Preparing to Buy a House ? (Step by Step Guide) 🏠

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Preparing to Buy a House ? (Step by Step Guide) 🏠

Рет қаралды 66,271

Күн бұрын

#homebuying #realestate #howtobuyahome
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Questions? 707-478-0637
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Clearly, I love doing loans! Need a mortgage or want to chat about your scenario? I am licensed in 48 states for purchase and refinances. Here is how to contact me:
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Jennifer Beeston, SVP Mortgage Lending NMLS 247743 at Guaranteed Rate, Inc. NMLS 2611
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Пікірлер: 304

@losheroes6076 Жыл бұрын

I closed today 😁

@seanebblvd Жыл бұрын

That sucks

@ohitsamala Жыл бұрын

CONGRATSSSSSSSS

@losheroes6076 Жыл бұрын

@@ohitsamala thank you

@losheroes6076 Жыл бұрын

@@momoftwo8415 thank you

@losheroes6076 Жыл бұрын

@@seanebblvd lol

@jwesby65 Жыл бұрын

I was told by my mom that credit card were bad and not to get one. So in the last 6 months I finally got one and my credit went from 400 to 647. I wished I've done it sooner.

@JenniferBeeston Жыл бұрын

I am so glad you got your credit handled:)

@craigmertz1994 Жыл бұрын

I'm 58 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, we are finding it impossible to replace it. We can get by, but cant seem to get ahead. My condolences to anyone retiring in this crisis, 40years nonstop just for a crooked system to take all you worked for

@JenniferBeeston Жыл бұрын

Inflation is out of control 100%

@cpborrelli Жыл бұрын

Live in the moment. Love your wife. There is no future, only the present. It is where we always live. It is where happiness is

@johnnygross4415 Жыл бұрын

I moved to mexico

@MikeHawk_007 Жыл бұрын

Coming from someone who's done ok. lts definitely a scam system. The "health con" system is designed to take your money on the backside of your life..

@SanJoseCA-ot3qy Жыл бұрын

@@cpborrelli Exactly. 🙏

@humancrustaceans7849 Жыл бұрын

Literally not even 2 minutes in and I’m loving your energy and the information given! 🙌🏾💪🏾🖤 thank you

@JenniferBeeston Жыл бұрын

I appreciate that! Thank you for tuning in!

@jaygill2956 Жыл бұрын

Hello Jenn, for a sec I felt like i am in your office and talking to you and you are answering all my questions. Wow!! what a great video looks like this video is made for me. Thank you great work!

@JenniferBeeston Жыл бұрын

Happy to help Jay:)

@therealmlw 8 күн бұрын

What a great video! Thank you so much for the expertise and practical advise, you are really helpful!

@JenniferBeeston 8 күн бұрын

Glad it was helpful!

@jesssbe5point7 10 ай бұрын

really really appreciate the transparency Jennifer, the honesty, may you always be blessed with good and health. very informative videos, have watched a couple by now. nicely categorized as well, thank you so much for everything, your time is greatly appreciated💝

@1010JenFriend Жыл бұрын

My goodness your videos are a blessing ♡ thank you so much! So helpful!

@JenniferBeeston Жыл бұрын

Happy to help ❤️

@wwing Жыл бұрын

Jen, love your videos... thank you so much! I'm a vet, love the VA information you put out too!

@JenniferBeeston Жыл бұрын

Thank you!

@dianahdz926 Жыл бұрын

Very simple and easy to understand. Thank you so much.

@JenniferBeeston Жыл бұрын

Thank you!

@thenewwayhome Жыл бұрын

You always provide such valuable info, Jen! Keep up the great work!

@JenniferBeeston Жыл бұрын

Thank you!

@kavaughnadams5285 Жыл бұрын

Listening to her definitely made me more comfortable.

@kaykay7640 7 ай бұрын

I've watched several videos of yours and I just got my question answered 😂😊 thank you for all your help

@JenniferBeeston 7 ай бұрын

Happy to help!

@Branbrina Жыл бұрын

This is by far the most helpful video I have watched during this process with the most helpful and easy to understand breakdown of the first time homebuyer process. Thank you

@JenniferBeeston Жыл бұрын

I am so glad it helped! Thank you for taking the time to comment. I really appreciate.

@mompreneurlife Жыл бұрын

❤ great tips! The market is certainly normalizing and I do feel that serious of buyers. I need to sharpen up their credit scores. Last time I was here I was only three weeks into my new job as a real estate agent. Now I am four weeks in and have done a handful of open houses. More and more visitors are showing up. I’ve also heard of agents talk about multiple offers more often. The market is certainly picking up and buyers will have more competition. Thank you for sharing the tips! I do feel that a buyers I need videos like this to be more educated prior to making such a big purchase.❤

@JenniferBeeston Жыл бұрын

Thank you! The wild thing coming out is that people with lower credit scores actually will be getting better rates then higher scores in the next few months. No joke. I will be doing some videos on it. Check out Fannie and Freddie new loan level pricing adjusters.

@jeannettetorres2561 11 ай бұрын

As a new agent , the info your providing is so valuable. Thank you.

@JenniferBeeston 11 ай бұрын

Glad it was helpful!

@Raymondjohn2 Жыл бұрын

I think a housing crash will happen because all those people who bought homes over asking price, although it was at a low interest rate, they are over their heads. They have no equity if the housing prices continue to go down, and if for whatever reason they cannot afford the house anymore and it goes into foreclosure because even if they try to sell, they will not make any money. I think this will happen to a lot of people especially with the massive layoff predicted for the future and the cost of living rising at a high speed.

@Oly_laura Жыл бұрын

For 2023, it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.

@martingiavarini Жыл бұрын

I suggest you offset your real estate and get into stocks, A recession as bad it can be, provides good buying opportunities in the markets if you’re careful and it can also create volatility giving great short time buy and sell opportunities too. This is not financial advise but get buying, cash isn’t king at all in this time!

@hermanramos7092 Жыл бұрын

You are right! I diversified my 450K portfolio across various market with the aid of an investment coach, I have been able to generate a little bit above $830k in net profit across high dividend yield stocks, ETF and bonds.

@Oly_laura Жыл бұрын

@@hermanramos7092 Do you mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 50 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays.

@hermanramos7092 Жыл бұрын

@@Oly_laura renowned for her proficiency and expertise in the financial market, ''Catherine Morrison Evans’’ my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.

@AlejandraRamirez-hr9nb 4 ай бұрын

Well explained !!!!!!

@JenniferBeeston 4 ай бұрын

Thank you:)

@RickTutunick Жыл бұрын

I'm a Realtor and am loving your videos.

@BoswelliaLuna8 Жыл бұрын

I’m grateful we have the option to go to a month to month lease after our annual lease is up. You’re so right. Timing is everything!

@JenniferBeeston Жыл бұрын

That is great you are able to do that! You will have the best options and will not be rushed

@losheroes6076 Жыл бұрын

My month to month would be 2500 if i wanted to stay where im at. So i bought a house my mortgage is 2600

@kimberlyguillen7324 Жыл бұрын

Examples of low income mortgage payment would be nice also give us better ideas of where you buy a home.

@JenniferBeeston Жыл бұрын

I like that idea. We were actually talking about doing something like that on my Instagram stories next year. Like what is for sale around the country and what a payment would be

@AndreBragaBr 9 ай бұрын

Excelent guide, thank you!!! 🙌

@JenniferBeeston 9 ай бұрын

Glad it was helpful!

@Jimboslice1270 Жыл бұрын

Closed in North Carolina in March from when I started from last November that’s selling a house and buying think my score was 800 still wish could have found you earlier cause loved to have you do my selling and buying house ❤❤❤❤❤❤

@ailinvargas5092 Жыл бұрын

This is the best video I have watched that is TRULY helpful!

@JenniferBeeston Жыл бұрын

Thank you!

@vladimirarellano7137 Жыл бұрын

Youre really good at what you do!

@JenniferBeeston Жыл бұрын

Thank you!

@kortneehull2670 Жыл бұрын

This was probably the BEST and most SIMPLE video on preparing for home buying I’ve seen. I really like how you use the statement “credit with drama” instead of “bad credit” per se. Thank you for this advice! I’ve been a bit obsessive with my credit score but this put me at ease!

@JenniferBeeston Жыл бұрын

Happy to help:)

@jellybaby2490 Жыл бұрын

Thank you for this!! I’m hoping to buy a house within the next couple of years and this answered a lot of my questions! 😊

@allykanyce Жыл бұрын

So glad I found your video. I’m looking to buy in June and am using a fha loan. I’ve been getting so overwhelmed with the process and all the people i have to reach out to. Thank you for making it more simple. Great video quality too, you’re gorgeous!

@JenniferBeeston Жыл бұрын

You can do it! I'm here if you need any help!🤗

@carolinebashualdo5035 Жыл бұрын

I’m 26 and i though by this age I couldn’t buy a house but you gave me hope!! I want to keep learning so I just subscribed 😊❤

@JenniferBeeston Жыл бұрын

You can do it!!!!😊💗🏡

@nnyra24 Жыл бұрын

I love you!!!! 💕 thank you 🙏

@deangeloharris8234 Жыл бұрын

This video helped me a lot Thank You👏🏽

@berniecole5757 Жыл бұрын

Love your channel...good info!!! And you have an 18 year old kid? you look 20! You go girl

@JenniferBeeston Жыл бұрын

Thank you Bernie!

@leonardorodriguez3458 Жыл бұрын

Nobody is talking about the most important thing mentioned "VISUALIZATION". Great Video!.

@JenniferBeeston Жыл бұрын

yes visualization is key as well. 100% doing a video on that

@RetrieverTrainingAlone Жыл бұрын

Excellent! 5:00 document income, 8:20 assets and down payment, 10:50 mental prepare, 13:35 rental lease consideration. Instead of scrambling later on, find a good real estate attorney and a good home inspector that you will use once you find that dream home.

@JenniferBeeston Жыл бұрын

Thank you for breaking it down MIssy!

@dg5175 Жыл бұрын

This is super helpful.

@JenniferBeeston Жыл бұрын

Thank you!

@grissomfire Жыл бұрын

I'm going to forward this to my son. He is looking and his realtor is living in the past where they don't have to do any work. He needs a new one.

@JenniferBeeston Жыл бұрын

Thanks Greg! Hope you are well!

@TheChynna123 Жыл бұрын

Love this video 🎉

@JenniferBeeston Жыл бұрын

Thanks for watching!😊

@GoddessDestinova Жыл бұрын

I thought I was going to watch this video and feel discouraged but determined. It turns out, I’m in better shape than I thought. Now I finally feel like I can plan.

@JenniferBeeston Жыл бұрын

You got this!:) Let me know if you need help 707-478-0637

@mortgagewithclare Жыл бұрын

Great video🤩

@JenniferBeeston Жыл бұрын

Thank you 🤗

@keithforbes86 Жыл бұрын

Thank you alot 🎉💯❤️

@EtherBunny-z7k Жыл бұрын

Random question: does renewing/updating a pre-approval require another hard inquiry/credit hit or is it as simple as sending in updated documents? The way the market is I’m not expecting to find something in the first couple of months of looking and will likely have to do this at least a few times.

@Austin-jm4gr Жыл бұрын

You typically have 21 days to have multiple lenders run or re run your credit. After that you will get another hard inquiry. Your best bet is to get your credit score from one lender, and instead of sending all your documents to other lenders just send them your credit score and details about the house and they can give you a ball park estimate. Dont let multiple lenders run your credit if you dont have to

@Austin-jm4gr Жыл бұрын

Any inquiries within that 21 days period get put into 1 inquiry also forgot to mention

@misty0491 Жыл бұрын

Those Non-tradtional credit-credit letters are extremely hard to get aside from rent history. It's a whole lot of phone calls and redirecting. Dealing with people who have no clue what a credit letter is. I had an internet company that only sent invoices of monthly payments, not a ledger of payment history. Then another one didn't seem to want to give me the billing or collections contact information, then gave me an empty promise. Then didn't call me back. If you have no credit, expect frustration. It definitely makes you regret never building your credit, being a stay at home mom for six years and not making payments on anything, it definitely hurts. I'm in the process of finding those credit letters.

@Comeherekitten Жыл бұрын

That credit rabbit hole freaks me out, and I'm not buying until 2023 spring summer

@michaeljonesdougherty.209 8 ай бұрын

We have been so scared to apply For a morage.about 7 yrs ago mortgage company burned my husband and I we had everything together even our home with buyers they pulled our credit over over again we had a brand new built home they blew us out of the water knocked my credit from 720 to under 500😢 so i turn green 🤢 thinking about it. Then the mortgage company closes up.

@JenniferBeeston 8 ай бұрын

Wow that is truly terrible, I am so sorry to hear that happened to you. We are here when you are ready to start planning again and happy to answer all your questions and help you plan before you do an application calendly.com/jennifer-beeston/preapproval-q-a This is always free and designed so that you do not need to be afraid. It's like dipping a toe in the water

@SCraig-Handsome Жыл бұрын

This is really good advice… I’m not a 1st time home buyer but it’s very clear and concise. Very relevant!

@bkelley1979 Жыл бұрын

Awesome Content!!!🎉👏👏👏💪😎🇺🇲👏👏👏🎉

@JenniferBeeston Жыл бұрын

Thank you!

@myson04 Жыл бұрын

Omg, the rabbit whole is exactly how I feel!

@JenniferBeeston Жыл бұрын

Yes I fall down them all the time when researching so I 100% get that

@johndsmith-gv8zh Жыл бұрын

Great information and video

@JenniferBeeston Жыл бұрын

Thank you!

@charliemay9221 Жыл бұрын

I am a college student, recently engaged. I have been working full time since January 2022 and at least part time since June 21. My fiancé is a Nurse and has been working full time since June 2022 and part time since January 2021. We are looking to possibly by our first house together. We both have good credit (above 700) . Is this possible to get a house in 2023.

@parkerbohnn Жыл бұрын

I live in Canada and homes where I live are 5 million apiece.

@rqvillanueva74 Жыл бұрын

I’m a home owner myself and I’m helping my parents to be buy a house ….they are ready I’d like to talk to your team and see if they are ready

@JenniferBeeston Жыл бұрын

We are here for you 707-478-0637

@justinhodges9127 Жыл бұрын

Is a 610 a bad credit score for getting a home loan?

@JenniferBeeston Жыл бұрын

It’s too low for a conventional mortgage so you will need to look at FHA unless you are a veteran. If you are a veteran VA is a great option.

@AlliNW0nderland. Жыл бұрын

I’m glad to know you do discuss the mortgage difference. I’m wanting to stay under $2500 a month. Is that possible in this current market?

@JenniferBeeston Жыл бұрын

Depends on where you are looking and what downpayment you have etc…

@AlliNW0nderland. Жыл бұрын

@@JenniferBeeston Ok great, I set up a consultation call with your team so I’ll discuss my options. Thank you!

@revolutionaryafrican8340 Жыл бұрын

How is this gon work 😂😂 9:52💀 I’m at this point in life

@JenniferBeeston Жыл бұрын

lol find that money:)!

@nanaadusei450 Жыл бұрын

Hi… I’m an hourly worker . I work over 40 hours a week. Have had this same hours for over 6 years at my job. Will my overtime hours count as income or u only base on 40 hours ?

@danka2000 Жыл бұрын

I want to buy next year. You mentioned about how credit is. Today I got email from one of my credit cards capital one increasing my limit to now over 6k. Now have two credit cards over 5K limits. Underwriter would like to see that. Of course balances will be kept low. Hope at time I apply for the pre approval I’ll have higher fico scores that are used for mortgages.

@gennlyles Жыл бұрын

You will be fine. As long as it's not a new line just a limit increased.

@danka2000 Жыл бұрын

@@gennlyles Was just a limit increase, account has been open now 4 years this month. Likely was a soft pull. Capital One used FICO Bankcard Score 8 to make approval decisions for their credit cards

@letslearnmore24 Ай бұрын

Can I apply for a mortgage loan without my husband name on it? He has a credit report drama. Although he’s a veteran. We are contemplating if it is only my name on it. Thanks for this informative video.❤

@ericaroberson2975 Жыл бұрын

Hi can you please provide the contact information to the credit guy you recommend in your video?

@syckindahead 11 ай бұрын

8:32 VA loan part

@mslikenootha Жыл бұрын

I’m self-employed was waiting on info for that…

@JenniferBeeston Жыл бұрын

I have a few videos on being self employed

@mariogomez166 Жыл бұрын

I no credit but I opened 2 secured cards 2 months ago but want to buy next year or in 6 months ...

@keemjames6789 Жыл бұрын

I'm trying to purchase my first home for my family im the Calhoun ga area and it's been a Lil hard I gotten pre approved last year but wasn't for what I wanted was looking for a 4 bedroom and what they was giving me wasn't gonna help my credit score is better and I have a Lil more to put down and I'm self employed been self employed for 3 years.

@FishFind3000 Жыл бұрын

When you pull credit does it matter which credit bureau you use or do you just take the average of them? For my own credit I have 180 point difference between the top and bottom of the 3.

@JenniferBeeston Жыл бұрын

We use middle score. Pull experian, equifax and transunion.

@seanebblvd Жыл бұрын

180 point swing? 1 bureau is reporting something the other 2 are not. That is typical cause of such a difference

@kaykay7640 7 ай бұрын

God may not come wen u want him to but he's always on time

@benmerold8830 Жыл бұрын

I’ve read that the FHFA has approved both the FICO 10T and VantageScore 4.0 scoring models. How will this affect home buyers?

@JenniferBeeston Жыл бұрын

It has not rolled out to us yet

@brown_beauty7499 Жыл бұрын

How easy is it for you guys to get the seller to pay for closing costs on a new home or used home if it's a VA loan?

@JenniferBeeston Жыл бұрын

Depends on part of country but overall I would say 80% of our clients get seller to pay their closing costs

@kimberlyguillen7324 Жыл бұрын

Don't need too many credit cards though.

@jamaicanblackqueen8897 Жыл бұрын

I have one CC, planning to open one at a credit union and chase. Also is it true if you get down payment assistance, the interest rate would be higher than using your own money? My old lender told me that.

@JenniferBeeston Жыл бұрын

It many cases it is. I actually filmed a shirt on this for next week.

@jamaicanblackqueen8897 Жыл бұрын

@@JenniferBeeston Awesome, thanks 😊

@troysaunders8078 Жыл бұрын

Question. If you add someone to the mortgage that can be a family member or wife, does that person have to be working 2Y+?

@JenniferBeeston Жыл бұрын

They don’t need a job if your income works for the mortgage

@BronzeGirl 7 ай бұрын

I need to give 60 day notice for lease. Pre approved but house hunting Should I not renew wil I have time to find a home 2nd week searching and need to give notice in a week

@JenniferBeeston 7 ай бұрын

Can you go month to month?

@BronzeGirl 7 ай бұрын

@@JenniferBeeston I have to look into that. Thanks

@Mahbubalam-ll9eg Жыл бұрын

Thanks 😊

@kizziekente2468 Жыл бұрын

USDA

@SJ-qq6xu Жыл бұрын

I own a condo . No mortgage . I have a toddler . I want a yard . I can afford a mortgage . Should I settle for living where I live or buy a home

@migmanzana1 Жыл бұрын

Very likely homes would be even cheaper in 2024.

@The357Mason Жыл бұрын

I’m a 100% P&T veteran in Jacksonville Florida with a credit score of 810…I’m looking for a realtor now, but I’m curious as to how you can get everything done being your out of state?

@JenniferBeeston Жыл бұрын

Our tech is magic. We do everything online and over the phone. I am the lender so I don’t need to be local as the realtor shows you the houses. Call me tomorrow 707-478-0637 and we can discuss

@jenjen5184 Жыл бұрын

Are you familiar with the hometown hero program?

@Victoriahull Жыл бұрын

I won't need a loan I have good credit score but was better before they changed things. 😮

@jcberb Жыл бұрын

Just had a seller reject my offer because I had a VA loan. I offered asking price and put 3% earnest money, he did not want to entertain it plus wanted over 150k earnest deposit; sitting on the market for over 30 days and I am his first offer. Really confusing, figured if I would offer list price there would not be a problem, guess I was wrong. Now I have to be selective about which loan I use, went with VA because it had the lowest interest rate.

@JenniferBeeston Жыл бұрын

This isn’t about it being a VA loan. This is about a crazy seller 150k in emd makes no sense unless you are buying a 2+ million dollar home. There is a reason that house has been on the market for 30 days and it is not because of your VA loan

@MagMan4x4 Жыл бұрын

Ken is legit!

@besthomesdfw5391 Жыл бұрын

Hi Jen, what's the maximum origination pts for the VA? If a lender made me sign to lock in rates, but found out later that I'm not happy with other terms, can I switch to another lender?

@JenniferBeeston Жыл бұрын

Call me after 11 pacific and let’s go over what you are locked into. 99% of the time you can switch lenders only time you cannot would be if it’s the builders lender AND your purchase contract says you have to notify them and only have ability to switch 60-99 days before close. All other circumstances you can switch lenders 707-478-0637

@supafly95ify Жыл бұрын

Very helpful

@JenniferBeeston Жыл бұрын

Glad it helped! Thanks for watching! (:

@hermionegranger5868 Жыл бұрын

Is it better to buy homes around Dec time or May time?

@JenniferBeeston Жыл бұрын

There will be more listings in May and more competition. December is when I see deals as investors want houses off their books by year end and only real sellers list during the holidays

@ethandowie3907 Жыл бұрын

Does running your own business hurt you even if you have a consistent salary?

@JenniferBeeston Жыл бұрын

As long as you are not writing off all your income being self Employed is not an issue i

@ethandowie3907 Жыл бұрын

@@JenniferBeeston Great! Thanks Jennifer. Really enjoying educating myself through your videos

@christopherodynski7944 Жыл бұрын

For the pay and asking about the hourly rate or what not. What if you get paid by miles and the miles very

@jeramiajones2481 Жыл бұрын

How do I get in contact with your company

@JenniferBeeston Жыл бұрын

Hi! You can call me 707-478-0637 or schedule a mortgage consultation with me here: calendly.com/jennifer-beeston (:

@marisamarino7596 Жыл бұрын

I was looking a new construction recently. How does that work with the VA loan?

@LoveLife-gv8jg Жыл бұрын

I've been in biz 3 yrs with steady increase of income (110k-120k) but low net first two years because I didn't expect to sell my home in 2022 but I couldn't refuse the great offer! So I'm working with two years of low net (because of deductions) This year I'm at 150k gross but havent filed yet. Credit score 720....I was told if I can show a net of 70k I would be approved for up to 220k. Does that sound right? I don't want a home over 200k because it's just my son and I, I'm almost 50 and he is 16 so I don't need a big house but I do want land around my home. I have 50k for down payment but I don't want to use it all. Im surprised you didnt discuss interest rates..its crazy🤢

@cherylbrown4828 Жыл бұрын

Construction loan process

@JdogPH01 Жыл бұрын

2 years ago I had a few things to go collection and I kind of gave up during covid. Over the past year and a half I’ve opened several (3-4 credit cards and been perfect on my stuff). My question is should I pay off these old collections or keep saving for down payment? I’m a 100% disabled veteran for over 13 years. I have full VA Loan Benefits Left, but lower credit score still unfortunately. 540-550 credit karma scores. Should I just pay off collections $11,000 total in collections. I would love some advice ❤

@larrycastro4739 Жыл бұрын

What is the average monthly cost for a house cost $550 thousand dollars or below?

@JenniferBeeston Жыл бұрын

Depends on state, county, downpayment

@larrycastro4739 Жыл бұрын

@@JenniferBeeston CA

@andrewjarvis7777 Жыл бұрын

@@larrycastro4739 are there even houses in CA below 550k?

@ezellabarner49 Жыл бұрын

Question for ya do u work with people on social security

@JenniferBeeston Жыл бұрын

Yes everyday. 707-478-0637

@kyojuttner8300 Жыл бұрын

Do you need to get any disputes that are ongoing take it off your credit report to get approved

@JenniferBeeston Жыл бұрын

Not for most loans but depends on loan type, how many disputes etc...

@cjsanders111 Жыл бұрын

Seems impossible. Offered 20k over asking, still got denies, 16 other offers. X 2 so far.

@JenniferBeeston Жыл бұрын

Where are you trying to buy and what price point? And is this from this year or like 2021?

@cjsanders111 Жыл бұрын

@JenniferBeeston from this month, in wisconsin. I'm actually already using you for the loan. Looked at maybe 10 plus houses so far and put in 2 offers, and both got denied. The first house had 12 offers, and I put 8k over asking, 2nd house had 16 offers, and I put 20k over asking.

@wrenshoe3782 Жыл бұрын

My credit is over 800 but the thing is I have never used it but it’s just what the finder app says - I dnno if I’m on their account or something

@JenniferBeeston Жыл бұрын

What is the finder app?

@wrenshoe3782 Жыл бұрын

@@JenniferBeeston some uh random tv advert said it would show you your credit score I put in my drivers licence and it popped up with that I’d rather not have to get a credit card it seems like an added and unnecessary risk D:

@georgebanks8804 Жыл бұрын

I hear 👂 Interest - Rates Are 7% ?

@JenniferBeeston Жыл бұрын

Depends on loan type and credit score but yes 7 is not shocking anymore

@nguyenpham7965 Жыл бұрын

So how do your company calculate DTI for Tax exclude income (due to Bona fide Residence or Physical presence test)? Do you gross up 125% for that type of income for VA loan?

@JenniferBeeston Жыл бұрын

If the income is non taxable we gross up to 125%. Not sure what you mean by due to bona fide residence or physical presence test

@nguyenpham7965 Жыл бұрын

@@JenniferBeeston So for w-2 income, we only pay FICA tax, not federal tax, does that 125% gross up still apply?

@agustingomez5594 Жыл бұрын

I’m a self employed 1099 contractor. Is there any hope for small business owner’s tu buy a home . Help

@JenniferBeeston Жыл бұрын

Yes as long as you show income on your taxes and have 2 years of being self employed we are good;)

@agnbmotorsportsallgasnobra9470 Жыл бұрын

Hi Jennifer, Im debating Filing a BK again. Last time i filed was 2012 and it was finalized in march 2013.Just asking because i have so many lates that are hurting my score and i have one collection and a repo, Do you think its a good idea to file so i can be ready in 1.5 to 2 years? or should i just leave my credit alone, keep paying my bills on time and keep my DTI low? Im also a veteran on benefits and hoping to get me a job soon.

@JenniferBeeston Жыл бұрын

I would chat with a BK lawyer and a credit expert. For credit call Ken Strey at scorewell 925-478-5213 let him know you are a veteran and I said to call you and see what he says.

@agnbmotorsportsallgasnobra9470 Жыл бұрын

@@JenniferBeeston Thank you Jennifer, will do

@shabatshalom693 Жыл бұрын

Just i want aske you ,i used 2 credit card before and now i only used 1 the other one i just keep it ,when i checked my score its 825 in transunion, so is there any effect now i want buy house thanks.

@JenniferBeeston Жыл бұрын

Should be fine:)