Financing in Milwaukee County : Advice

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shortpropert…, Real Estate Pro in Miami, FL
The large number of available foreclosures and short sales in Milwaukee make it a great time to buy. You can save a significant amount on your monthly housing costs by purchasing a Milwaukee foreclosed… Read more
Blogged Tue Apr 8, 2014 by shortpropertysales.com Home Buying Financing Credit Score
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Mark Nehs, Real Estate Pro in Waukesha, WI
Mark Nehs answered:
Can my partial (supplement) unemployment benefits be used for FHA loan? (I remained employed entire time)
Agree with Dan, get together with a mortgage professional as you will need a full review not just a few paragraphs. Also even though you cannot work on your own loan you should be able ... more
0 votes Share Flag Mon Apr 7, 2014 Financing in Milwaukee
mike.wolle, Real Estate Pro in Minneapolis, MN
mike.wolle answered:
Hello- I am a physician who was in practice for 2 years (higher income) prior to returning to a 1 year training program (1 year income reduction).
yes these loans are available. actually these loans are actually available with 5% down and no mortgage insurance. We have a specific Physician loan that would fit all of your needs p ... more
0 votes Share Flag Mon Mar 24, 2014 Financing in Milwaukee
and223kw, Home Buyer in Milwaukee, WI
and223kw answered:
90k loan with 50k down to buy a building
try a hard money lender. they might be better because it would not be based on your credit.
you could buy the property with hard money then refinance it with the bank after it's fixed ... more
0 votes Share Flag Thu Nov 7, 2013 Financing in 53214
Rudy R. McDo…, Real Estate Pro in Bloomfield Hills, MI
Rudy R. McDowell answered:
I am desperately in need of a lenient lender to underwrite 90k loan. FHA will not look at me because of my unique situation. have a home & score
Hi, Monique

Based on your statement, outside of medical, you can't have any lates or collections after a BK. Especially if they are within the last 24 months. This guideline i ... more
0 votes Share Flag Wed Oct 9, 2013 Financing in Milwaukee
Sonya Mays,…, Real Estate Pro in Milwaukee, WI
That’s a great question which I’ve been asked many times.  I’m not a mortgage broker or a lending professional, so I would encourage anyone who is seeking loan advise to consult… Read more
Blogged Mon Aug 5, 2013 by Sonya Mays, MBA Using Trulia Home Buying Financing
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Jessica Bate…, Real Estate Pro in Los Angeles, CA
Jessica Bateman answered:
Is There any mortgage lenders that will lend to a score of 615?
Yes!! I work with a lot of people who have less than perfect credit. I tell all my clients that need a pre approval to visit The Lenders Network, I have seen loan approvals from them ev ... more
1 vote Share Flag Wed Jul 31, 2013 Financing in Milwaukee
Linda S. Cef…, Real Estate Pro in Oak Creek, WI
Linda S. Cefalu answered:
Can a parent or someone other than the buyer pay earnest money for the buyer in an FHA and/or Conventional loan transaction?
Great answers so far and do make sure you talk with lender asap. I have run into issues where the money needs to be in the account for a period of time - once it was as long as one mon ... more
0 votes Share Flag Mon Jul 29, 2013 Financing in Milwaukee
Mortage Lend…, Real Estate Pro in Elm Grove, WI
Wisconsin Mortgage Rates are gearing up for volatility. Fed Chairman Ben Bernanke is due to testify to Congress on Wednesday and Thursday and could provide clarity on when the Fed will scale back its… Read more
Blogged Tue Jul 16, 2013 by Mortage Lender Market Conditions Home Buying Financing
Mortage Lend…, Real Estate Pro in Elm Grove, WI
Wholesale Mortgage Services of Wisconsin pledges lower closing costs. I recently was looking to refinance a property. I was looking to pull some of the equity out. I prefer to do my loans outside… Read more
Blogged Tue Jul 9, 2013 by Mortage Lender Home Buying Financing
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Mortage Lend…, Real Estate Pro in Elm Grove, WI
Milwaukee Mortgage Rates jumped last week but have since started slowly reversing. We have been talking about our perception of the Wisconsin Mortgage environment. Here are a list of reasons last week… Read more
Blogged Fri Jun 28, 2013 by Mortage Lender Market Conditions Home Buying Financing
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Mortage Lend…, Real Estate Pro in Elm Grove, WI
Milwaukee and Wisconsin Mortgage Rates have climbed .75% in 6 days. We have always said that when rates climb they climb fast. Normally, it is because the economic picture has greatly improved. The… Read more
Blogged Mon Jun 24, 2013 by Mortage Lender Market Conditions Home Buying Financing
Mortage Lend…, Real Estate Pro in Elm Grove, WI
Milwaukee, Wisconsin Mortgage rates should have plateaued for now. A recent Rueters article suggest that the Fed may taper bond buying, but it may be limited to Treasuries. There is a feeling that keeping… Read more
Blogged Mon Jun 17, 2013 by Mortage Lender Market Conditions Home Buying Financing
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Mortage Lend…, Real Estate Pro in Elm Grove, WI
Wisconsin Mortgage rates should finally get the reprieve we have been discussing for 2 weeks. This after a Wall Street Journal article stated that Fed Chairman Ben Bernanke next week will try to calm fears… Read more
Blogged Fri Jun 14, 2013 by Mortage Lender Market Conditions Home Buying Financing
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Rob Chandler, Home Buyer in Lake Mills, WI
Rob Chandler answered:
Looking for hard money lender in Milwaukee?
Midwest Commercial Funding, LLC
rchandler@midwestcommercialfunding.com
Residential and Commercial
Can close any deal in as little as 48hrs.
0 votes Share Flag Mon Jun 3, 2013 Financing in Milwaukee
Mandy Fritsc…, Real Estate Pro in Wisconsin
Mandy Fritsche answered:
Homepath renovation question I have a buyer who wants to put a offer in on a farmette that needs a lot of work.
The outbuildings have to be repaired if they create a health or safety issue (falling down, large holes in floor, etc)
0 votes Share Flag Thu May 30, 2013 Financing in Milwaukee County
Mandy Fritsc…, Real Estate Pro in Wisconsin
Mandy Fritsche answered:
Are there any banks/lenders in or near Milwaukee, Wisconsin that do FHA 203k loans?
Mandy Fritsche, Prospect Mortgage
Mortgage Loan Officer
NMLS# 557211
262-327-5700 Cell
877-868-9198 Fax
mandy.fritsche@prospectmtg.com
www.MyProspectMortgage.com/mfritsche
0 votes Share Flag Tue Apr 16, 2013 Financing in Milwaukee
adeder, Both Buyer and Seller in Milwaukee, WI
adeder answered:
Let me re-phrase- What is the max LTV for non-owner occup. residential purchase?
Private Money Exchange will lend up to 65% LTV on investment residential properties. Repeat customers get up to 80%, however up to 100% is available if you have other equities or partn ... more
0 votes Share Flag Sat Jan 12, 2013 Financing in Milwaukee
Andie Knight, Real Estate Pro in Milwaukee County, WI
Andie Knight answered:
My fiancé and I are looking to buy a house but it seems like you have to have a substantial amount of money for a diownpayment. We do not have a
You can also get ahold of Richie Baumann at Providence Lending in Brookfield, WI.
0 votes Share Flag Sat Jan 5, 2013 Financing in Milwaukee
Sarah Floyd, Real Estate Pro in Milwaukee, WI
Sarah Floyd answered:
Hard Money Investors Wisconsin- What are LTV guidelines for residential properties?
I work for a local hard money lender. I can get you his contact info if you are interested. You can reach me at 414-758-3223.

~Sarah Floyd
0 votes Share Flag Thu Jan 3, 2013 Financing in Milwaukee
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