Resolved Question: Anyone know anything about HUD Rehabilitation 203(k) loans?

I know nothing about mortgage...and how all of that works.

Would the entire mortgage have to be under one person's name officially? Or can you combine the credit of all 5 individuals to get the loan for the required amount?

What would need to be done to get all 5 guys into the house? ahhh so we could RENT a 5 bedroom house? Is this realistic? How can I look into doing this? I never thought about RENTING a house....but we want to stay away from apartments for sure.

Open Question: Can a parent assume my student loan?

I am looking to apply for a mortgage next year, and my current student loan payment is about $250, which may negatively impact the amount of loan I am eligible for. My parents make the payments on the loan anyway, can they assume the loan entirely so it is not part of my credit report?

Open Question: what is a subprime mortgage?

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Open Question: Reverse Mortgage In Texas?

I reseraching this for my Mother who is divorced 71 retired and will be needing some help to suplement her mmedicare
Value 150,000
balance 92,000
Lives in Georgetown texas, the house looks as though it may need a new roof - any ideas so that i may help/guide her?
How should I start I prefer to deal with someone local.