FHA loans do not allow default on a Federal Loan.What if I pay off the loan prior to applying for FHA mortgage?

Will I get the loan? I have about 10% down…

FHA and student loan default solved!! According FHA.gov in their resources section, you are eligible for a FHA loan: if the delinquent account is brought current, paid, otherwise satisfied, or a satisfactory repayment pan is being made between the borrower and…

Can I do a FHA and a VA loan at the… I know a VA loan is really just a guarantee, not really a loan, you still have to go thru a bank. But a FHA loan really is a loan. So my question is can…

Refinancing auto loans prior to home loan app So my wife and I will be likely applying for a home loan 2 years post bk7 next april. We both have auto loans which we could now get better apr rates too reduce monthly…

What happens if you default on a loan of 401K? Lost a large part of household income can not afford to cover the mortgage and repay the loan 401k (prior to consolidate loss) before entering or default on loans. Aware after returning to the IRS,…

Can you secure a home loan if you have… The situation is my hubby and I were pre-approved for a loan and filled out a sales contract, paid ernest money in October for a new subdivision/ house being built. However in January '08, my…

Applying for a Va loan with a default… The default student loans are about 15 years old and are no longer on my credit report... does anyone KNOW of it will show up and cause a problem or flag it since it does…

Navy Federal for a mortgage or should I… I started the process of applying for a mortgage with the Federal Navy, but they did not put the package or for prior approval. One of my colleagues suggested that we., The broker that he…

Stafford Loan Subsidized and… I have been checking out ways to return to school but i have bad credit and was told that i can go back. Then i found out these types of loans do nor go by…

Random Questions

All in One Credit Cards
Anyone use Coin, Plastc, Swyp, Stratos or the lesser known Curve, Wocket, FLYE, One, etc? I’m curious what your experience has been so far.Plastc, Coin, Stratos, Swyp type… Do devices like these void credit card fraud …
Do CC UW criteria change in different demographic areas?
I appologize if this is in the wrong section, but appears to be as good as any other for this purpose.Searching a particular area I have chosen several areas to search with my criteria (price, …
Citi DC
Wondering what scores would be in line for an approval by citi, I know it varys in credit profile but I’m at 644 Ex: Fico 8. Wondering if I’m in the ballpark.SS: negotiator recommends approval …
Advice: Settle or go to court? (already been sued by Portfolio Recovery Associates)
Hello all, I am fairly new to the MyFico forums and am trying to become a more active member in this community! I would like some advice from people who may have experience with Portfolio Recovery …
Regarding mortgages, resulting in a low credit score?
I read a lot about the housing crisis and we learned that loans for new mortgages for people with low scores is to acquire and more difficult. What does a low score? 600? 590? 650? …

Random Posts

If a home owner has a contract with a Realtor, is it ok for her to deed her house over to an investor?
The home owner has a contract in place to sell her house to a realtor who is not doing her job. When the home owner deeds the house over to the investors he will not …
how much money could i get from selling my…?
how much money could i by selling one brand new blue psp with: a memory card, three games (Madden 09, Midnight Club: L.A. Remix, and In Just One Play), a case, and a charger???how much …
Do you know Fanny Mae is an Investor?
and does not give loans? falsi, can you give brief description on what makes a market secondary? caren, I heard of the term cd, but what exactly is it? Does Fanny mae buy or *purchase* …
Parents when did you buy your house?
2) How much was your house?Have you ever promised parents that you… Just wondering, when you graduate from college and start working, will you buy a house for your parents and yourself to live in? …
Does being a full time college student count as a job when applying for a mortgage?
I am applying for a mortgage loan and I only work part time, will me being a full time college student count as an additional job. Even though I don’t make any money from it, …

Random Topics

What does your credit score have to do with getting a job?
I have bad credit – why? Because I am getting a divorce and I am without a job right now. But my problem in getting a job is that I have bad credit! How do …
Can you use a student credit card for a hotel?
i am going to the dominican in april with a girlfriend of mine and my grandma is putting it on her credit card for us but i know we need a credit card there to …
When your credit is checked, does that lower your credit score?
I am looking for a new apartment. I was told by my friend that when apartments run my credit, it lowers my credit score. I don’t think it really makes sense because they are just …
Is it better to pay off your credit card every month?
I am getting a secured card through my credit union to build up my credit. I’ll probably pay all my bills with it and buy gas and stuff and pay that off every month. But …
Am I delusional to believe I can improve credit score in 6mon. or less?
A credit score is based on a 12 month activity and usually goes up between 5 to 10% providing you are paying on time. I believe 620 is the lowest in order to be approve …