Financing in Destin : Advice

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Ryan, Real Estate Pro in Destin, FL
Ryan asked:
Are there any condos in Destin or Miramar Beach that I can get VA or FHA loan financing on? I believe condotels are still excluded. So basically what condominiums is anyone aware of that are not considered condotels? Thanks!
0 votes Share Flag Sat Oct 18, 2014 Financing in Destin
Jessica Bate…, Real Estate Pro in Los Angeles, CA
Jessica Bateman answered:
Quicken Loans is advertising a Jumbo FHA back mortgage option with only 3.5% down. Is that even feasible?
Yes it is feasible that is the down payment required by FHA 3.5% a Jumbo FHA loan has the same requirements as a typical FHA loan as far as down payment and DTI.
1 vote Share Flag Thu Jun 13, 2013 Financing in Destin
Mike Tarleton, Real Estate Pro in Santa Rosa Beach, FL
Mike Tarleton answered:
I am wanting to purchase a home in Sandestin for between 550000 and 600000. I am only wanting to put around 50000 down. What options do I have?
I have a loan product that will allow you to have 90% Combined loan to value via an 80% 1st mortgage and a 10% 2nd mortgage. The main stips are a 680+ credit score, and you must be abl ... more
0 votes Share Flag Wed Jan 23, 2013 Financing in Destin
Floridarefi, Home Buyer in 32541
Floridarefi asked:
the amount being financed is 171,000.00 with the present balance being 160,985.00. I am going to try to find a amorization calculator. To see if we will be 10,500. plus 2 payments up. Thank You so much for the responses. If any of you that are brokers feel that you can match the rate or better with less closing costs, we…
0 votes Share Flag Mon Mar 1, 2010 Financing in 32541
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