bowensnicole asked:


I noticed that rent in my area is more than my mortgage and I want to stay in the house but the loan isn’t in my name but I am on the deed. I have four kids and wondered if he didn’t want me to stay in it would the judge allow it.

Herman

jaysinrd asked:


I am buying a home and its with an FHA loan. The monthly payments will be easy for me to pay but I think I can rent it out for way more then the mortgage payments. So I am thinking about renting it but under FHA loans its supposed to be owner occupied. Do they come and check up on you, will they ever even know or find out? What really can they do if I am making all the monthly payments?

Catherine

Katy asked:


I heard that if you rent out rooms, you can qualify for a larger mortgage. I would like to purchase a 3 bedroom townhome for 199,900, but I only make $57,000 a year, which I don’t think is enough to qualify ( I haven’t talked to a mortgage place yet). If I rent out two of the rooms, do I qualify for more?

Thank you.

Charlie