cant afford house payments cant refinance?
December 23, 2008
tweety_lover_757 asked:
My friend and her husband cant afford the house payment no more and cant refinance 2 get a lower payment due to they owe various credit cards. They cant sell it either because the value of the house has decreased by 20,000.00 theyre are thinking about walking away is there any hope for them? what can they do?
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My friend and her husband cant afford the house payment no more and cant refinance 2 get a lower payment due to they owe various credit cards. They cant sell it either because the value of the house has decreased by 20,000.00 theyre are thinking about walking away is there any hope for them? what can they do?
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How much house can I afford - According to the lender?
September 15, 2008
LuckyOne asked:
My husband and I make $70,000 before tax per year and our total monthly bills (cars, credit cards, student loans, insurance etc.) are about $1300/month. I think we can afford an $1,100/month mortgage payment - about $168,000 home - but what will the lender say? Our credit is rated in the middle - about 620 average score.
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My husband and I make $70,000 before tax per year and our total monthly bills (cars, credit cards, student loans, insurance etc.) are about $1300/month. I think we can afford an $1,100/month mortgage payment - about $168,000 home - but what will the lender say? Our credit is rated in the middle - about 620 average score.
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Josh Dunaway has been a certfied Realtor in the suburban Chicagoland area for over 20 years. Aside from starting his own real estate company, he also owns a mortgage company as well.