Financing in Rio Rancho : Advice

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ann, Home Buyer in Miami Gardens, FL
ann asked:
I need a hard money or private lender who's willing to fund the purchase price for a property. Executive Summary:

3114 thoreau Medows
Rio Rancho
New Mexico
Purchase Price is $78,000
rehab is $18,000
ARV is about $144,000
Borrower will be financing the total rehab cost
0 votes Share Flag Thu Mar 19, 2015 Financing in Rio Rancho
Jason Bojonny, Real Estate Pro in Frederick, MD
Jason Bojonny answered:
My husband has a Mid Score of 603 and is eligible for a VA loan, our lender won't manual underwrite we are under contract, we need someone ASAP
Were you able to get this situated? We can do VA purchase with scores as low as 580.

Let me know if you need assistance.

Thanks and good luck
1 vote Share Flag Thu Oct 31, 2013 Financing in 87144
Pamela Harris, Real Estate Pro in Rio Rancho, NM
Pamela Harris answered:
On a owner financing is there a legal interest rate they can charge?
All owner financing is by mutual agreement. If you don't like the interest rate ....WALK AWAY! Don't pay any exorbitant rates, in the long run they are not worth it. If the ... more
0 votes Share Flag Tue Sep 7, 2010 Financing in Rio Rancho
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