booby asked:


Me and my fiance are going to be first time home buyers. We are in our late 20s and have well above average income, my credit is good, hers is fair, and we will have at least a 10% downpayment.

How much will lack of credit history hurt us?

KERMIT

armatlantic asked:


My credit score to date is 547 and My chapter 7 case was just discharged last month. I’m single and don’t make alot of money. How long will I have to wait two buy a house?

EMANUEL

Lindsay asked:


My husband has really good credit, he makes about 50,000/year and already has a house with a morgage of about 120,000. I make about 60,000 but while in college really messed up my credit. Could we ever get a morgage together or would they not give us one because of my bad credit? Serious advice is VERY much appreciated. Thanks!

We want to buy some land and build and would want to get a morgage around 220,000

JIMMY

Jim C asked:


I need a commercial lender to do a small Commercial RE loan to buy an Auto Repair Shop in New York State. Purchase price of 45,000 and would like about 15,000 extra to do some upgrading. Fair Credit Score. Any ideas?

SOLOMON

Laissez-Faire Guy asked:


Supposedly we are being told the bailout is to unclog the system that is clogged up with bad debt.

So my question to you is, if I came before you asking for a home or car loan, and I can prove I have necessary income and my credit history is good, can you write me a loan at reasonable terms?

Because if you can, then why do we need a bailout? The money is obviously still there to lend.

WILFREDO