Financing in Durham : Advice

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Debra (Debbi…, Real Estate Pro in Livingston, NJ
Debra (Debbie) Rose answered:
We are relocating to Durham NC and do not have jobs there yet. However we have a large down payment and savings. What are our chances for a home loan?
Since Christine asked this question back in Jan., 2012, I would think she is no longer in need of any advice in regard to her transer to NC.
0 votes Share Flag Fri Apr 12, 2013 Financing in Durham
Jean (Zhihon…, Real Estate Pro in Cary, NC
Jean (Zhihong) Fletcher answered:
Can a foreign graduate student (on F1 student visa) get mortgage in the US? (Chapel Hill, NC)
This would be a great question to a mortgage lender. Please contact Robert Ruff at 919-524-6948 or Kevin Martini at 919-247-3700. I believe that you muhst have some income to start wi ... more
0 votes Share Flag Sun Oct 10, 2010 Financing in 27705
Vivian Olkin, Real Estate Pro in Chapel Hill, NC
Vivian Olkin answered:
American Expat working in British company in UK looking for financing for vacation or investment property in NC. Any suggestions for lenders?
If you meet the general requirements to get loans for 2nd homes or investment properties (good credit scores, money to put down, and solid income to support it) then most lenders will w ... more
0 votes Share Flag Fri Sep 3, 2010 Financing in 27705
Bryan Yonish, Real Estate Pro in Chapel Hill, NC
Bryan Yonish answered:
FHA Loan vs BB&T CHIPS first time homebuyers loan
Interest vs. rent;
Locked into ownership vs. Freedom;
Slow sales in the Winter months vs. More sales in the Summer Season;

Homeownership is your best investment to buil ... more
0 votes Share Flag Fri Jul 16, 2010 Financing in 27705
Dan Castagna, Real Estate Pro in Mount Laurel, NJ
Dan Castagna answered:
credit score of 640 need to refinance investment property
i just refinanced a borrower with a 626 on an investment property. Let me know if i can be of assistance.
0 votes Share Flag Thu Feb 11, 2010 Financing in 27704
Dolly O'brien, Real Estate Pro in East Lansing, MI
Dolly O'brien answered:
Is anyone able to secure a home loan now?
I work in mid-Michigan. The loan that would be used in our area is a Rural Development Loan. Reading some of the other posts, I would figure that the USDA loan was the same. Hom ... more
0 votes Share Flag Thu Oct 16, 2008 Financing in Durham
Cautiousbuyer, Home Buyer in Wilmington, NC
Cautiousbuyer answered:
my credit is outragously low like 560 low, how can i get a personal loan with a low monthly payment.
I strongly recommend that you work on your credit score. The better your credit score, the less interest you pay. Having good credit saves you thousands in the long run. There are ma ... more
0 votes Share Flag Tue Mar 25, 2008 Financing in 27701
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