buying home

buying home
How will this affect our dream of buying a home?

My boyfriend and I are looking to buy a house. I have good credit, and have bad credit. But he makes the majority of household income, while I am just a waitress. So how will this affect our purchasing a house?

Much depends on what you do. If you make good money then you will have a higher interest rate. If your credit score is below 630 which not be able to get a construction loan to build. Which can have a large down payment to maintain their initial assessments and able to borrow more money. My advice is to seek prior approval and lender will tell you what to do to get a better rate of interest. For us, wrote letters to the credit bureau and had my husband sign them and was 620 to 700 with your help. But there were errors in your report that your boyfriend is going to be lucky … good luck!

buying home

How long after buying a home can refinance?

My husband just bought their house in July 2008 for 87K. Our rates interest at 6.25. With the fall in mortgage rates for the economy, we want to refinance to pay off some bills and get a lower rate. We are first time buyers home and have a 30-year fixed FHA loan. Should we wait a year to finance or we can do now?

Good thinking. Depends on your current loan fine print. T prepayment penalties or other terms ugly? I suggest you Simply call your current lender and tell them you are thinking of doing and see what they say. Even if you can make a slew of fees and closing costs to stay with them, although not matter with the FHA. I just built a new house, closed in September of 6.34% and refinanced with another lender of 4.75% in April. Council – which can double the closing costs and fees on the new loan Between Now & if you do not want to put money. Your monthly payment will be even lower.

9 Tips on Buying a Home