Monthly Archives December 2012

I am about to buy a home with an inground pool that is 12 years old in fair condition. The type of mortgage?

The type of mortgage loan I am getting is 100% financing ( USDA ), but will not finance the value the pool brings to the home on the appraisal. Does anybody have any idea what kind of value, if any, does an inground pool bring to the value of a home on an appraisal. Just kinda know how much $$ I am looking at. Thanks.

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What would happen if we did away with FHA loans?

Do you think the housing market would crash?
People will actually have to have 10% to 20% down to buy a house.

Also do away with VA loans and USDA rural loans which require 0% down.
What would the impact be? Devastating?

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Has anyone ever had USDA threaten to take your home if you do not refinance?

They’re doing this to me. I have made payments on my home on time for 17 years and now that I am coming close to the end of the mortgage and owe mostly principal, USDA is threatening to take the security (my home) if I do not refinance within 90 days. If I am unable to get a loan then I have to prove it with letters from lenders. I don’t want to start all over on a new loan. My credit is excellent because I pay all my bills on time

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Where can I apply online for a USDA home loan zero down zero closing costs?

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What’s the process for getting preapproved for a home loan?

I’m looking to buy a house but have no clue where to start . Help

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