Blogs Posts on "Debt To Income Ratio"

What must be a debt to income ratio to qualify for home equity loan? ? by Financial Planning on Nov 13, 2009What is a debt to income ratio to qualify for Home Equity Loan / Home Equity line of credit. What if I go to mortgage brokers who have access to "B" type lenders at higher rates? Thanks guys! Related PostsHow does home equity loan qualificat...

What You Need to Know About the Obama Loan Modification Plan by Fabian Davila on Aug 29, 2009This Plan was developed to help struggling home owners restructure their mortgage, which would reduce the foreclosure rates and Keep home owners in their homes and would also slow the decline in home values. The Obama Loan Modification Plan has about...

FHA Streamline Loan Requirements by FHA Loan Rates on Aug 14, 2009FHA Streamline loan help homeowners pay lower mortgage payments and lower interest rates. But before you can make the most out of this, you have to qualify for the FHA streamline loan. First and foremost, you need to have an FHA mortgage that exist...

How much will this hurt my credit? by FHA Loan Rates on Jul 26, 2009How much will this hurt my credit? My husband and I are in the process of purchasing a house. We have been pre-approved for a FHA loan. We have 4 bids in on houses, and one short sale contingency being reviewed by the bank. On Thursday, I was invo...

Bankruptcy was just discharged. When can I apply for a mortgage? by FHA Loan Rates on Jul 24, 2009Bankruptcy was just discharged. When can I apply for a mortgage? My wife and I had to file for bankruptcy because of extensive debt, some related to medical bills for our son. Now that we have a good debt to income ratio, I also am going to be get...

How to begin home buying process, can we get an FHA loan? by FHA Loan Rates on Jul 20, 2009How to begin home buying process, can we get an FHA loan? Hello, I am wondering if my husband and I would qualify for a FHA loan, and if buying a house is a possibility for us right now. He makes 33,000 dollars per year and I am a graduate student...

Wondering how income affects lifestyle? by Bitz of Art on Jul 4, 2009Many of you may be wondering how income affects lifestyle. I’m here to tell you a few basic points on that subject which I have figured out through my own personal experiences. I’m certain you will find these points to be extremely useful...

On a FHA home loan do they look at the co-signers credit/income? by FHA Loan Rates on Jun 23, 2009My husband does not have good credit but makes way more than I do. My credit is 704 or higher I believe, our debt to income ratio is 20%. I have worked at my job for 2 years and he has worked at his for 6-7. We can afford to pay a mortgage payment of...

What will my mortgage interest rate be with a FICO in the low 600s and income around 60K? by Financial Planning on Jun 12, 2009I am looking for a first home. I am four years post-bankruptcy. Sure, I could continue to try to build stronger credit, but life is short, and home ownership is an important goal for me to reach in the near future. In my area, I have heard that first...

What are the requirements to get an FHA Loan? by FHA Loan Rates on Jun 10, 2009Does anyone know what the interest rate, minimum credit score, and debt to income ratio would be? Related Article WHAT IS THE CURRENT INTEREST RATE IN CALIFORNIA FOR A FHA LOAN? How do I figure how much points will cost on a refinance Does refinanc...