Mortgage Help for "thin file" little credit? related questions

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Mortgage Help for "thin file" little credit?0Alania2012-09-09 02:06:04
I have 19 years and my girlfriend me getting married and want to get a house they both work full time that i make about 15000 and 25000 each year is also want your mom to move in moving 12,000 a year to help with the mortgage. My girlfriend has bad credit due to no health insurance so you have medical bills and the city lived in profits in the left anterior direction of six years in one place so that she has thousands owed to public services and mom is in the same boat. Now I'm a full time student in college I work hard like my girlfriend and I want to be able to get a house. On paper I do very little, but I have only good credit with my car payment that has been paid on time for 10 month life of the loan is 2 years (total $ 2500) although I am saving and will have paid off by February and although the only thing on my credit is my student loans (totaling $ 8250) which I am on good terms with, I know all this because I checked my credit report, but not my credit score because it costs money and I don 't have a credit card but I also requested a Discover card and has rejected my credit controls were only two times when I was looking for a car and my bank twice trying to get credit in the protection project and my car loan one has a co-signer. I'm not living with my father, but the rent is not my name all invoices are fine, but only from July this year. The market for the house I live we could get a good home for about 50,000 would not be able to make a large down payment but want to take only a ten-year loan and could afford an interest rate of up to 9 %. We have heard we will extend the 8000 first time home buyer tax return until April of the following year, which would be good for the house payment early, but would really like to be in a home by next summer and 8K would good too, but the things I do to try to get this accomplished. Could I get a credit card with an annual fee and balance payment is always a good idea because I thought the cards you have to pay for that are scams or not reported to credit bureaus and how I can get pre-approval and this would be a good idea at this time or would be a waist of my time and make my score worse?
Is there a way I can qualify for a car loan when my credit profile is still thin?2sherkyra2012-09-03 04:05:02
I have good credit (750) , but I recently tried to apply for a credit card company and was denied because my credit profile is too thin . Right now I'm making about $ 2500 a month , but I'm a massage therapist , so I pay cash directly . I want to buy a car , something reasonable , but I have fear of applying for a car loan and get denied , do not want this to affect my credit . How I can make sure that a lender would recognize the money I'm making now ? Or is this all just a matter of time , as my profile is too " thin" at this time ? What would my car loan application judged?
Bad Credit Mortgage in Colorado....is it possible or should we just file Bankruptcy?0Kaitelyn2012-08-31 03:56:04
We are looking to buy our first home in the Denver area in about a year . We both have bad / old credit (both credit scores are below 600 ) Our income will be around 75k ( I am finshing up nursing Shool ) MedlinePlus MedlinePlus We are trying to see if this is possible or whether we should be happy renting for several years . MedlinePlus MedlinePlus We are expecting a higher rate Interset . I've heard of the " B loans " and "sub prime" lenders and have been trying to search them . MedlinePlus MedlinePlus We are trying to decide whether to declare bankruptcy only now and see if our credit improvement or if possible get a loan ? MedlinePlus MedlinePlus Will we need a 20% down with this bad credit or bankruptcy can help that?
Bad Credit Mortgage in Colorado....is it possible or should we just file Bankruptcy?1d\'s2012-10-20 19:44:04
We are looking to buy our first home in the Denver area in about a year . We both have bad / old credit (both credit scores are below 600 ) Our income will be around 75k ( I am finshing up nursing Shool ) MedlinePlus MedlinePlus We are trying to see if this is possible or whether we should be happy renting for several years . MedlinePlus MedlinePlus We are expecting a higher rate Interset . I've heard of the " B loans " and "sub prime" lenders and have been trying to search them . MedlinePlus MedlinePlus We are trying to decide whether to declare bankruptcy only now and see if our credit improvement or if possible get a loan ? MedlinePlus MedlinePlus Will we need a 20% down with this bad credit or bankruptcy can help that?
Thin capitalization (accounting - tax)?0Ange2012-08-14 12:20:03
Suppose shareholders loans are considered equity under the concept of fine company , 1 . What tax consequences result in the payment of interest? 2 . on repayment of principal ?
Do banks create money out of thin air?0Rahul2012-11-05 14:07:32
When you get a home loan, does the bank simply create this money out of thin air? Or did they already have all of that money on their books? I almost went through foreclosure and the customer service lady from the bank made me feel really guilty for trying to back out of money I borrowed from them. But if they simply created that money out of thin air then they have no right to give me a guilt trip over it. Actually, if they created the loan money out of thin air, and I foreclosed on the house, then they would gain possession of the home for free. So why would they even try to make me feel guilty about that? Please source your information on how banks create loan money.
To Pay or Not to Pay? Reinstate mortgage or File Chapter 7 or 13?1CHAYO2012-10-12 10:11:02
I have 25 years , married , and owns a small house . Due to very slow payment ( I pay the mortgage lending money to students when they arrive ) , my house is going to foreclosure . Also I have a lot of debt from medical expenses , and my husband has a large debt ( car , credit cards ) since his teens . MedlinePlus MedlinePlus I have enough money to restore my mortgage without filing any type of bankruptcy . However, that would leave me without lump sum security . I do the work , so that I could feed myself - but I never seem to have enough money to pay my mortgage and regular expenses . Therefore, if you file bankruptcy and recover / restore my mortgage ... I know I will fall back on the " non-payment " category again. MedlinePlus MedlinePlus My mortgage is achieving better than bankruptcy? What about the other debts I have? How credit is affected ? MedlinePlus MedlinePlus ( I'm going to grad school , so I have many years of being a poor college student left. Only I have to know what I should do with my house and other bills in collections)
How to file a complaint against a mortgage broker in NY?0Fia2012-10-09 19:01:44
I was deceived by my loan officer promised me 6.25% interest and repayment of $ 1,500.00 to the loan amount due to my not paying points and not charge Survery and termite inspection . When closing documents arrived , he was surprised to see that I got 6.50% interest rate and the amount that would be refunded was named as rate I had to pay . When you call him, he told me to do it and sign the papers and you will definitely get back what they promised . The loan period three days became very fast for their false promises and after that, I stopped taking my calls . Now everyone says that since signing the papers , nothing can be done . I feel cheated . Is there anything I can do about it ?
To Pay or Not to Pay? Reinstate mortgage or File Chapter 7 or 13?2jamecia2012-11-05 06:33:02
I have 25 years , married , and owns a small house . Due to very slow payment ( I pay the mortgage lending money to students when they arrive ) , my house is going to foreclosure . Also I have a lot of debt from medical expenses , and my husband has a large debt ( car , credit cards ) since his teens . MedlinePlus MedlinePlus I have enough money to restore my mortgage without filing any type of bankruptcy . However, that would leave me without lump sum security . I do the work , so that I could feed myself - but I never seem to have enough money to pay my mortgage and regular expenses . Therefore, if you file bankruptcy and recover / restore my mortgage ... I know I will fall back on the " non-payment " category again. MedlinePlus MedlinePlus My mortgage is achieving better than bankruptcy? What about the other debts I have? How credit is affected ? MedlinePlus MedlinePlus ( I'm going to grad school , so I have many years of being a poor college student left. Only I have to know what I should do with my house and other bills in collections)
Where can I file for personal loan without using house mortgage.?0andro2012-09-01 15:19:02
I need to consolidate my credit card .
Proper way in Michigan to file a Mortgage assisignment ...?0Drummond2012-10-12 21:57:37
Hi I live in Detroit Michigan area and I have a question on the fair presentation of the assignment of the mortgage . Well I have my home loan bank of 06 June A good bank A. Sold to Bank B and Bank A two months after it filed for bankruptcy . Okay so cruising along fast forward to 2011 fell on hard times , etc , etc entered default mortgage , the loan is then excelerated foreclosure letters arrived I tried to do a loan modification is a joke . Well I'm like if it happens , it does. That was in May 2011 were in November today as filings yet what the hell am I can check the paper work in county offices still says bank A. Dig a little deeper ? Come to discover that my first name misspelled well my question is if filed in May 2011 for the assignment of mortgage is the foreclosure mill or papers signed and dated May 2011 , when Bank A sells to B bank because I have a letter saying that the Bank B that took more than 06 ..... Please read the whole question I am looking for a legal response .
If I want to file a complaint against a mortgage broker, how do I proceed?0diva2012-10-11 03:42:25
I applied for a loan with a mortgage broker , but I did not take it as I got a better price elsewhere. They charged me $ 810 ($ 790 + $ 20 for processing credit report . ) To get the loan approved (conditional ) . Evaluation was not done , so he was not charged for it. I was forced to give a check for $ 810 and the check has been cashed already . It hurts to pay so much money for a loan I did not take . How I can get my money back ? Is this a RESPA violation ? Who I can file a complaint now! Please advice . MedlinePlus MedlinePlus PS : I live in California and the loan is 80/15/5 ( piggyback ) . I had a good faith estimate ($ 495 for the loan of 80 % + $ 295 for the 20% loan )

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