Marc White answered:
im a fist time buyer my credit score is 600 and i only have 5% down payment what my chances of buying a home in staten island ny
Contact a loan officer or mortgage broker in the area, they will be most helpful.
The amount of all cash buyers coming from overseas is amazing. Not so much for our friends in the mortgage business, but in terms of closing deals quick and easy, im all for it!Elan
Read more
3 Comments
•
Add a Comment
A special initiative by New York City helps first time buyers in a big way. First time home buyers in New York City have a unique advantage over buyers in other cities, but most locals don’t even know…
Read more
No comments
•
Be the first to Comment
Anna Brocco answered:
i am trying to get into mitchell lama coop in manhattan my credit score is 680 will you think i can get approved.
See link for helpful information; http://www.nyc.gov/html/hpd/html/apartment/mitchell-lama.shtml
Tomer Ahituv answered:
I never had credit and I got no credit history. I won a law suit and want to by a house. I have good income but just got a credit card i pay 1400 rent
Hi Catina,
As many others have correctly answered, credit is important but there are many other factors that will also impact your ability to qualify for a mortgage. It is also corr
... more
Karla Harby answered:
I have a friend who want to rent an apt. in Manhattan. But her credit score is bad. Is there any way to rent an apt. without paying all the rent
One option is for your friend to find a guarantor who will, in essence, guarantee the rent payments. Usually this is a family member (parent, rich aunt) or an extremely close friend.
... more
I would like to share with you yet another successful refinancing story about my recent clients, Ruth Bartley and Conan Brown. Looking for a reliable mortgage expert, Ruth and Conan came to me seeking…
Read more
No comments
•
Be the first to Comment
JOE RUNFOLA, BROKER, GRI, ITI answered:
do i qualify for a pha loan?
Do you mean an FHA loan? PHA is the Philadelphia Housing Authority
Jim Simms answered:
I got my credit report run for a preapproval about 6 mo. ago. Is your credit score affected (ie lowered ) on the preapproval app or the loan app.?
Credit scores are fluid, they can change daily or even several times a day. Even a hard credit pull will not have the impact most consumer financial moves do. One dollar too much on a
... more
Larry Tollen answered:
If you apply for financing with different leders is there a way to avoid each of them pulling your credit and just have your credit pulled once?
I have had many buyers ask me the same question over the years. Every single one of the lenders I reguarly work with have assured me that when they pull a credit score it is a "sof
... more
If you can't see some of the information Click HereAs a home owner facing foreclosure might look at his situation and think both Short Sale and Foreclosure will be the same, so he'd better let it “stream”…
Read more
No comments
•
Be the first to Comment
As a home owner, falling behind on your mortgage and facing foreclosure can be hard.We like to help you get out of this tough times and find the best solution for you.We understand that by yourself,…
Read more
No comments
•
Be the first to Comment
Renters’ Frequently Asked Questions Is there a difference between rent control & rent stabilization? Rent Control: The rent control program generally applies to residential buildings constructed…
Read more
Lynnette Khalfani-CoxJan 31st 2011 at 4:30PM For years, renters who got behind on their housing payments could do so without worrying about the impact that a late payment would have on their credit rating.Next…
Read more
Dan answered:
Who do I talk to regarding my credit score? I had some credit issues in the past, but for at leasat 3 years I've been debt free. I want to buy
Just get the free credit report at www.annualcreditreport.com look at the old stuff and then you want to get a credit card, most likely a secured card because they are easier to get. I
... more
Mortgage Rates Dip Below 4.25% Mortgage rates touched record lows yesterday. Unfortunately mortgage rates rose from those record lows today. Mortgage rates didn't really "rise" though. Consumer borrowing…
Read more
No comments
•
Be the first to Comment
Response to Rapid Refinance Yesterday was another less-than-normal volume day for MBS's: $1.8 billion. These securities contain 3.75%-4.125% loans. What does this mean? Well, it is a sign that volumes…
Read more
No comments
•
Be the first to Comment
Consumer Credit Conditions Improve The credit bureau TransUnion says U.S. consumers are less of a credit risk now than they were in 2009 and earlier this year. The Chicago-based agency’s proprietary…
Read more
No comments
•
Be the first to Comment
Source: Bank of AmericaIf you prepare carefully before you apply for a mortgage (ideally, before you have found the house you want to make an offer on), and are further prepared for requests for additional…
Read more
No comments
•
Be the first to Comment
Good credit is more important than ever, if you want to get a Brooklyn real estate loan. Knowing what’s on your credit report and how lenders view various aspects of your report is crucial. First…
Read more
No comments
•
Be the first to Comment
