Buying a home is, for many people, the biggest financial transaction of their life. Find answers to questions about home loans and home purchase.
Buying a home is a big financial commitment - one you shouldn't make unless you are properly prepared and have asked, and received good answers to, all of your questions. From the ins-and-outs of home loans, to the ways to prepare for buying your first home, and the rules for qualifying for FHA and other government mortgage loans, Ask Bill has received and answered many questions. If you don't find the answer to your question here, Ask Bill your own question.
Is it more important to have no debt or a large down payment when applying for a mortgage?
I want to know more about VA mortgage loan programs. What can you tell me?
If I purchase a property sold as a short sale, am I still eligible for the first time homebuyer tax credit?
What are the qualifications for the First-Time Homebuyer Credit?
When qualifying for a mortgage, is it better to have high debt and a high down payment or low debt and a low down payment?
How long I need to wait to get a new mortgage if I'm in a Chapter 13 bankruptcy?
I am two years into a five-year Chapter 13 plan and want to buy a house. How do I convince the trustee to allow me to do so?
My parents are both 67 without permanent living arrangements for months. They have been denied assistance, who can help?
How does repayment plan reporting on your credit report differ from a 30 day late?(for a 1st mortgage?)
I am currently in a Chapter 13, would I qualify for a home within the next 12 - 18 months?
We were wondering if the FHA offers any kind of debt relief programs through consolidation of that debt into a home loan?
I am married, have a good credit score, and my spouse has bad credit. Can I apply for a mortgage on my own?
Does my wife qualify for a first time buyer program if she is on the deed to our home, but not the mortgage?
When applying for a mortgage or other lines of credit, will credit checks pull down my credit score?
