need to refinance…?
k here’s the deal. my hubby is military and prior to us getting married i bought a house. now a year later, we’re overseas and since i didn’t want to sell the house, we’re forced to rent it thru property mgmt. basically the bank has said that we must refinance because its an FHA loan where it has to be owner occupied. but the problem is that they no longer can use my credit scores on this seeing as how i’m not working. so we looked at hubby’s and the really fantastic score that he has was only reported to one of the 3 agencies. my question is how long will it take to get his credit up to par, and in the meantime how worried should i be about the mortgage company finding out about what we’re doing in renting it out? there is no military clause. if they do find out, how much time do they generally give you to get things settled up? i really want to do this legit and not commit fraud or anything but the banks weren’t giving me any options at all. any suggestions?
thanks i just went over the lease and itz confusing, stating at one point that u have to live there for at least a year; then later it says ur not allowed to rent it at all. then i went to see about the SCRA and it says plenty about getting out of leases but i can’t see anything about mortgages… guess i’ll prob have to find a lawyer to talk to as i still don’t really have answers….
itz thru South Dakota Housing if that makes any difference…
Related Articles
- Prudential: Banks' Commercial Real Estate Strategy Is "Extend And …
- Changing Banks In Europe Just Got Simpler | The Gov Monitor
- The Fed Questions Banks To Read Its Mind – 24/7 Wall St.
- States Are Pondering Fraud Suits Against Banks – DealBook Blog …
- John Redwood MP » Stop being so nice to overstretched banks
- Your Credit Score and What You Can Do About It | AutoRoll – Business
- Affinity Plus On The Money Less Than Perfect Credit Oct 2008 | Jay …
- How Does Refinancing Your Mortgage Affect Your Credit Score …
- Credit scoring benefits insurers and consumers, expert says …
- How Much Terrible Credit Does It Take To Affect My Credit Scores …
- Let FHA loans Help you Buy a Miami Home, ((97% down to 530 FICO …
- Should I Refinance My Interest Only Mortgage Loan? | FHA Mortgage Blog
- On Your Adjustable Rate Mortgage, How Much Have Your Payments Gone …
- George Sinacori: Higher Mortgage Loan Limits
- The Home Loan Debate: Is FHA Right For You? – Unconditional Offer
- Fausta's Blog » Blog Archive » Voter fraud in New Jersey
- $8000.00 Home Buyer Credit: Rife With Fraud » Blogs For Victory
- A Fraud Wrapped in a Deception
- States Are Pondering Fraud Suits Against Banks – DealBook Blog …
- The BRAD BLOG : John Fund Running Out of Fresh 'Voter Fraud' Lies
- Two Small Monkeys Plus Hubby: Post It Note Tuesday: STICK EM UP!
- Saudi Youngster Bride Turned Dorsum Over to 80-Year-Ancient Hubby …
- Life Makes Me Laugh . . .: Saint Gemini the Devout
- [[*.Ma.LiFe.As.PrInCeSs.BeLoVeD.iN.gOd.&.hUbBy.*]]
- AminoGenesis DermaScyne² Intense Daily Serum Giveaway : Mom Knows …
- Conman who posed as lawyer jailed
- Lawyer issues pension warning | Business Cornwall
- DUI Defense Lawyer Las Vegas – Exclusive, Aggressive Las Vegas …
- Lawyers in Discovery Scandal Say Qualcomm Lied | Expert Lawyer
- visibility911.com » Blog Archive » Lawyer: CIA Kept Detainees …
- China Venture CapitalVenture Leasing – A Smarter Way To Build …
- 650 acre deer lease @ LeaseHunter.com
- Ontario RCI: real estate listings | income property agents Windsor …
- 20000sqms @ Moore road @ Ancient Ikoyi for joint venture Developmental …
- UTS sells oilsands leases for $250M | MINING.com News
- Legit or Scam?: elixirinfoseek.com scam or legit?
- Artists Album .Com » Baidu to steer users to legit music source – CCTV
- MC Hammer – Wack Internet Celeb Or Too Legit To Quit?
- MC Hammer – Wack Internet Celeb Or Too Legit To Quit …
- Chinese site to steer users to legit music source | Music Review …
- Right Tales of Mortgage Company Excess | Website Profit | Make …
- Right Tales of Mortgage Company Victims
- MONEY ALLOWED » Terrible Credit Mortgage Companies Related Tip
- Tops Tips For Choosing A Mortgage | banking.c2az.co.uk
- Houston Mortgage Companies | Texas Home Equity
- Low Interest Rate Mortgages Do They Exist : Social Jury
- Top-end mortgages are strictly for VIPs
- Europa Mortgages Worldwide: Spanish Mortgages – Toxic Assets
- Malaysia Property News: Report: Mortgages first hit if lending …
- Tops Tips For Choosing A Mortgage
- Arsenal vs AZ Alkmaar Preview & Live Score: Champions League 2009-10
- ACR70-disease activity score remission achievement from switches …
- pinkandbubbly haven » Blog Archive » How to raise my Credit Score
- [NFL] Saints Escape With A 35-27 Final Score Over The Falcons …
- The Score | 2001 | 720p | BluRay | DTS x264-RuDE | RAR Warez
- Here is Part of My life: Kembalinya si anak hilang
- Proud Liberal Army Wife: MSRRA – it passed! IT PASSED!!!
- » PMET 2010 MBBS Exam | Punjab Medical Entrance Test MBBS Entrance …
- fajarparadise Blog: Allah bersama orang2 pemberani..
- wellcome to my accommodations -
- Plot for coal-fired plant shelved after 4 utilities drop out …
- Wasson for South Dakota U.S. House 2010: Made in China
- Asthma Specialists in South Dakota – OrganizedWisdom Health
- QUALITY ASSURANCE SUPERVISOR – The Judge Group – South Dakota …
- Family Practice-Without OB – Physician – Merritt Hawkins – South …
Related FHA Home Refinance Posts
Tags: banks, commercial real estate, consumers, credit score, credit scores, estate strategy, europe, fha loan, fraud, fraud suits, hubby, john redwood, lawyer, leases, legit, mortgage company, mortgages, mp, Refinance with FHA, refinancing your mortgage, score, scra, south dakotaTags: banks, commercial real estate, consumers, credit score, credit scores, estate strategy, europe, fha loan, fraud, fraud suits, hubby, john redwood, lawyer, leases, legit, mortgage company, mortgages, mp, refinancing your mortgage, score, scra, south dakota
The bank may be in violation of the Serviceman’s Civil Relief Act. You are overseas not by your choice. No military clause needed. When you married your husband, you are now included in the Act. Contact your Judge Advocate General (JAG) office for help.
The below site states that you must be owner occupied for 1 year. After that, no requirement. Written by a Florida title company.
Make the lender PROVE to you beyond all doubt that they are right. Make then cite the rule or law. Their "policy" does not override the FHA. I assure you, they are NOT right on this one. The reason I state this: Owner occupied for how long? How long is the home supposed to be owner occupied? 1 year, 5 years 30 years? It’s not realistic.