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Chrissy25

bank loans

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Filed: Country: United Kingdom
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well tody hubby and i have a bank appointment to see if we can get a loan for a house we have seen. I'm nervous as before hubby met me he made some bad financial choices and now as a result dosent have the greatest credit, my credit is better but i am still building it up...i'm so nervous...any input would be great as to the chances of us getting a loan with less than great credit :crying:


Chrissy UK (Yorkshire) John USA (Minnesota)

20/July/05 Married in Las Vegas!!

AOS approved April 12th 2006!!

4/01/08 mailed I-751 to Nebraska

4/3/08 package arrives at Nebraska

4/11/08 check cashed

4/14/08 recieved NOA extension letter

4/26/08 recieved biometrics appointment letter plus it looks like our case has been forwarded to California!

5/02/08 Biometrics scheduled

5/02/08 Biometrics completed in 10 mins!

Woo Hoo....8/28/08 Recieved 10yr Greencard in mail, no approved email!! We are done!!!

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Filed: Citizen (pnd) Country: England
Timeline
well tody hubby and i have a bank appointment to see if we can get a loan for a house we have seen. I'm nervous as before hubby met me he made some bad financial choices and now as a result dosent have the greatest credit, my credit is better but i am still building it up...i'm so nervous...any input would be great as to the chances of us getting a loan with less than great credit :crying:

If the bad credit occurred in the UK it is extremely unlikely that it will be found out by the US bank.

If you have little or no US credit, then having a larger downpayment is the most helpful thing to have. The more you can put down, the more personal equity you have in the house and are therefore less likely to default on the loan.

Banks are much more cautious in lending these days since the subprime mortgage fiasco which has resulted in numerous foreclosures.

Good luck!

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prior to the mortage crisis, i ahd clients making mimium wage buying a better house than i own...now, $$ has tighten up..good lcuk


Peace to All creatures great and small............................................

But when we turn to the Hebrew literature, we do not find such jokes about the donkey. Rather the animal is known for its strength and its loyalty to its master (Genesis 49:14; Numbers 22:30).

Peppi_drinking_beer.jpg

my burro, bosco ..enjoying a beer in almaty

http://www.visajourney.com/forums/index.ph...st&id=10835

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Filed: Country: United Kingdom
Timeline
well tody hubby and i have a bank appointment to see if we can get a loan for a house we have seen. I'm nervous as before hubby met me he made some bad financial choices and now as a result dosent have the greatest credit, my credit is better but i am still building it up...i'm so nervous...any input would be great as to the chances of us getting a loan with less than great credit :crying:

If the bad credit occurred in the UK it is extremely unlikely that it will be found out by the US bank.

If you have little or no US credit, then having a larger downpayment is the most helpful thing to have. The more you can put down, the more personal equity you have in the house and are therefore less likely to default on the loan.

Banks are much more cautious in lending these days since the subprime mortgage fiasco which has resulted in numerous foreclosures.

Good luck!

no the bad credit happened here, its my US hubbys bad credit. My credit has slowly been building up, its not terrible by any means....we got a car loan this time last yr when hubbys credit was even worse, since then we have paid over $6,000 worth of debt off, i just wonder if this will have a bearing at all..... :wacko:


Chrissy UK (Yorkshire) John USA (Minnesota)

20/July/05 Married in Las Vegas!!

AOS approved April 12th 2006!!

4/01/08 mailed I-751 to Nebraska

4/3/08 package arrives at Nebraska

4/11/08 check cashed

4/14/08 recieved NOA extension letter

4/26/08 recieved biometrics appointment letter plus it looks like our case has been forwarded to California!

5/02/08 Biometrics scheduled

5/02/08 Biometrics completed in 10 mins!

Woo Hoo....8/28/08 Recieved 10yr Greencard in mail, no approved email!! We are done!!!

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Based on what you have said and the current mortgage crisis you will probably need at least 10% down. 20% would be ideal..


According to the Internal Revenue Service, the 400 richest American households earned a total of $US138 billion, up from $US105 billion a year earlier. That's an average of $US345 million each, on which they paid a tax rate of just 16.6 per cent.

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Filed: Citizen (pnd) Country: England
Timeline
well tody hubby and i have a bank appointment to see if we can get a loan for a house we have seen. I'm nervous as before hubby met me he made some bad financial choices and now as a result dosent have the greatest credit, my credit is better but i am still building it up...i'm so nervous...any input would be great as to the chances of us getting a loan with less than great credit :crying:

If the bad credit occurred in the UK it is extremely unlikely that it will be found out by the US bank.

If you have little or no US credit, then having a larger downpayment is the most helpful thing to have. The more you can put down, the more personal equity you have in the house and are therefore less likely to default on the loan.

Banks are much more cautious in lending these days since the subprime mortgage fiasco which has resulted in numerous foreclosures.

Good luck!

no the bad credit happened here, its my US hubbys bad credit. My credit has slowly been building up, its not terrible by any means....we got a car loan this time last yr when hubbys credit was even worse, since then we have paid over $6,000 worth of debt off, i just wonder if this will have a bearing at all..... :wacko:

They will look at your credit scores, your debt-to-income ratio and how much your downpayment is. As boo-yah pointed out, given your set of circumstances, they will be looking for at minimum 10% down, but may want even more.

We're house buying now too and what I've told you is exactly what my mortgage rep told me.

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Filed: Country: United Kingdom
Timeline
well tody hubby and i have a bank appointment to see if we can get a loan for a house we have seen. I'm nervous as before hubby met me he made some bad financial choices and now as a result dosent have the greatest credit, my credit is better but i am still building it up...i'm so nervous...any input would be great as to the chances of us getting a loan with less than great credit :crying:

If the bad credit occurred in the UK it is extremely unlikely that it will be found out by the US bank.

If you have little or no US credit, then having a larger downpayment is the most helpful thing to have. The more you can put down, the more personal equity you have in the house and are therefore less likely to default on the loan.

Banks are much more cautious in lending these days since the subprime mortgage fiasco which has resulted in numerous foreclosures.

Good luck!

no the bad credit happened here, its my US hubbys bad credit. My credit has slowly been building up, its not terrible by any means....we got a car loan this time last yr when hubbys credit was even worse, since then we have paid over $6,000 worth of debt off, i just wonder if this will have a bearing at all..... :wacko:

They will look at your credit scores, your debt-to-income ratio and how much your downpayment is. As boo-yah pointed out, given your set of circumstances, they will be looking for at minimum 10% down, but may want even more.

We're house buying now too and what I've told you is exactly what my mortgage rep told me.

thanks so much for you input, at least now i have kind of an idea what to expect...

just out of intrest what numbers would you say class as an average credit score?


Chrissy UK (Yorkshire) John USA (Minnesota)

20/July/05 Married in Las Vegas!!

AOS approved April 12th 2006!!

4/01/08 mailed I-751 to Nebraska

4/3/08 package arrives at Nebraska

4/11/08 check cashed

4/14/08 recieved NOA extension letter

4/26/08 recieved biometrics appointment letter plus it looks like our case has been forwarded to California!

5/02/08 Biometrics scheduled

5/02/08 Biometrics completed in 10 mins!

Woo Hoo....8/28/08 Recieved 10yr Greencard in mail, no approved email!! We are done!!!

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sister chrissy, i assume you and your sposue are 1st time home buyers? cause, you may be able to get a deal from some mortage companies


Peace to All creatures great and small............................................

But when we turn to the Hebrew literature, we do not find such jokes about the donkey. Rather the animal is known for its strength and its loyalty to its master (Genesis 49:14; Numbers 22:30).

Peppi_drinking_beer.jpg

my burro, bosco ..enjoying a beer in almaty

http://www.visajourney.com/forums/index.ph...st&id=10835

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Filed: Country: United Kingdom
Timeline
sister chrissy, i assume you and your sposue are 1st time home buyers? cause, you may be able to get a deal from some mortage companies

as a couple brother Dean, we are first time buying together, hubby previously owned a house but his fellow housemates moved out so he had to sell up.


Chrissy UK (Yorkshire) John USA (Minnesota)

20/July/05 Married in Las Vegas!!

AOS approved April 12th 2006!!

4/01/08 mailed I-751 to Nebraska

4/3/08 package arrives at Nebraska

4/11/08 check cashed

4/14/08 recieved NOA extension letter

4/26/08 recieved biometrics appointment letter plus it looks like our case has been forwarded to California!

5/02/08 Biometrics scheduled

5/02/08 Biometrics completed in 10 mins!

Woo Hoo....8/28/08 Recieved 10yr Greencard in mail, no approved email!! We are done!!!

.png

.png

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Filed: Country: Indonesia
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We are in the process of getting a mortgage ourselves.

We learnt a lot from reading the mortgage forum here. Not affiliated with anyone there, just found that the forum is helpful to see what are our options.

http://creditboards.com/forums/index.php?showforum=9

Edited by tom&tata

I-130

Jun 28 2004 : Received at NSC

Oct 25 2004 : Transferred to CSC

Oct 29 2004 : Received at CSC

Nov 8 2004 : Received response from CSC that my file is being requested & review will be done

Nov 10 2004 : Email & online status Approved

Nov 15 2004 : NOA 2 in mail

Dec 16 2004 : NVC assigns case number

Dec 20 2004 : NVC sent DS 3032 to beneficiary, copy of DS 3032 & I-864 fee bill to petitioner

Jan 3 2005 : Petitioner received copy of DS 3032 and I-864 fee bill. Post-marked Dec 23rd.

Jan 11 2005 : Beneficiary received DS 3032 in Indonesia

Jan 31 2005 : Sent DS 3032 to NVC

Feb 8, 2005 : NVC received DS 3032

Feb 21, 2005 : IV fee generated

Feb 25, 2005 : Sent I-864 fee bill

Feb 28, 2005 : I-864 fee bill delivered to St Louis

Mar 3, 2005 : IV fee bill received

Mar 7, 2005 : Sent IV fee bill

Mar 9, 2005 : IV fee bill delivered to St Louis

Mar 28, 2005 : I-864 fee credited against case.

April 6, 2005 : Received I-864 package

April 7, 2005 : Immigrant Visa fee credited against case.

April 11, 2005 : DS 230 is generated

Aug 12, 2005 : I-864 & DS 230 received by NVC

Sep 14, 2005 : RFE on I-864

Nov 3, 2005 : Checklist response received at NVC

Nov 25, 2005 : Case completion

Dec 9, 2005 : Police Cert requested from the Netherlands

Jan 12 2006 : Interview success - Approved !!

Jan 19 2006 : Visa & brown envelope picked up

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Filed: Citizen (apr) Country: Brazil
Timeline
thanks so much for you input, at least now i have kind of an idea what to expect...

just out of intrest what numbers would you say class as an average credit score?

i'd put it in the ballpark of 5.5 to 6% for a 30 year.


* ~ * Charles * ~ *
 

I carry a gun because a cop is too heavy.

 

USE THE REPORT BUTTON INSTEAD OF MESSAGING A MODERATOR!

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Filed: Citizen (apr) Country: Vietnam
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Know your credit scores before shopping for mortgages by pulling and fixing all the mistakes in your credit histories. When shopping for mortgages, I would recommend do it within a few days so your all the credit pullings only count as one. When that times come, give Bank of America's No Fee Mortgage Plus program a chance. There's no closing cost and even no PMI if you can't come up with 20% down payment. If you can find any other deal better than BoA and choose to close with it, BoA will handily give you $250. As a matter of fact, I just locked in at 5.5% with no closing cost for a 30-year fixed mortgage with BoA earlier this month for my new house closing on April 30th. Good luck!


I-130 Journey

USCIS

2007-07-17 : Marriage

2007-08-14 : I-130 Sent

2007-10-02 : I-130 NOA1

2008-03-06 : I-130 NOA2

NVC

2008-03-18 : NVC Case # Assigned

2008-04-28 : I-864EZ Cleared at NVC

2008-05-19 : NVC Forwarded Case to HCMC

CONSULATE

2008-05-21 : HCMC Received Electronic File

2008-06-05 : Interview Passed!

2008-06-17 : Visa in Hand

US

2008-06-24 : POE - Newark

2008-07-24 : Received Green Card

2008-08-25 : Received SS Card

2010-04-12 : I-751 and Check Sent

2010-04-21 : I-751 NOA Received - 1 Year Extension

2010-08-20 : 10-Year Green Card Arrived

Naturalization

2012-08-27 : File N-400

2012-08-31 : Check Cashed

2012-09-06 : N-400 NOA

2012-09-19 : Biometric Appointment and Fingerprint

2012-10-15 : Receive Naturalization Interview Date

2012-11-19 : Naturalization Interview Completed

2013-01-14 : Oath Letter received

2013-01-16 : Oath Ceremony / Become US Citizen

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