Home Purchase Loan


Asked by Jonah
Answered by David Skow, Mortgage BrokerPRO+ in Seattle , WA
The quick answer is that your maximum debt-to-income ratio is 43% for both loan programs. A better answer would be to consult with a loan officer to get a more accurat...

Asked by Tyshia
Answered by Ted Rood, Mortgage BrokerPRO+ in Maryland Heights, MO
Yes, fortunately FHA now allows borrowers to qualify using an estimated payment of 1% of their student loan balances. Note that even if the loans are in deferment, or...

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Asked by an anonymous user
Yes, it will remain on your account for 7 more years. Any interaction with the creditor restarts the clock on the statute. However, you can ask for removal in lieu of...
Asked by Cheryl
Answered by Chad Freeman, Branch ManagerPRO+ in Bethesda, MD
Hi Cheryl: If you are financing an "out of state" property, it means that the property you are financing is out of the state from where you live. Your "primary" res...
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