Q&A
Asked by Nicole
Answered by Carrie Diaz
Mortgage Professional in Irvine, CA
Yes, there is down payment assistance and also lender paid closing costs. Please give me a call or email me, and I will be happy to give you some individualized info...
Q&A
Asked by Daniel
Answered by Donn Sharer
CFP ChFC CLU in Millstone Township, NJ
Hi Daniel - Congratulations! First-time home buying can be daunting and it’s probably why many people don’t take the time to learn how their homeowner insurance wor...
Q&A
Asked by Christina
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi Christina - Your question is one that really depends on your own specific situation and the specifics of your objectives. Some considerations are as follows - Wha...
Q&A
Asked by Elaine
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Elaine - That's a very loaded question because it depends on multiple factors; everything from property type, to your credit score, to how you will use the property, t...
Q&A
Asked by Meredith L
Answered by Paul Carag
Financial Adviser in Renton, WA
Hi Meredith, first I'll address the owning vs. renting or leasing. It all depends on your financial situation and goals but here's the start: Ultimately, it's almost...
Q&A
Asked by Britt
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
Hi Britt, Paul hit many of the points to consider. I'd add that you should consider your employment stability, the length of time you plan to live in the area, the c...
Q&A
Asked by robert
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
Great answer by Amy. In addition to debt ratios, the other factors that impact loan approval are the down payment, months of liquid reserve funds after closing, and p...
Q&A
Asked by Erin
Answered by Ted Rood PRO+
Mortgage Professional in Maryland Heights, MO
Congrats on your pending move, Erin.. If your debt to income ratios qualify with both homes, and your down payment funds are not the equity in your current home, no d...
Q&A
Asked by an anonymous user
Answered by Greg Fischer
Mortgage Professional in Manchester, NH
Is there a reason why you'd want to buy later rather than now? Rent to own is a viable option, byt the biggest benefits to the buyer are extra time and forced savings....
Q&A
Asked by Coryn
Answered by Greg Fischer
Mortgage Professional in Manchester, NH
It's really more a question of CAN you sell it today, or IF you want to be a landlord. If you aren't really into dealing with renters, or you can't rent it for profit ...
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