Financing in Evansville : Real Estate Advice

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Neil Gilles, Other/Just Looking in Evansville, IN
Neil Gilles answered:
Looking for an FHA 203k lender in Evansville, IN. Thank you!
I specialize in FHA 203K and Fannie Mae Homestyle loans at Mortgage Masters of Indiana in Evansville, In. Call me any time with questions.

Neil Gilles
NMLS#: 8216
Residential Mort ... more
0 votes Share Flag Fri Jun 5, 2015 Financing in Evansville
Deanna Miche…, Real Estate Pro in Evansville, IN
Deanna Michelle Hurm answered:
Anyone making loans with a Credit Score of 520? We pay our bills but due to 3 recent Hosp. bills our CS was reduced to 520....have good job.
Great question Pam! Are you looking to buy a home? I have worked with several lenders in the recent past that you could ask that question to. Feel free to contact me, so that I can give ... more
0 votes Share Flag Thu Oct 16, 2014 Financing in Evansville
Scott Hulen,  in 64068
Scott Hulen answered:
I want to finance investment properties for $20k-$35k. Any lender programs?
We use small local banks for this type of deal. They usually want 10% down and will loan the purchase price plus the rehab money, terms are 1 year @ 5%, we have a good track record wi ... more
0 votes Share Flag Fri Aug 5, 2011 Financing in Evansville
Joanna Sharp, Other/Just Looking in Indianapolis, IN
Joanna Sharp answered:
If we sell our home but don't close before closing date of our new home buy, is there a loan/other financing available to cover down payment
The individual is correct regarding the bridge loan but that is a loan that has to go through underwriting, etc just like your normal mortgage so if you have any doubt of not being able ... more
0 votes Share Flag Mon Mar 29, 2010 Financing in 47715
Greg, Home Buyer in 47715
Greg answered:
Will I get homebuyers credit? - Land contract, Taxes and Insurance
Thanks to all for your input. I decided even though its a legitimate transaction, the IRS may look on it otherwise. I can't afford the house without the credit, so its not work the ... more
0 votes Share Flag Mon Feb 15, 2010 Financing in 47715
Las Vegas Mo…,  in Las Vegas, NV
Las Vegas Mortgage answered:
Contract Sale - Seller has FHA Mortgage
Hi Greg, FHA will mandate that your taxes and insurance are impounded. It is not optional with an FHA insured loan.
0 votes Share Flag Mon Feb 15, 2010 Financing in 47715
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