is it hard to get a loan for a house

In most situations, hard money loans can be funded within a week. Compare that to the 30 – 45 days it takes to get a bank loan funded. The application process for a hard money loan generally takes a day or two and in some cases, a loan can be approved the same day. good luck hearing back about a loan approval from your bank within the same week!

is a 203k loan a good idea Networx: Buy your home online: A step-by-step guide – Check out individual brokers’ specialized credentials – such as Accredited Buyer’s Representative or Seniors Real Estate Specialist – to ensure that they’ll be a good match for. And if you’d like a.

WHY IS IT SO HARD TO USE A VA LOAN TO BUY A HOUSE? EVEN WITH A DOWN PAYMENT, VA LOANS ARE NOT ACCEPTED Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

If you qualify as a veteran, you may want to look into a VA Loan. With a VA loan you can put zero down, but instead of a down payment you will pay a funding fee which can be 2.15% of the loan amount for first-time users of the program, and 3.3% if you have taken a VA loan prior. This funding fee can be financed into the loan.

"If someone is saying that it’s harder to get a mortgage today than it was at the height of the boom – when there was no income documentation requirement – yes, of course it’s harder to get a mortgage today than it was at the height of the insanity," says Bob Walters, chief economist at Quicken Loans.

can i get a mortgage with debt I'm in a DMP – can I get a mortgage? Debt Camel – A reader asked about applying for a mortgage when she is in a Debt Management Plan (DMP): "I have been in a DMP for 8 years and still have 6 to go as I still owe 16,000.

You see them all the time — simple frameworks advertising a house for sale and providing. Why applying for a business loan is hard. Consumer credit can seem relatively straightforward. You apply.

builder buy your home Anyone dealt with a builder who will buy your current home (value 115k) if you purchase one of their’s in? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

How difficult is it to get loan to buy 2nd home? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.

You could get a personal loan to purchase or refinance a manufactured home. Approval times are fast and you might have an easier time getting approved for a personal loan rather than a mortgage.

how to get a loan on home equity Home equity loans differ from home equity lines of credit A home equity loan isn’t the same as a home equity line of credit , commonly called a HELOC. A HELOC is a revolving line of credit that works similarly to a credit card, except the loan is backstopped by your home’s equity.40 year mortgage loan calculator Average 30-year mortgage rate drops to 4.17% – To calculate. loan amount. The average fee for a 30-year mortgage was unchanged from a week earlier at 0.6 point. The fee for a 15-year loan also was steady, at 0.5 point. The average rate on a one.