Apartments for Low Income

Questions and Answers

Your Questions About Hud Apartments Rent

June 27, 2012

Steven asks…

LEGAL HELP!!!! garnishment going to throw me out in the streets!?

i live in minnesota, i have 1 child, i live in a HUD houseing project. i make 30,000 per year. i have a letter from HR at my work stating that i will be garnished 240$ net from each of my paychecks. i cannot live without that money!! i lived in an apartment that i needed to leave early. my boyfried whom made the majority of the money,, got in a car accident and was unable to work and we left. i had a 3,500 break the lease fee. i could not afford that working part time and being 20 years old. now there has to be some rights that i have, they cant just take everything and throw me on the streets, i make 1,000 dollars more a year for legal aid. i dont know where to turn, my rent is only 523 per month the lowest you can find in my area. i go to school and work full time, i am an upstanding citizen who needs help, i dont spend my money foolishly at all! i need HELP!! or i seriously will be on the streets, afterday care and garnishment alone, i will have 200$ LEFT to pay for rent etc

Administrator answers:

Try to contact the court that issued the garnishment to see if they can reduce the amount per pay check. You may have to provide them with documentation of your bills to show that you are being truthful with them about your finances.

Lizzie asks…

Is now a good time for me to apply for a mortgage?

I am planning on applying for an FHA or HUD mortgage loan. I have poor credit, though no delinquent accounts, just a lot of inquiries and high percentage of overall credit. I am twenty one, I make $12.40 an hour and will be applying with my boyfriend who makes $8.30 an hour. We have had an apartment for one year on January 27th. Should I apply now, or wait until I have had my rent for one year? Does it matter?
Due to certain circumstances, we can not get married now, or anytime in the near future. Please, no one comment on this, as this is not what my question is about.

I will add though, what sort of difference does it make to a lender if the couple is married or not? Thank you.

Administrator answers:

As a Real Estate Agent I can honestly say applying for a mortgage anytime in the next 4 years is going to be tough……….but just do it! Get it over with. Better chances with HUD.

Ken asks…

When should I apply for a mortgage?

I am planning on applying for an FHA or HUD mortgage loan. I have poor credit, though no delinquent accounts, just a lot of inquiries and high percentage of overall credit. I am twenty one, I make $12.40 an hour and will be applying with my boyfriend who makes $8.30 an hour. We have had an apartment for one year on January 27th. Should I apply now, or wait until I have had my rent for one year? Does it matter?

Due to certain circumstances, we can not get married now, or anytime in the near future. Please, no one comment on this, as this is not what my question is about. I will add though, what sort of difference does it make to a lender if the couple is married or not? Thank you.

Administrator answers:

FHA is a less credit score sensitive loan program but even HUD has its standards. Typically you should have decent credit if you make your payments on time even if in debt up to your eyeballs. One definite requirement to be qualified for an FHA loan is that you go 12 consecutive months with NO late payments. If your last late payment was back in October of 2011, you shouldn’t apply until September of 2012.

That being said, getting approved for a loan is all about being proactive. Go ahead and sit down with a local loan officer and find out exactly what will be required of you to qualify. It may take several months to complete, but you will see a light at the end of the tunnel.

You do not have to be married to get a loan together. But the problem is what happens to the property if there comes a time when you no longer want to live with one another, or one person suddenly decides they don’t want to pay their share of the mortgage. I hope this never happens to you. Good Luck!

Carol asks…

What rights does tenants have at the end of thier lease if they want to renew it?

I’m having a problem with the tenant downstairs (I live in the upstairs Apartment). My Lease is up next month and the landlord keeps telling me not to worry, He will renew my lease. The downstairs tenant does what ever she wants, Loud Music, Parties all night, even has strange visitors all hours of the night, (possible drugs are involved). Just recently I was up at 6am getting my son up for his day for a tournament, when she went to her basement and turned my circuit breakers OFF. (I’ve notified the Police, and they got involved). She tells the Landlord that I’m the one that starts everything which isn’t true. She has Illegal tenants staying with her and on numerous occasions I’ve caught them smoking Crack & Pot outside the dwelling. I know that the option of moving is there, but if I do it would disrupt my son last year in High School. Can someone tell me the Legal aspects of this and how I could go about doing this? I live in NJ. I pay my rent on time every month and in Cash. She is on assistance and on food stamps, Welfare, and HUD. Should I contact an attorney?

Administrator answers:

Wow. I was in this EXACT same situation. Crazy crackhead lived below me and gave me grief constantly. Had police involved a number of times. Even had a mediation meeting with the apt manager. In the end, I ended up moving to a single level apt in the same complex. You should do somewhat of the same, and heres why:
You are already on bad terms with this woman so you may be able to renew your lease, but the problem with her will continue. Trust me, that is no way to live. Issue after issue will continue to come up with a woman like this and the stress of it is simply not worth the principal of it. You can call the police or the state housing authority to report her doing things but unless you have proof, its a lot of she said/she said.
Im honestly trying to save you some time and grief here. You may win against this woman in the long run, but your misery in the mean time will be a high price to pay.

Susan asks…

Should I apply for a mortgage in this situation?

I am planning on applying for an FHA or HUD mortgage loan. I have poor credit, though no delinquent accounts, just a lot of inquiries and high percentage of overall credit. I am twenty one, I make $12.40 an hour and will be applying with my boyfriend who makes $8.30 an hour. We have had an apartment for one year on January 27th. Should I apply now, or wait until I have had my rent for one year? Does it matter?

Due to certain circumstances, we can not get married now, or anytime in the near future. Please, no one comment on this, as this is not what my question is about. I will add though, what sort of difference does it make to a lender if the couple is married or not? Thank you.

Administrator answers:

FHA does not require you to be married. You will need a credit score above 680; possibly 720. You don’t make enuf to qualify for much. Buy a small house.

YOu don’t need to rent for 12 months to get a loan. YOu don’t need to wait for that.

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