Financing in Grand Rapids : Advice

change location

cancel or

Activity

20
domesticated…, Home Buyer in Allendale, MI
domesticatedyetti asked:
How many Loan applications can you fill out shopping for a mortgage and will it hurt your credit rating? My wife and I are starting to seriously look at selling our house and purchasing another closer to the Grand Rapids area. The first house I bought I just went to my bank, filled out an…
0 votes Share Flag Tue Jun 23, 2015 Financing in Grand Rapids
Erin Fester, Real Estate Pro in 49546
Erin Fester answered:
Would a Realtor or my CU rep be the person to assist me with things such as trying to purchase with HUD, or getting first time homebuyer discounts?
A Realtor can help you purchase any property - foreclosures, HUD homes, short sales, for sale by owner listings, and more. They specialize in properties in the local area and all types ... more
0 votes Share Flag Wed May 20, 2015 Financing in 49505
payweekfinan…, Other/Just Looking in Manassas, VA
payweekfinance answered:
Looking for a Hard Money Lender
Are you looking for a business loan, personal loan,house, car loan, student loans,debt consolidation loans, unsecured loans, venture capital TRANS FINANCIAL SERVICE is ready to grant yo ... more
0 votes Share Flag Tue Feb 3, 2015 Financing in Grand Rapids
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
Freddie Mac, Non-Occupant Co-Borrower, and DTI Ratios
55% is the max approval I've seen lately with Freddie Mac's LP (Loan Prospector). However it's challenging to get approvals over 45%, typically need excellent credit, a lot of reserves ... more
0 votes Share Flag Tue Sep 16, 2014 Financing in 49508
Jon Devine, Real Estate Pro in Clarkston, MI
Jon Devine answered:
I am self employed and I am looking for a private lender to help me out with a GREAT opportunity. Great return on your money.
Alen,
I have a private investor who is willing to make these types of loans under certain circumstances. Please email me at DevineRealty@comcast.net, and I can forward you the appropr ... more
0 votes Share Flag Fri Mar 28, 2014 Financing in Grand Rapids
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
Looking for a private/hard money lender
The loan officer wasn't trying to screw you. For most lenders you do need 2 years of employment. That's just standard for a conforming loan.

If you want to borrow with a private ... more
0 votes Share Flag Tue Dec 31, 2013 Financing in Grand Rapids
Randy Roberts, Real Estate Pro in Beverly Hills, CA
Randy Roberts answered:
I have a bankruptcy and foreclosure just over two years ago, and a credit score of 680. Is it possible for me to get a mortgage?
Yes there is a new program that you will qualify for

The U.S. Department of Housing and Urban Development (HUD) recently announced the “Back to Work – Extenuating Circum ... more
0 votes Share Flag Sun Sep 1, 2013 Financing in Grand Rapids
Brek Schutten, Real Estate Pro in Grand Rapids, MI
Brek Schutten answered:
My father passed away and he had a MSHDA loan on his home. He put me as co-owner of the house on a deed. Can I still remain in the home.?
As long as the payments are made on time, there should not be an issue. However, I would strongly suggest contacting an attorney to see if there is anything that needs to be done. The ... more
0 votes Share Flag Thu Aug 22, 2013 Financing in Grand Rapids
TERRY MCCARL…, Real Estate Pro in Cape Coral, FL
TERRY MCCARLEY answered:
Is it normal to be signing FHA Streamline Mortgage application papers that contain incorrect info?
I would recommend you speak with a real estate attorney. Signing incorrect paperwork sounds extremely risky to me.
0 votes Share Flag Tue Sep 4, 2012 Financing in Grand Rapids
Brek Schutten, Real Estate Pro in Grand Rapids, MI
Brek Schutten answered:
I have MSHDA down payment assistance. If I sell the house and take a loss do I still have to pay the money back?
I believe that the MSHDA down payment assistance is in the form of a soft second loan. This means that when you purchased the property, they gave you a loan for (up to) $7,500 for your ... more
0 votes Share Flag Wed Jun 27, 2012 Financing in Grand Rapids
Brek Schutten, Real Estate Pro in Grand Rapids, MI
Brek Schutten answered:
HomePath renovation mortgage financing
If you would like to learn more about this type of financing, feel free to contact me directly.
0 votes Share Flag Sun Apr 29, 2012 Financing in Westside Connection
Karl Roelofs, Real Estate Pro in Grand Rapids, MI
Karl Roelofs answered:
Are there any options for purchasing a home with a credit score of 580 and 5-7k down?
Please call me at 616 308 2631. I have a mortgage person who probably can help you!!

Thanks

Karl
0 votes Share Flag Thu Jan 5, 2012 Financing in Westside Connection
Louanne, Other/Just Looking in 49412
Louanne asked:
House in GR Mich- only needs appliances- MSHDA loan for 1st time buyer? DP loan program too? Not sure Flagstar is helping all that much! MSHDA rate? Looking for first time buyer- thinking that MSHDA is the way to go? Also read about their loan downpayment program- I think I qualify for that too? What are MSHDAS rates today? Website…
0 votes Share Flag Mon Apr 4, 2011 Financing in 49508
Brek Schutten, Real Estate Pro in Grand Rapids, MI
Brek Schutten answered:
Does anyone know of a good rent to own agent who could help us find a home in Kentwood and help sell our Duplex?
If you let me know more specifics, I can probably help you out with your situation. I don't work exclusively with "Rent-to-Own" sellers, I am willing to put the time in ... more
0 votes Share Flag Tue Mar 1, 2011 Financing in 49508
., Other/Just Looking in Grand Rapids, MI
. answered:
Is there any banks doing $30,000.00 mortgages in Grand Rapids, MI?
If I was you I would talk to Roger Danielski... His answer to your question is somewhere down below...

On my website you can find a home you would like to buy...
0 votes Share Flag Mon Feb 28, 2011 Financing in 49508
Jim McDonald…, Real Estate Pro in Grand Rapids, MI
Jim McDonald NMLS# 156546 answered:
Any way around seasoning a down payment?
The 20% from the parents either needs to be gift funds or seasoned in the buyers account for typically 60 days. The issue with a promissory note is combined loan to value (CLTV), most l ... more
1 vote Share Flag Wed Oct 20, 2010 Financing in Grand Rapids
Anthony Bird, Real Estate Pro in 49503
Anthony Bird answered:
Is there any banks doing $30,000.00 mortgages in Grand Rapids, MI?
I am not sure if many banks are doing loans this small. The problem falls with section 32 financing (the red tape of the industry) - The goverment regulates fees as a percentage of the ... more
0 votes Share Flag Mon Mar 8, 2010 Financing in 49508
Daniel Kenna, Real Estate Pro in 60103
Daniel Kenna answered:
Should we help daughter buy a house with our HELOC, or co-sign an FHA Loan? She wants to qualify for the FTHBC
Fha would never take that long 30-45 days at most. Without knowing all the details you might want to use a combination as long as you gift her with your heloc more than 20% down you mig ... more
0 votes Share Flag Tue Aug 18, 2009 Financing in 49546
Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
Wife excluded from the mortgage?
E
This is not all that uncommon. Usually we see it in cases where one spouse is unable to go on the mortgage due to credit, however the concept is the same in your case except debt to ... more
0 votes Share Flag Mon Jul 13, 2009 Financing in Grand Rapids
Search Advice

Followers

424
Email me when…

Learn more

Meet the Trulia VIPs
Pete Bruinsma, Broker in Grand Rapids, MI
Pete Bruinsma
Broker
Grand Rapids, MI
Monica Kennedy, Agent in Grand Rapids, MI
Monica Kennedy
Agent
Grand Rapids, MI
Rachel Major, Agent in Grand Rapids, MI
Rachel Major
Agent
Grand Rapids, MI
Erin Fester, Agent in 49546
Erin Fester
Agent
49546
Home > Michigan > Kent County > Grand Rapids > Financing in Grand Rapids
Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer