Archive for March, 2010
Questions About Using The Va Loan?
My wife and I bought our first house last year and we did not use the VA Loan. I am thinking about buying another house but no longer have the money to put up for a downpayment. We both have excellent credit and have an above average income for the area. I’m [...]
Seeking A 100%-financing Mortage That Relies On Income Level; Is My Current Salary The Determining Factor?
Lenders (through Fannie Mae or FHA or whatever) offer 100% (no downpayment) mortgages when your income is below the median for your county. My income had been below this level until a month ago. I’ve gotten a raise, but my income is now above that threshold. I know lenders want to see your W-2s. [...]
