USDA loan help

Mar 212011
 

Really want to get into a home.  Wife and I are looking at homes in an USDA approved area.  $ 77000 income which is ok for this area.

 

Credit score:  Equifax 591  Experian 626  Transunion 614.

 

Debt:

 

Car :                    $ 18000                Payment  $ 398

Credit card:        $ 400                                        $ 15             Credit Limit  $ 500

 

Parent Plus

loan:                    $ 6653                                       $ 80

 

Bought the car in Dec and paid a car off in Feb.  Had some late payments with the old car that were only a couple months old.  New car was set up to pay weekly and has been on time since we took the loan out.  Credit card taken out in Dec. and always on time. Parent plus loan taken out Sept 2010 and always on time.

 

We are looking at a Ryland home that is $ 250000.  Builder giving $ 10000 in incentives which can be used for closing costs.  I think I need a 620 credit score to get one of these loans and I’m wondering how long it will take to move my scores above 620.  Also any tips to raise my scores.  Really tired of renting and with housing prices and interest rates so low I’m hoping to get into a home this year.  Builder said it would take 5 months to build.  Any problems building a home with a USDA loan.

local mortgage lender
bycliff1066â„¢

My wife and I have lots of credit card debt that we got building our business this brings our credit scores down But we have lots of equity in our business property there is no mortgage on the business property or equipment. This totals about $ 200,000+ value, we would like a loan of about $ 50,000 value Seems like local lenders do not want to help because we are self employed and our credit score any ideas out there!

My husband and I are buying a builders spec home in Lafayette, IN for $ 115,000. The home is in a new community that qualifies for USDA loans. We have been pre-approved for a FHA mortgage through Bank of America & a local mortgage broker. FHA was the mortgage we were planning on taking until we found this house. Now we are torn between the two and are unsure on which one would benefit us now & in the long run.

Our objective – To use the least amount of money up front as possible, and maintain a total housing payment of less than $ 780 a month. (Interest rates quoted range from 5.125% to 5.5% & Taxes = $ 600yr & Home Ins. = $ 595yr)

I don’t know much about the loans offered by the USDA but what I have learned is…..
*No money needed for a down payment – 100% financing
*Manual Underwriting through approved lenders – It can take up too two weeks to be fully approved
*No Private Mortgage Insurance
*Closing costs can be added to mortgage as long as the home appraises higher than purchase price –
*Higher Closing costs – Guaranteed loan fee for lenders to process loan is 2% of the total purchase price & lenders pass this fee to the buyers at closing

Any help with this is greatly appreciated! =)

Thanks,
Bre

I need to find a company to help me with national deliveries?

Jan 022011
 
savannah michigan minnesota
bydbking

IN Alaska Atlantic city Alabama Arkansas Arizona California Connecticut Colorado Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Las Vegas Nevada Los Angeles Louisiana Maine Massachusetts Maryland Michigan Minnesota Mississippi Missouri Montana New Hampshire Nebraska New Jersey New Mexico New Orleans New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island San Francisco Savannah Seattle Washington South Carolina South Dakota Tennessee Texas Utah Virginia Vermont Washington DC West Virginia Wisconsin Wyoming

i need help with my history can you help me please?

Jan 022011
 

After the affair at Harper’s Ferry, abolitionists considered John Brown to be

A. a likely candidate for president of the Union.
B. a martyr to the antislavery cause.

C. an advocate of Southern interests.

D. a fanatical madman.

2. With many black and white casualties, the slave uprising in Southampton, Virginia, in 1831 is known as the

A. Nat Turner Insurrection.
B. Cato Conspiracy.

C. Denmark Vesey uprising.

D. Gabriel Plot.

3. The famous words “Don’t give up the ship” were spoken by

A. James Lawrence.
B. Winfield Scott.

C. John Paul Jones.

D. Stephen Decatur.

4. What happened as a result of the Battle of Fallen Timbers and the Treaty of Greenville?

A. Indians ceded much of Ohio to the United States.
B. Ohio and Indiana became states.

C. “Mad Anthony” Wayne became governor of Ohio.

D. Many settlers headed west, leaving the Ohio Valley.

5. Who was known as the “Great Compromiser”?

A. Andrew Jackson
B. Henry Clay

C. Daniel Webster

D. John Quincy Adams

6. “Old Hickory” was the nickname of

A. John Tyler.
B. Andrew Jackson.

C. James Buchanan.

D. Abraham Lincoln.

7. As Chief Justice of the Supreme Court, Marshall’s decision in Marbury v. Madison (1803) established

A. the principle of judicial review.
B. the power of the court to enact laws.

C. the electoral college.

D. the right of the court to invalidate a state law.

8. The chief spokesman for states rights was

A. Jefferson Davis.
B. John C. Calhoun.

C. Robert E. Lee.

D. Henry Clay.

9. Slaves were helped in their attempts to gain freedom by the

A. suffragettes.
B. unionists.

C. refuseniks.

D. abolitionists.

10. The founder of the first American colony in Texas was

A. William B. Travis.
B. Davy Crockett.

C. Sam Houston.

D. Stephen F. Austin.

11. The first state to ratify the Constitution was

A. Virginia.
B. Pennsylvania.

C. New Jersey.

D. Delaware.

12. After the fall of Fort Sumter, which of the following border states joined the Confederacy?

A. Missouri
B. Kentucky

C. Arkansas

D. Maryland

13. America’s first Secretary of State was

A. John Adams.
B. Thomas Jefferson.

C. Alexander Hamilton.

D. James Madison.

14. The first Chief Justice of the U.S. Supreme Court was

A. Alexander Hamilton.
B. Edmund Randolph.

C. John Jay.

D. George Marshall.

15. The first Southern state to secede from the Union was

A. Georgia.
B. Virginia.

C. South Carolina.

D. Texas.

16. The Shays’ Rebellion was mainly a response to

A. the threat of farm mortgage foreclosures.
B. taxes on whiskey.

C. a financial crisis in the U.S. Congress.

D. trade disputes among the states.

17. The “George Washington of South America” is another name for

A. Francisco Miranda.
B. Jose de San Matrin.

C. Antonio de Santa Anna.

D. Simón Bolívar.

18. The battle that proved to be the turning point of the Civil War was the battle of

A. Chancellorsville.
B. Gettysburg.

C. Antietam.

D. Bull Run.

19. Running on his record as a hero of the Mexican War, _______ ran as the Whig Party candidate and was elected president in 1848.

A. Zachary Taylor
B. Winfield Scott

C. Stephen Kearny

D. Millard Fillmore

20. What amendment to the Constitution ended slavery?

A. Thirteenth
B. Twelfth

C. Fifteenth

D. Fourteenth

21. What president was impeached for defying the Tenure of Office Act?

A. Ulysses S. Grant
B. Rutherford B. Hayes

C. Andrew Johnson

D. Franklin Pierce

22. The supporters of the Constitution were know as

A. Whigs.
B. Democrats.

C. Federalists.

D. Republicans.

23. The first public high school was founded in

A. Jamestown.
B. Philadelphia.

C. Boston.

D. Albany.

24. The American author who wrote about New England Puritans was

A. Nathaniel Hawthrone.
B. Harriet Beecher Stowe.

C. Edgar Allan Poe.

D. Herman Melville.

25. The United States doubled its size because of the

A. War of 1812.
B. Louisiana Purchase.

C. Texas Annexation.

D. Mexican War.

HELP! Attention all those brains!

Jan 012011
 

Oh, it’s doozy!

Ok, I’m Perfect Equifax, $ 14.95/mo pay for it. It’s been two months – really liked it.

Then in November decides the old man, he will get it to fit me. Well, when he presents his info, it is said that he already has an account and login to complete the purchase – it will bring him to my login info. He will do it again, thinks he made a mistake somewhere – it will bring him to me to login again, he said, need to log data file. So he’s doing, thinking, ok, we have the same address and last name, maybe they do not repeat monitoring of the product in the same account.

Big error pops up and says he can not log in and contact our customer service. When he tells me, I try to log into my account and it said I can not access my account and contact customer service.

3 times I called them, and every time they tell me there is no account, no files in my name, social security #, email address, or even a confirmation # from receipt of the Service. But I still get charged. I can not cancel it – which is what I want to do, because they say I’m not there, but they can keep charging me, but shows no record of them charging me.

What should I do? I’ve got a long mail sitting in my draft box, ready to shoot them demanding that they cancel the service and not charge me, and I support this month’s payment because I have not been able to access my account since November.

Anyone? Please! I need to know what I can do, say, or heck, even threatening to have them repaired.

Thanks!

mortgage

I was wondering if you give credit to mortgage payments to save the economy more effective than support from financial institutions. This may prevent foreclosures and grades, and also put more income into the pockets of people who do not take on risky mortgages, which increases the economic recovery.
sometimes call me and offer loans. they can offer home loans?

Need help us through the Dept. Ed SallieMae school for deferment of loans sold in the fed

Dec 052010
 
student

Five of my bonds have been sold SallieMae is Dept. of Ed. According SallieMae / Dept Ed Fed loan servicing web site these five loans transferred from the school’s suspension of 27 days. My school has contacted SallieMae make sure that I will be enrolled full-time students until April 2011. All loans are still owns SallieMae postponement until April 2011. This info has not been applied to loans acquired Ed Dept responsible for increasing SallieMae. Student Financial Aid report is faxed and sent the required form three times since August to update this information. I would like to clarify that I’m going to a Canadian university, so we do not relate to the normal online system. A few days ago I left an email SallieMae pray in this situation. I have not received an answer yet. I wonder if anyone has any suggestions. What happens if the loan will remain out of school suspension, and while I was still enrolled. Stafford loans are made and the degree plus.

Debt Consolidation Loans And How They Can Help You

Nov 262010
 

Debt Consolidation Loans And How They Can Help You

Debt Consolidation Loans

Debt Consolidation Loans combine multiple debts into a single, manageable loan . Shakespearefinance has tie-ups with a range of highly experienced, competent lenders, who work towards providing competitive rates on debt consolidation loans to both homeowners and tenants. Debt consolidation loans are secured against your property and can provide lenders with a greater capacity to lend.

Debt consolidation loans are secured loans. A secured loan is one in which the borrower uses something that he owns as collateral for a loan. Debt consolidation loans make it so that you only have one smaller monthly debt payment. This can free up money to make your ability to enjoy life as you pay off your debt much more possible. Debt consolidation loans are offered to the debtors in two ways. If you don’t wish to pledge collateral as well as want to obtain a debt consolidation loan, then the best way for you is to opt for unsecured debt consolidation loan.

Mortgage offers contain many terms less than 30 years and some are as few as 10 years. Refinance mortgage rates can make a big difference in your lifestyle and your finances for years to come. Mortgage rates are going lower while credit card rates are still going up. Also, some credit card issuers are being switched from fixed rates to variable.

Loan companies usually sell debt consolidation loans as a way of consolidating your bills into one, lower, easy to manage, easy to afford payment. By consolidating your debts into one loan you may be able to obtain a much lower monthly payment, this could make life more affordable or free up money for another purchase.

Loans subject to status and where mortgages are involved, subject also to type and value of property. The actual rate available will depend upon your circumstances. Loaning money to consumers is how the banks make most of their money. The banks charge interest that has to be paid back along with the initially borrowed principal.

Loans for individuals with bad credit are called “bad credit loans” and they are available to finance a number of items. Bad credit loans can be used to purchase cars, or even debt consolidation and personal loans. Loan not in favor of property is recognized as secure. It gets you lesser interest rates, higher loan amount, easier installments and longer time period for repayment. Loans can add burden to our lives if not properly managed. That is why we consider debt consolidation loans as the best choice that can help us reduce the burden with out debts

Debt Consolidation Advice and Assistance is our specialty
Debt consolidation is certainly not all bad and in fact can actually help out
many who find themselves in severe financial hardships. If you do seek debt
consolidation as an answer then you will have to understand that you can
negotiate the terms of the consolidation. Debt consolidation is an excellent
tool that can help you manage and decrease your debt when you just can’t seem to
do it on your own. There is no way that you can completely fix bad credit
without the ability to reduce debt and pay your bills on time. Debt
consolidation is not a loan , but a way to lower your monthly payments and lower
(sometimes even eliminating) the interest, late fees; over the limit fees you
are currently paying. Don’t delay, start today and take control of your
finances!

 


Article from articlesbase.com

Most debt consolidation companies do nothing better than simply ruin your fico score in order to settle your debt. If you really want to work with an agency that will help you reduce your debt, contact a company member of “CONSUMER CREDIT COUNSELING SERVICES” (CCCS) More info at: sccrealestateuncensored.com/2008/repair-credit-legally-remove-negative-accounts/ micasamidinero.com/2008/reparo-credito-eliminando-legalmente-cuentas-negativas/

Merrick – Help

Mar 042010
 

Hello All,

 

 

Hey folks…this is getting crazier by the minute.

 

HERE’S THE RECENT DRAMA

 

I have a Merrick Visa card for over 3 yrs or so, I started with 600.00 CL, AF 59.00….. CL is now up to 1600.00, with paying on time, and paying in full…

 

It has been paid in full with  for a few months…..and haven’t used it lately, and now they are charging me 9.00/mo. for an annual fee, I called to asked to waive this…they said no. 108.00/yr to have this card, this is BS…… then I said well…close my account they said…they can’t because I have a balance…

I said NO my account is paid in full,…..they said NO ma’m…you have a balance of 9.00….LOL….. ARE YOU !@#$ Kidding me!!

 

How should I handle this account……my credit has improved slowly but surely……..I don’t want to risk dropping points. I don’t know if trying to replace this card is wise either, because I would just be applying for credit I don’t need…..I am paying down my cards and still getting screwed!!

 

PLEASE ADVISE GOOD PEOPLE…..I AM STRESSED!!!!

Credit Card Late Payment history – Help

Mar 022010
 

I am working to get my credit back up to around 800, I am at 747 now.  Even with this USAA says that they will not refinance my vehicle.  They are my insurance and cc holder.  Amazing.  I looked back at my history and what is hurting me is (recent credit lines from last summer 2009) and  3  – 30 day late payments from over the last 5 years.  One from May 2005, one from March 2007 and one from March 2008.  Two of those accounts are closed and all of them I have had since 2002 or earlier.  With only the one 30 day missed payment. 

 

How long do these 30 day late payments stay with you and when do they stop affecting your credit?   I am looking at switching insurance companies and getting the car into my own name and now I am worried to do that as each time they query my account it affects my credit. 

 

Ideas???? Thanks,

 

Chell 

zero credit please help

Mar 022010
 

ok i need help buliding my credit , i have no credit cards no collection or any thing my credit is all clean other then 1 or 2 inq  when i tried to apply for credit card but i got turn down for limited credit , so please can some one help me and tell me which cards should apply which can approve me with no credit so i can start bulding my credit thanks …..

Help! Confused about credit card util

Mar 012010
 

I’m trying to figure out how to go about showing a low util on my credit cards. Let’s say I charge $35 on Card X on March 15. Statement date is March 23, payment date is April 21. Do I let the $35 hit the statement then pay before the due date? If I let the $35 hit the statement won’t I then be assessed finance charges? If I pay the $35 before the statement date what will report to the CRAs? Have I confused anyone else yet?:smileytongue:

 Older Entries