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16

Mortgage as a Married Couple

K.L. asks from Savannah

My husband and I are saving for a home and while we most likely will not be purchasing a home for few years, we are looking into the entire process now, so we will be...

3

Crazy Mortgage Madness - Followup

K.F. asks from New York

Back in July 2017 I asked if anyone ever heard of a mortgage commitment letter not being honored. It's been a long and slow process but the case was settled between u...

12

Best Place to Get Car Loan?

A.D. asks from Cincinnati

Any advice re: where to get a loan for a new (well, new to us!) car? I've heard it's better to have financing lined up before you go car shopping, but where should I...

12

Help Behind on Mortgage

T.G. asks from Charlotte

Hi, does anyone know who or what i can do to get help on my mortgage? I have been out of work a few months and now im behind on my mortgage i dont want to even think ...

7

Mortgage Financing Recommendation?

B.K. asks from Minneapolis

Hello, Anyone have a recommendation of a mortgage company/lender who can work with a lower credit score, no down payment, etc.? I would love to purchase my first ho...

7

Looking for Mortgage Brokers

J.P. asks from Chicago

If anyone has a referral for a mortgage broker and can give me information on that it would be the best. We are in the process of buying a house for ourselves and al...

8

***Mortgage After a Short Sale

A.G. asks from Detroit

A few years back my husband was laid off while I was working on my Masters Degree. We had a baby and no income. We had to short sale on our home. It will be 2 years t...

7

Looking for Mortgage Lender / Broker

S. asks from Minneapolis

My husband, my 9 month old son, and I just moved to the area about four months ago. We are wanting to buy our first home in May or June. I was wondering if any of yo...

17

Housing Advice - Upside down on Our Mortgage

P.M. asks from Denver

I know there are so many in our same situation. Some even 50% upside down on their mortgage. We are about 20-25K upside down. We bought our townhouse for 189K and it'...

22

Student loan...drowning in Debt :(

J.F. asks from Toledo

I graduated from a "cracker jack" college (realized that after the fact) in 2006. I obtained a legitimate degree, however soon realized that employees in my field ar...

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Answer Highlights

  • time will raise his score in 2 answers "Making monthly payments on time over time will raise his score."
  • out a home equity loan in 2 answers "You could take out a home equity loan or use a home equity line of credit."
  • debt to income ratio in 2 answers "... payments and ability to repay The biggest thing is the debt to income ratio ..."
  • come with balloon payments in 2 answers "... rate at the time is anywhere near 6% or lower. ARM's come with balloon payments ..."
  • destroy your credit in 2 answers "Whatever you do don't short sale it will destroy your credit and you really will be ..."