Home › Forums › Closed Forums › Buying and Selling RE › Ok, help me out guys
- This topic has 90 replies, 8 voices, and was last updated 16 years, 6 months ago by
HLS.
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May 16, 2008 at 9:14 AM #205904May 16, 2008 at 12:25 PM #205923
Anonymous
GuestRaybyrnes, there’s nothing going on under the table. Sorry to disappoint you.
HLS, I don’t know that they can’t qualify full Doc. They have NO assets and a fixed income. They get SSI and social security.
We will look into the link provided by Rustico and try to go VA, but I would think there has to be some of the No Doc loans still floating around out there.
They CAN afford the house.
May 16, 2008 at 12:25 PM #206059GuestRaybyrnes, there’s nothing going on under the table. Sorry to disappoint you.
HLS, I don’t know that they can’t qualify full Doc. They have NO assets and a fixed income. They get SSI and social security.
We will look into the link provided by Rustico and try to go VA, but I would think there has to be some of the No Doc loans still floating around out there.
They CAN afford the house.
May 16, 2008 at 12:25 PM #206030GuestRaybyrnes, there’s nothing going on under the table. Sorry to disappoint you.
HLS, I don’t know that they can’t qualify full Doc. They have NO assets and a fixed income. They get SSI and social security.
We will look into the link provided by Rustico and try to go VA, but I would think there has to be some of the No Doc loans still floating around out there.
They CAN afford the house.
May 16, 2008 at 12:25 PM #205975GuestRaybyrnes, there’s nothing going on under the table. Sorry to disappoint you.
HLS, I don’t know that they can’t qualify full Doc. They have NO assets and a fixed income. They get SSI and social security.
We will look into the link provided by Rustico and try to go VA, but I would think there has to be some of the No Doc loans still floating around out there.
They CAN afford the house.
May 16, 2008 at 12:25 PM #206006GuestRaybyrnes, there’s nothing going on under the table. Sorry to disappoint you.
HLS, I don’t know that they can’t qualify full Doc. They have NO assets and a fixed income. They get SSI and social security.
We will look into the link provided by Rustico and try to go VA, but I would think there has to be some of the No Doc loans still floating around out there.
They CAN afford the house.
May 16, 2008 at 12:37 PM #205985GuestHLS, send me your email address where I can contact you.
May 16, 2008 at 12:37 PM #206070GuestHLS, send me your email address where I can contact you.
May 16, 2008 at 12:37 PM #206040GuestHLS, send me your email address where I can contact you.
May 16, 2008 at 12:37 PM #206016GuestHLS, send me your email address where I can contact you.
May 16, 2008 at 12:37 PM #205936GuestHLS, send me your email address where I can contact you.
May 16, 2008 at 12:39 PM #205989HLS
ParticipantThey CAN afford the house.
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ACCORDING TO WHO Marion ?? YOU ??
Then YOU give them then loan…NO assets at retirement age,, I’d say that they CAN’T afford to buy a house and would decline to be involved with this loan based on what you say, UNLESS they qualify..
Ever heard of a repair or an unexpected expense or a medical bill or car repair ??
The definition of THEY CAN AFFORD IT is:
They qualify for a loan, (so they POSSIBLY can afford it)!FNMA will allow total debts up to 60% of gross monthly income.
When people bring home 75% of their gross, I don’t see how going to 60% is even prudent.2 years ago, the loans existed.
It’s people thinking like you that contributed to the bubble and the mess.There are retirement homes in Hemet and Sun City below $200,000 ..perhaps they can qualify to buy there.
May 16, 2008 at 12:39 PM #206021ParticipantThey CAN afford the house.
***************************
ACCORDING TO WHO Marion ?? YOU ??
Then YOU give them then loan…NO assets at retirement age,, I’d say that they CAN’T afford to buy a house and would decline to be involved with this loan based on what you say, UNLESS they qualify..
Ever heard of a repair or an unexpected expense or a medical bill or car repair ??
The definition of THEY CAN AFFORD IT is:
They qualify for a loan, (so they POSSIBLY can afford it)!FNMA will allow total debts up to 60% of gross monthly income.
When people bring home 75% of their gross, I don’t see how going to 60% is even prudent.2 years ago, the loans existed.
It’s people thinking like you that contributed to the bubble and the mess.There are retirement homes in Hemet and Sun City below $200,000 ..perhaps they can qualify to buy there.
May 16, 2008 at 12:39 PM #206076ParticipantThey CAN afford the house.
***************************
ACCORDING TO WHO Marion ?? YOU ??
Then YOU give them then loan…NO assets at retirement age,, I’d say that they CAN’T afford to buy a house and would decline to be involved with this loan based on what you say, UNLESS they qualify..
Ever heard of a repair or an unexpected expense or a medical bill or car repair ??
The definition of THEY CAN AFFORD IT is:
They qualify for a loan, (so they POSSIBLY can afford it)!FNMA will allow total debts up to 60% of gross monthly income.
When people bring home 75% of their gross, I don’t see how going to 60% is even prudent.2 years ago, the loans existed.
It’s people thinking like you that contributed to the bubble and the mess.There are retirement homes in Hemet and Sun City below $200,000 ..perhaps they can qualify to buy there.
May 16, 2008 at 12:39 PM #205941ParticipantThey CAN afford the house.
***************************
ACCORDING TO WHO Marion ?? YOU ??
Then YOU give them then loan…NO assets at retirement age,, I’d say that they CAN’T afford to buy a house and would decline to be involved with this loan based on what you say, UNLESS they qualify..
Ever heard of a repair or an unexpected expense or a medical bill or car repair ??
The definition of THEY CAN AFFORD IT is:
They qualify for a loan, (so they POSSIBLY can afford it)!FNMA will allow total debts up to 60% of gross monthly income.
When people bring home 75% of their gross, I don’t see how going to 60% is even prudent.2 years ago, the loans existed.
It’s people thinking like you that contributed to the bubble and the mess.There are retirement homes in Hemet and Sun City below $200,000 ..perhaps they can qualify to buy there.
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