So you basically tell abank or mortgage brokerthat you do “X” job, make “Y” amount each month, have “Z” credit score, and can put down a certain amount. It’s a starting point that relies on a lot ofestimates. Most will ask you to go a step further and run some hard numb...
aI opine that to receive the mortgage loans from creditors you should have a good motivation. However, once I’ve got a short term loan, because I wanted to buy a house. 我认为那从您应该有好刺激的债权人接受抵押贷款。 然而,一旦我有短期贷款,因为我想买房子。[translate]...
a“I haven’t been able to secure a mortgage ,and it’s been three months since I found an apartment that I wish to buy. I’ve talked to staff at more than five banks,but they said it’s unlikely I can get a loan before April ,”said 29-year-old Liu Qinghua. “我未能获取抵押...
We at iFinancinggroup are linked with various banks providing loans and mortgages for different segment which covers from retail to commercial banking clients
How long do you have to be employed to buy a house? As a rule of thumb, mortgage lenders require two years of employment to qualify for a home loan. Your job history is just one of several criteria underwriters will check when you buy a home or refinance an existing mortgage. Your cre...
If you believed everything you read about your credit score, you'd think it was the most important component of your financial health. Without a good credit score and history, the experts say, it's more difficult qualify for a mortgage(按揭)or a car loan-and more expensive if you're ap...
Loan guarantees:The USDA guarantees a mortgage issued by a participating local lender, allowing borrowers to qualify for low mortgage interest rates without a down payment. While borrowers don’t have to pay for PMI, they will have to pay an upfront fee of 1% and an annual fee of 0.35% ...
A Chapter 7 bankruptcy will remain on your credit report for up to 10 years. Chapter 13 will remain for seven years after the filing date. Either timeline creates obvious limits on your ability to borrow, qualify for a mortgage, rent an apartment, or even land certain jobs. But the good...
USDA loans have a couple major benefits. They’re ano-down payment mortgage, and if you qualify as low-income, you may be eligible for a below-market, fixedinterest rate. There are some drawbacks, though. The property must be located in a USDA-approved area, and borrowers cannot earn mor...
The USDA also provides loans and grants to fund home repairs and improvements, with a set interest rate of only 1%. How to qualify for a USDA loan While USDA loans have attractive benefits, they also have stringent eligibility requirements ...