Mortgage Loans – student senior approval

Kathy S asked:


Maybe for a $130K loan or $120K… I’ve saved a bit for a down payment, but its not much.
How can I get a credit card when I have no credit? It’s like a catch 22. I don’t have anyone to co-sign and I don’t have much money saved up.

Manuel

commerciallender asked:

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Paul

tulsamortgagelenders asked:

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Mildred

unknown11233 asked:


Ok here is my situation.
I am trying to get the no income verification loan to buy my first house.
I have 10% of the price of the house to pay for down payment.
About my credit: I have everything paid off in full. All debts are paid off in full. but this was recently so my credit score didn’t go up yet it still at 515.

Now my question: Can I get a no income verification loan with my credit score this low?

Also How long does it take to update my credit score?

Clifford

Gina asked:


I want to try to get a mortgage loan in about 6 months. I have no credit cards. Would it be good for me to get 2 secured credit cards at this point?

Douglas

KR asked:


I was told by Quicken Loans that I would be able to refinance my 30 yr loan 6 months after I get it.Could this be something bad? It seems too good to be true since most lenders make you wait more. Any one know of any consequences?

Bonnie