credit, well a new mortgage account usually knocks it slightly, but generally over a few months having 2 mortgages is good for your credit rather than detrimental. And having an existing mortgage account which you have been paying every month is a good thing for the new lender, not a bad thing. It is always good to have open credit which you are using and paying as agreed.\nIf you need help in either CA, WA, OR, FL or AZ please call us and we will help.  951 302 6586 or toll free 866 606 8707.
221484
Contact the institution you have your loan through, and let them know you are under hardship.\n\nThen start looking for another $20 job as fast as you can.\n\nDepending on how many years you have already paid into the loan you MAY beable to refinance it.  Call a local mortgage broker and see how they can help.  Consultation is free.\n\nSometimes our credit isn't as bad as we think it it, sometimes it is worse.  But there should be help.  A good mortgage broker or financial officer can help.
464891
Yes, you should be able to refi the 2nd with no problem, assuming all the other credit issues are clear.  A neutral site I like with a lot of information on refinancing is at http://www.refinance-and-loans.com/ and they have a section in their topics on refinancing second mortgages.
247649
I'm sure that if your credit it good enough and you explain the situation to the bank, you may be able to get a second loan. A car dealer may also be able to finance you themselves.
210555
Find a reputible lender, often times someone you know at a bank or loan company and ask them about first-time home buyers assistance programs.  Many states and individual counties have programs that will approve you based on other criteria other than your credit scores.  Definately check it out and see if you qualify for any programs.  Best of Luck!
580581
Try American General Finance or Try a Credit Union. I got a loan with a 470 score.
656565
Call a local mortgage broker (check your local yellow pages) and ask for a consultation, they are usually free or may charge a small fee (< $25)  for pulling your credit report..  Do not call a bank.  Mortgage brokers have many more programs available than banks and are more experienced in dealing with folks with troubled credit.  Anyway, they can pull up your credit and see how it looks.  It may not be as bad as you think.  If it is, there are programs such as FHA that are not credit score driven.  It always helps to have money saved up for a down payment, and while 100% loans can be obtained, you will most likely need a minimum of 3% down.  If you do not have the 3%, it can be in the form of a gift from family or friends.  There are 3rd party non-profit companies that you can get the donwpayment from, although FHA has been looking down on them lately.  Mainly b/c the 3% gets financed back into the loan....sort of...but I can't say that...LOL\n\nA good mortgage broker will have all of this information.  He/she should also be able to direct you on what to do if your credit needs a little repair.  If you are not ready to buy now, they can coach on what to do to be ready in 6 months or so.  Good luck with your dream of owning a home.
312653
if u live in california i can do the work for you. does your friend currently have a second on his house? if he does refinance depending on how much equity over the house you have u can join both loans into one and at the same time add in the $5-10 k you owe(u would get a check or cash if ud like at the signing). if he only has one loan on his house he can open up a second for the total equity you have available. im pretty sure they wont do a $5-10k loan but wat will happen is that u open a second for the total equity available to u and u just use what you need that come with really low interest rate
285705
Okay, here is the deal--\n\nIf they had a mortgage and they have decent credit and equity in the house, they could get a 2nd mortgage/equity line of credit.  That line of credit is considered a 2nd mortgage and it is recorded on the deed just like the first mortgage was.  They can indeed lose their house, either lender can decide to forclose on the house for missed payments.  Usually what happens is the first mortgage holder buys out the 2nd and then forcloses on the house.  \n\nIf they got a 2nd mortgage, they probably got a checkbook, so they could have written a check and gotten cash to give to Scott, but it was still a 2nd mortgage.  Payments will be due just like the first mortgage, every month.\n\nIf they aren't getting enough to pay both, they should immediately contact the first lender and see if they can refinance with both their mortgage and the equity line of credit.  This might be difficult because they have used all their equity in their house, so they are reborrowing for full value of the house and the bank might not go for it.  \n\nIt would be terrible for these people to lose their home because they tried to help somebody out.  I hope they can all find a solution.\n\nThey might also contact www.naca.com  \n\nIt's a non-profit housing advocacy group and they do some refinancing.  They are very much about people keeping their homes, so they might be able to help you where a bank might be less helpful.  \n\nGood luck!