I am trying to figure out if I would qualify for a $275,000 loan and if not, I want to find a ballpark figure for what I would anticipate being approved for in the state of Texas. I am 30 and married with 2 kids (wife is a homemaker), first time home buyer, have [...]

can anyone help me? I am buying first home and my mortgage broker quoted me a excellent faith estimate and everything is alot higher then he said. Loan is 100% financing no money down, credit score 695. Price $122,500.00. In Texas.I need payment around 780 not much higher but his closing costs are around $6200.00. [...]

I bought a home in 2004 and the loan is in my name only. My wife was not a co-applicant on the mortgage nor was her credit score and income used to qualify for the mortgage. To this day the loan does not appear on her credit report. But since Texas is a [...]

My husband and I just started credit counseling this month in order to get our credit card debt from when we were in college under control before our credit was really ruined. Anyways, now it looks like by husband is going to get a decent promotion but it is going to require us to go. [...]

can anyone help me? I am buying first home and my mortgage broker quoted me a excellent faith estimate and everything is alot higher then he said. Loan is 100% financing no money down, credit score 695. Price $122,500.00. In Texas.I need payment around 780 not much higher but his closing costs are around $6200.00. [...]

With the current lending standards, i’m wondering if the same applies to HUD homes. I live in texas and found a hud home that’s listed for $95,000. My credit score is about a 620 which i know is horrible. Is it possible to qualify for a loan and about how much would our payments be?

First, about me.
I’m 32.
I own my home outright. 100% deed in hand
I pay cash for cars.
Next is Texas Law:
No wage garnishments for consumer debt
No liens can be placed on your homestead or its equity
I don’t care about my credit score. I’ve never taken out an auto loan in my life. I will [...]

are there any first time homebuyer programs in texas that require small to no money down for a homes in texas? We have a credit score of 610

Excellent credit score of past not so excellent now
In the new lending environment, a excellent credit score is not excellent enough for today’s homebuyers.

Just wondering if I place a considerable down payment on a home and built more equity over a few years if it would be possible to take a home equity loan out to place a down payment on another home that would be used for investment purposes? A rental property/duple/apartment complex etc….
Of course I realize [...]