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I've read for hours and find Quicken Loans are fast to accept relatively low credit scores and easily accept 3.5% down payment in areas where many here are having a really hard time with banks. Has anybody had problems in the loan process with Quicken...
Started by StrateUp on
, 8 posts
by 4 people.
Answer Snippets (Read the full thread at myfico):
When I say slow, it wasn't extraordinarily slow, but the only mortgage... .
If you back out of the deal or your appraisal comes refinancing with the new closing cost rolled in and all.
And was indeed credited towards closing costs.
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My husband and I are hoping to purchase our first home in 2012. We've done a good job saving up some cash, but need a real number to shoot for. I've seen so many posts about "closing costs are lots of money", but people rarely break it down into dollars...
Started by MrsEarnest on
, 7 posts
by 7 people.
Answer Snippets (Read the full thread at redfin):
We just closed on our house at 390,000 and the closing costs were....
My closing costs and all the other crap.
As a loan discount, and loan origination goes to your loan officer as commission.
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My boyfriend and I are interested in buying our first home in austin area. I have a 636 he has a 676. Can we get a 0 down loan w/ low closing?
Started by ac on
, 22 posts
by 22 people.
Answer Snippets (Read the full thread at trulia):
Call me with....
You can have the sellers pay your closing cost, and you a seller who will pay your closing costs, or I have a lender who will pay your closing cost.
loan, but you will be in areas like Buda.
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Ask your Facebook Friends
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I'm considering becoming a homeowner after many years as a renter. I don't want the upkeep of a house and prefer more urban settings anyway, so we're talking about a condo with association fees.
I have enough money to buy something in the range I want...
Started by Noobvestor on
, 32 posts
by 25 people.
Answer Snippets (Read the full thread at bogleheads):
I prefer to buy it in cash and avoid all the closing costs....
Im in the same boat.
On financing but you can still finance it and have the mortgage company fund the house at the closing or that Nigerian condo.
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I've always been very pro-rent until recently. I figured that buying a house is almost always a losing proposition. What if I lose my job and get foreclosed? What if I decide to sell and it appraises at way less than I bought it for? What if wind damage...
Started by Agent Foxtrot on
, 48 posts
by 30 people.
Answer Snippets (Read the full thread at straightdope):
The first time you buy a house, the hardware store will become your bestest ever....
How much of a better place could you rent if you spent close to what you paid.
Those are the extra costs of buying a house.
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Tomorrow DW and I have a viewing to see a house that is right in our range and would be a perfect starter home. However, we know the realtor and this viewing is on a whim. I need more information on financing and was trying to do some research and everything...
Started by rikkiandjulie on
, 8 posts
by 7 people.
Answer Snippets (Read the full thread at thenest):
We have an FHA loan on our house that was built in 1949 ....
If you're otherwise ready to buy its a great time! We are closing on our house with an FHA loan to answer! Good luck! Ditto to the above.
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Are there any circumstances where a contractor may begin/complete work prior to closing on the house using an FHA 203K streamline loan?
Started by 1st Timer on
, 6 posts
by 5 people.
Answer Snippets (Read the full thread at trulia):
The money is held in escrow at closing and the work would to negotiate a contract ....
The work must be done after closing, after the 203K loan 203K loans are for major renovatons.
That I was unaware of, but they both said no .
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Question 1: Let's say you have $500K in non-retirement investments. Let's say your cost basis in them is ~90%. Would you liquidate $400K for a downpayment, or does that sock you in the gut way too hard?
Question 2: Let's say you need to finance $800K ...
Started by volenti on
, 12 posts
by 8 people.
Answer Snippets (Read the full thread at thenest):
Also....
It talks about FHA loans.
And while I'm/2011/12/04/realestate/jumbo-loan-limits-changed-again.html
I think that's right.
I know everyone talks about truly no closing costs loans, but I'm never that lucky.
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I know it is hard to get a real good handle on closing costs and everything prior to making and offer and discussing money in general.. But I am looking for some hypothetical and personal experiences to help ease my mind.. I did some searching and read...
Started by rckstrscott on
, 7 posts
by 3 people.
Answer Snippets (Read the full thread at myfico):
I received my final closing costs....
You will HAVE to pay the 3.5 in the process of getting an FHA loan financed.
I received my final closing costs yesterday.
Of getting an FHA loan financed.
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I need the scoop on FHA and/or other low DP loan options. With the market we won't get a huge profit on our house (maybe $7,000 - 15,000) and need to move in the next year to get in the right school district for DD.
Are there any loans to avoid or look...
Started by Jen748 on
, 7 posts
by 5 people.
Answer Snippets (Read the full thread at thenest):
We just closed I bought with an FHA loan several years ago (first house), I was told that I would have to pay% for ....
Of the city you are buying into and buy a house under the median house price.
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