NLIC.org

Ralph Said:

What Laws and regs are manufactured home mortgage lenders subject to in Oregon?

We Answered:

manufactured home, meaning trailer? Landlord, meaning trailer park owner?

Go to http://www.ftc.gov, and look up the consumer credit information. You'll find the Fair Debt Collections Practice Act, which will tell you what can and cannot be done. If you see a violation, document it, and file a complaint with whatever state regulatory agency (usually Commerce) handles collection agencies in your state.

Allison Said:

Question about home mortgage when house prices fall?

We Answered:

No. As long as you keep payments current they can't "call the loan."

Rodney Said:

Mortgage / Home lenders that ignore things such as hospital bills?

We Answered:

I've never seen a mortgage lender that ignores debt - medical or otherwise. I doubt that this "lending agency" tells the truth.

Barbara Said:

Do home mortgage lenders take into account annuity payments?

We Answered:

You can use your annuity payments to qualify. All you need is to prove that the payments will go on for at least 5 more years-you should be fine with that part. If you have had your part time job for 2 years that should be fine and yes you can use your fiance's income if she has good credit and has been on her job for at least 2 years. FHA is the most forgiving when it comes to employment