Home Purchase Loan

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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...
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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...
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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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