$millmind$ asked:


I here that it is getting harder for people to qualify for a mortgage loan.That a lot of guidlines are getting tighter. Who now knows the real scoop on the mortgage industry. Who qualifies and who don’t? Is investment properties harder to get whats the deal. I believe people talk to much to scare consumers. If so I understand because there are lots of forclosures so banks are trying to avoid those deals. And bring more stable ones.

Neil

vsweety asked:


Here is a history if my work exp. Do you blve these are good qaulificatons for a loan processor

Collector
•Responsible for maintaining majority of the office’s budget.
•Review credit bureau reports to determine credit worthiness.
•Set delinquent consumers up for best possible arrangements.
•Review assigned accounts and place accounts in the appropriate sections and departments.
•Manage billing system and billing inquiries.
Dillard’s
Sales Associate
•Worked in multiple departments to help generate revenue.
•Maintained sales quota.
•Worked with merchandisers and vendors to position latest fashion apparel.
•Helped consumers open new lines of credit.
Executive Offices, O
•Worked for Executive Offices of Dish Network
•Resolved customer retention.
•Negotiated with customers to keep business.
•Worked with first and third party contractors to schedule appointments.
•Tracked all disputes, resolutions, and complaints by inputting data into Exc

Steve

vee_ann84 asked:


We were pre-approved for an FHA loan. We want to take advantage of the HOME START Tax Advance Loan where you can use the $8000 first-homebuyer tax credit for your downpayment. Does anyone know anything about this? Do you have to have a certain debt-to-income ratio to qualify?

JIMMY

mudpuppie_80 asked:


I don’t have perfect credit, neither does my husband but we are diligently paying off our bills one by one. I have been looking into loans for people with bad credit and of course they are all over the place promising a future for our family. Then I fillout the Application and whammy I’m hit with an appology notice from yet another lender. I never believed for a moment that I would never own a home, I’m not even trying to get an expensive one. I have two boys, one five, one three, a 4 1/2 month old baby girl and I am due in December. I am begining to feel hopeless and beyond frustrated, I don’t want our kids growing up in apartments their whole lives, I’d like them to have their own yard someday. There are a lot of “Bad Credit” loans promising to help but they never really mean it - what gives? Can anyone help?

REYNALDO

cryincrow asked:


we are attempting to buy a small farm to grow organic vegetables, and raise poultry and other livestock and we wondering how big the farm has to be to get a farm credit loan. any imfomation would be appreciated, and any advice on how to get started on our little farm would also be appreciated as we are new to this but determined to learn. thank you and have a great day.

LORENZO

angelikabertrand64 asked:


What to think of that? More confusing for us the consumer? More digesting over home loan and mortgage rates? Or in the long haul something positive for us?

KEITH

jinxies asked:


Refinancing our house and our broker has explained that in order to best give us an option to pay off some consumer debt, the ARM loan is what will work (too much income to debt). Noticed a Program 12Mat-1 loan in the disclosure but had thought we were going with a 5/1 ARM. We are planning to make more than the minium (interest only) payment but I like the idea of having a fixed rate for 5 years. Then we will refinance to a fixed. What is the difference?

BRAIN

Doug J asked:


aparently when i got my mortgage for my house.. it wasnt a mortgage at all it was a consumer loan… Now I know that i cant escrow property taxes or my home owners insurance. but What i need to know is if the interest paid on this loan is a write off just like a mortgage would be. Thanks

CHARLIE

phound asked:


I know I need a loan but what kind, I qualify for the V.A. loan.
What are the steps to not getting screwed on a home loan and is this a good time for the consumer to buy

NOEL

jean walton B asked:


you are presente with a right triangle , the dimension of side a is 2 inches and the dimension of side b is 4 inches.calculate the of side c.

TRENT