I am applying for a110,000.00 mortgage am putting 70,000.00 down and financing 40,000.00.My credit is not very good. I mean it’s not the worst ,but poor.Do you think I can get financed for 40,000.00. Answer: You didn’t mention what your debt to income ratio is. You didn’t mention how much you make a year. You …
Tag Archive: income
My return goes down if I enter my 1098 mortgage interest on my primary home loan. Do I have to claim this?
My tax return goes down if I enter my 1098 mortgage interest paid on my primary home loan. Do I have to claim this “dedeuction”? Yes, I am itemizing. Turbotax, I add the 1098, and the refund goes from 6k to 3k. Do I have to enter it? Can I forego this “deduction”? No idea …
How to qualify for a Home mortgage?
Answer: so first of all, you need to have some money for the down payment. There are some zero down payment loan but you need to have excellent credit score. so you will need to have at least 5% for down payment You will need to have two years of steady employment, if you change …
what mortgage companies in washington state will approve you for a home loan with a recent bankruptcy?
i have a good job, ive been rebuilding my credit for 3 months with a car purchase and credit card, have a good debt/income ratio. filed chapter 7 and debts were discharged 9 months ago. looking for a mortgage company that will approve a home loan with less than 2 years from bankruptcy Answer:
Who can deduct mortgage interest and property taxes for a home residence.?
I live in my sons home and I pay all the mortgage and property taxes. Can I use the deductions or must it be the owner? thank you. Answer: The legal owner of the home that has been used as collateral to secure the mortgage for the home and makes the payments would be the …
Best way to refinance mortgage/home equity line and remove co-borrower?
1st = 0K @ 5.62% 2nd = M @ 6.20% Home equity is 5K @ 7.2% Hoping to have just two loans. Conforming 7K and Home equity that would allow up to 2M in total debt so Home equity loan = M. Something like that. House is worth 0 or so……. I want to get …
how should we get home mortgage when we have 4 years valid visa to live in uk? and what do we need to have?
my spouse is a student of glamorgan university and has a good income from our country and its 9 mounth that i’m working full time in the airport, so how can we apply to buy a house? Answer: I thought, depending on your country of origin that you could apply for a permanent visa after …
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