Getting an FHA loan after bankruptcy if no proof of rent/mortgage payments? related questions

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Getting an FHA loan after bankruptcy if no proof of rent/mortgage payments?3Rafaela2012-11-03 00:08:02
My husband and I filed for bankruptcy just over 2 years and have not acquired any new debt since. We reaffirmed our cars , that have made us pay it forward and will be paid soon. Here is my question: Our house was included in our bankruptcy and it was only on my behalf , however , we still live here because I can make one payment each month , but were told they could throw us almost any time ( the loan is 60 days late , we were told that we will drive the 120 days most likely) , but we can not afford to live here and my house is now worth $ 120,000 maybe $ 40,000. Anyway , have a student loan debt up the wazoo until after medical school , but my husband has none besides $ 3,000 left on a car loan that I have with him and he has a 690 credit score and excellent income . So we're thinking of putting a new house in his name and it seems that he should be able to be approved for an FHA mortgage , but wonders if it will be a problem , since technically do not pay a mortgage or rent payment ? I pay and is 100 % on my behalf . Other than that , he / she has enough funds for payment and obviously seeking credit . I have no fear of paying rent / mortgage will give us a hiccup .
Do you think a landlord would rent me a place with bad credit and no proof of income but i have the money?2hheellpp2012-10-17 01:55:02
I'll sell my mobile home for about $ 8,000 U.S. and move to Canada in about 4-6 months. MedlinePlus I have bad credit , my score is only 580 and I was young and lost some of my car note payments a few years ago and ran some small bills , but I'm working to fix it and I have not lost my new car payment in three years , but I was 60 days late once in a student loan. MedlinePlus I own my own home phone , I've been paying a lot of rent for 5 years or even more and never missed a payment MedlinePlus . I also work for myself , I just started in January , so I have no proof of income to W2 yet, but I do provide all my customers with receipts because I 'm going to claim on my tax return next year . MedlinePlus So basically if I have bad credit , but I have references from my current home , I can also provide proof of income receipts and I can pay as six months in advance for the entire lease and deposit , do you think a landlord would rent to me? MedlinePlus It would have a job at the time to be a big deal if I offer to pay only the rent in advance? MedlinePlus I hear will not rent unless you have a stable job , but if I move to another country I need time to get new clients (I'm a housewife) . MedlinePlus Thanks for the help
Why did I receive a "Proof of Claim" in the Tribune Company's Bankruptcy proceedings?0Suraj2012-08-08 02:29:02
Received an email yesterday with a "proof of claim " with respect to the procedures of the Tribune Company bankruptcy. It is said that near the top right " Your claim is scheduled by the debtor as: $ X.XX unsecured ." What does this mean and what should I do? I have never worked or paid money to the Tribune - I've only had a couple of times subscriptions in recent years. The dollar amount is not much - really worth less than the time I spent trying to figure out what it is. Any help is appreciated !
Wanting to make extra payments - should I apply payments to interest only mortgage or unsecured loan?1Princess2012-11-03 00:06:02
both have the same interest rate
How do I show proof of interest income w/o a 1099 to a mortgage broker?2albatross2012-11-04 23:53:02
I made a few thousand dollars online with companies based outside the country . Legitamate benefits now sit in my account at Bank of America . I'm trying to qualify for a mortgage and need to show more income . How I can show my monthly income from sources outside the country ? What documentation do I need? these companies do not send 1099 for the U.S. government .
Can you get student loans to help out with bills other than college such as rent ,car payments ?0Mfonobong2012-10-19 15:34:21
For example , if you are unemployed right now and is currently looking for a joob but aren , t having much luck . I have three children to support , and if I could get a student loan to help me and not have to pay income tax until after graduation what you really wanted to help me.
How does a mortgage holder get out of PMI payments on their mortgage loan?0ryntex2012-10-11 02:29:26
I think the PMI is very costly for the homeowner , especially for me with a perfect credit rating and new funding source to keep a mortgage if I lose my job ( my job is very safe ) . Please , any suggestions on how to get the PMI waive the mortgage company .
How does a mortgage holder get out of PMI payments on their mortgage loan?3SERITA2012-09-26 07:38:04
I think the PMI is very costly for the homeowner , especially for me with a perfect credit rating and new funding source to keep a mortgage if I lose my job ( my job is very safe ) . Please , any suggestions on how to get the PMI waive the mortgage company .
I would like to buy a second townhouse to rent out how do I go about getting another mortgage loan?1fishbowl2012-09-01 06:52:02
I bought my first house 50k about 7 months with a VA loan . I would buy another house in the same building as mine to rent. Does anyone know a way for me to get a second mortgage to buy the property. I admire all online banks do not lend for investment properties. Currently my house is the note to pay 400 a month twice each month to pay faster . In addition there are still tenants in the homes of others who pay 650 for rent and I'm willing to put 20% with the new loan.
What mortgage servicers will APPLY bi-weekly payments to the mortgage 26x/yr vs 12x/yr?0AIRA2012-10-08 11:51:08
CitiMortgage only applied twice weekly mortgage payments 12x/yr . The benefit is paid extra. I want some twice a week to reduce interest faster / quicker loan payoff . Does anyone know of an administrator that is offered ? I'm ready to roll over this!
IS IT A FELONY IN AZ TO COLLECT RENT AND NOT PAY MORTGAGE?0tea2012-11-05 00:39:25
I have rental investment 4-flex property in AZ (Mericopa County). Due to vacancy more than 75% (out of 4 units, 3 units are vacant) I am unable to pay the monthly mortgage but collecting rent from only one tenant. I ask the lender for loan modification but Lender has decliend and sent the Notice of Trustee Sale . set the date as August 12/2009 in court. Could you please advise till August If I collect rent will be consider as illegal/Felony or not. Is it Ok that I can collect the rent. Thanks.
How much should I pay in rent/mortgage? (virginia beach)?0JayJay2012-10-05 13:42:38
I gross 37K a year , which translates to $ 1,246 every 15 and 30 . I have a car payment of $ 208 in gas costs me about $ 300 a month , $ 70 insurance , student loan of $ 65. Those are my insurance accounts . I'm looking to move into my own apartment for the first time (previously lived with a college boyfriend , but we broke , living with my rents , last two months while searching, but it has been hard ) . Anyway , still need money for public services , savings , if possible , food , misc . So with all these expenses and stuff what should I pay rent or logistical could afford or would be open to buying a home too, if that is even an option I do not know . Apparently , the income here ( Virginia Beach ) are so high and rents are cheap only in the city super bad .

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