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Monthly Archive for February, 2009

Funding Your Down Payment with a Gift

Published by Gina Pogol on February 04, 2009 in New Home Loan . 2 Comments

Some of you lucky folks have people wanting to give you money to help you out with your down payment. But how does the lender feel about that? It depends. First, gifts can't be from just anyone. Sellers, real estate agents, or anyone else who benefits from the sale can't "give" you down payment money. Most ...

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Old Debt? Don't let Your Past Haunt You

Published by Gina Pogol on February 02, 2009 in Mortgage Refinance . 6 Comments

Sometimes you plan to buy or refinance a home and boo! Skeletons pop out of every closet and ghosts come out from under every bed! Huh? Your credit is perfect! ....cue scary music....EEEEEEEEEEE!!! It's the Night of the Living Debt! So now you have all these lawyers crawling over you and collection agencies threatening to derail ...

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About Mortgage Credit Problems

Specializing in Bad Credit Mortgages… Because Life Doesn’t Always Turn Out Like You Planned. A sick child, a few late bills, or an unexpected expense can easily get you off track and your credit may suffer, but we don't think you should miss out on the opportunities available to everyone else.

Gina Pogol

Gina Pogol

About the Author:

Gina Pogol writes for an online media company about mortgage and finance. In addition to a decade in mortgage lending, she formerly consulted for Experian and other credit bureaus, and worked as a tax accountant for Deloitte. She has a BS in Financial Management from the University of Nevada.

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Recent Comments

  • Gina Pogol: Yes there is. Check any updates you get in the mail from your card issuer, and look for changes like new fee policies....
  • Gina Pogol: Ye, we heard the phrase "skin in the game" more times than we could count (although one journalist made a valiant...
  • Gina Pogol: FHA allows you to qualify for a mortgage 2 years after a bankruptcy discharge. Keep in mind though that you must...
  • Gina Pogol: Rachel, it's not that hard and fast--paying the smaller ones and letting the larger ones go--for example, always pay...
  • Gina Pogol: Alan, thanks for the question. When referring to the $7,500, we are talking about Federal income tax, not property tax....