Could we get approved for a $150,000 home loan (FHA) with me having a term/temp job?

19. May, 2012 Categories: Cash Loan Answers by Comments Off

Question by I just LOVE LOVE!: Could we get approved for a 0,000 home loan (FHA) with me having a term/temp job?
Could we get approved for a $ 150,000 home loan (FHA) with me having a term/temp job (2 to 4 years in the federal government, but only 2 guaranteed)?

We are FTHB's currently under contract on a short sale for $ 150K (FHA) waiting for the third party approval. My husband has a permanent full time job making about $ 23.5K/yr, and I make $ 51.5K/yr. Both our credit over 620. Total debt about $ 630/mnth. We had red flags from a previous home loan we applied for that never went to underwriting that we are working on clearing up (few overdrafts on our previous bank statements, no history of savings, severely increasing house payment, pay day loan on bank statement, and income stability). Those red flags will be cleared up by the time we go to underwriting (no payday loans on the 2 statements given, no ODs, housing payment increase only $ 300 more than our rent compared to $ 700 previously, & a slight pattern of savings within 2 months time which will be a little more than the 3.5% required down payment (including $ 1000 gift funds). The only thing I can't change is my federal government 2 to 4 years temp job, of which only 2 years is guarenteed, but it is extendable an additional 2 years. Two years will end 10/2011. Do you think we can be approved?

Best answer:

Answer by David Z
yes. lender just looks at current pay stubs. they do not know how long your employment will last. none of us have jobs guaranteed for eternity.

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PAYDAY-LOANS-UK.ORG: Payday loans can help you improve your credit score

18. May, 2012 Categories: Cash Loan News by Comments Off

PAYDAY-LOANS-UK.ORG: Payday loans can help you improve your credit score
The website, operated by Green Spiral Media reminds that the payday loan services have many applications and can be applied in different situations. One of these applications, the website claims, is for improving a bad credit score. PAYDAY-LOANS-UK.
Read more on PR Web (press release)

Payday Loans SC

18. May, 2012 Categories: Cash Loan Videos by 10 Comments

www.payday-loans-sc.com and http No fax payday loans with no credit check.
Video Rating: 3 / 5

Q&A: Do you know what bank will give out personal loans without a hassle?

18. May, 2012 Categories: Cash Loan Answers by Comments Off

Question by irmag3: Do you know what bank will give out personal loans without a hassle?
Do you know what bank will give out personal loans without a hassle? My ex is in the process of loosing the house, but the good thing is that the bank is offering it to me for $ 15,000. I am a single parent struggling with my kids and need a home. I think this will work for us. The problem is that i can't find any bank that does loans for this amount. Either the loan is to small or they require to have a CD account. Please help!

Best answer:

Answer by PRD
If your income is fair and you have fair credit, you can get what you need given your current circumstances borrowing from the right source.

Visit: WPLenders.com for some great options.

Good Luck.

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Bill to regulate payday loan industry in Delaware clears Senate committee

17. May, 2012 Categories: Cash Loan News by Comments Off

Bill to regulate payday loan industry in Delaware clears Senate committee
"They have no place else to go," he added, suggesting that borrowers will turn to loan sharks if they can't get the loans they need from payday lenders. Carol Stewart, vice president of government affairs for Advance America, said the company's typical ...
Read more on The Republic

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