Posts Tagged ‘sibling’

Sample letter of explanation for FHA LOAN?

Saturday, October 3rd, 2009

I was just told that I will need a letter to send to underwriter to clarify that I will commute back and forth from work and home which 90 minutes away… I really want to make this as detailed as possible… let me give some facts..

1. Engaged.. Fiance lives in city where home is and we will live together. He can not be on loan but will be on deed.
2. We are having a baby in Jan.
3. Can not find a secure position in city where home is.

Can anyone help me with a letter or what additional Information I will need to provided? This is my first home and I am really nervous.
This is going to be our primary residence. I am not going to lie to anyone. While I am out on Maternity leave I plot to continue my search for a new job closer to home.
I have no family where I am currently living. I went to college here. Now that I am engaged to someone who lives in a city 90 mins away and was born and raised here with all of his family to me it only make sense. I have no attachment where I live now and always wanted to go here. Also my Fiance makes way more money than I do but due to credit issues can not be on the loan…. I don’t know why the underwriter would not know…

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Posted in FHA Loan Information | 1 Comment »

What is the best interest rate right now for an FHA loan? I have excellent credit?

Thursday, June 25th, 2009

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