Sean Kennedy
First Home Buyer With a spouse that has an ITIN
Hey y'all, I am a first time home buyer in NC and planning to utilize an FHA. My question pertains to my wife who has not been granted citizenship or a green card in the US yet. If I list her solely on the mortgage we...
Corey Westermann
Help please - When will FHA mortgage insurance drop off my loan??
I refinanced one of my houses into a 30yr FHA loan back in January of 2013.The FHA appraised value of the property at the time was $326k. The loan amount for the refi was $255k.Since closing occurred prior to June of ...
Symone Gordon
Refinance: Simultaneous conventional and HELOC??
Hi Everyone! I’m looking to refinance my duplex. I’ve got to get this monthlY payment down to create more cash flow - I like the idea of a HELOC - My broker is suggesting I refinance to conventional and take out a HE...
Sean Durham
FHA / PMI - Sliding Percentage Scale?
Hoping to find some clarity on this, I looked through several other topics but didn't see this specific question answered (Apologies if I've missed something.)Is there a clear way to calculate PMI with an FHA loan on ...
Mark P.
Should I refinance out of FHA to get rid of PMI?
So I am at a crossroads right now and would like some feedback. Currently, I rent a place out with a FHA mortgage t 3.75% owing $182k on the loan for a place I bought in 2011 for $205k. I pay $2100/year in PMI and r...
Brendan August
Closing Costs Questions
Sorry for the duplicate post...I currently have a home under contract in Baltimore and I first off just wanted to thank everybody that I've spoken with personally or have learned from on the forums.
I was wondering ...
Christopher Cole Carcich
NYC House Hack or Upstate Buy & Hold Stack?
Greetings BP Fam! I am a newbie looking for advice (and local connections) for my long awaited entrance into REI. Some backstory:I am a NYC native, my fiancé & I are both employed with good pay in the film & t...
David Levy
I can do a 20% down, but why not 3.5% FHA? Please Help
Hi all,I've been a "renter" all my life and finally buying a townhouse in state of NJ to live in. After reading a lot about putting my money to work and I do have over 130k to work with, I am now thinking if I should ...
Dustin Mustach
FHA loan refinancing questions
Not much progress has been made however I have saved up enough money to pay off a 20%($32,252) down payment if the correct move is to refinance. The numbers I know for sure as of now is that if I pay the PMI for the l...
Greg Bohn
FHA Loans Information
Anybody have experience with FHA loans? I was thinking of potentially using an FHA loan as an opportunity to househack a multi-unit property, and had the following questions on the subject:1. How can you see how much ...