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Looking for general help

Maribelle7777 Posted:

Looking for general help

hello!

I didn't even know that this board existed! I thought that the link 'home' was to the start of LIW! LOL

I am glad it is here though. I am clueless about buying a home and mortgages. I know the mortgage will have to go through me since FH is an immigrant and has no credit at all. I know about Fannie Mae too. But does anyone have a good book they can recommend to help me learn the process or a website?

Also, if I have to get PMI, I would rather not have to pay a fee. What banks are there that are good in terms of mortgages and also low/no fees for PMI?

Thanks!
Mary
MarcellaBella Posted:

Re: Looking for general help

Does your fh work off the books?

just b/c he's not a us citizen doesn't mean that he cannot cbe on the mortgage..

Have you found a house yet?

I have an excellent mortgage broker that can help you if you want.. fm me if you want his number.. He's handled several mortgages like that..

Mandy77 Posted:

Re: Looking for general help

If your husband purchases the home with you, he can be on the mortgage.

I am a loan officer and my company does not charge PMI. FM me if you want more info.

Mandy
yabbobay Posted:

Re: Looking for general help

I would look into having DH on the mortgage...it is a bit easier to get a home loan, than say a car loan, b/c the house appreciates...so the bank if they foreclose on you doesn't lose as much as if they did if they loaned you the money for a car...

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