Financing in South Florida : Advice

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Gary and Kar…, Real Estate Pro in Boca Raton, FL
Gary and Karina Youngman answered:
Does a higher down payment on a home make a plain-vanilla mortgage safer? Read more:
Yes for sure as the other individuals have stated the banks a in a better position... The more a person has to lose the stronger they will fight to retain good standings with there mor ... more
0 votes Share Flag Sun Jan 22, 2012 Financing in South Florida
Sam Thompson, Real Estate Pro in Atlanta, GA
Sam Thompson answered:
I have 2 judgements on my experian report but it is clear on both equifax and trans union. Will I have to resolve these to qualify for a FHA Loan?
One other point is that once you have obtained the judgment satisfaction information, you will need to send a copy to all three credit reporting agencies so the information can be updat ... more
0 votes Share Flag Sun Mar 7, 2010 Financing in South Florida
Robin Silver…, Real Estate Pro in Garden City, NY
Robin Silverberg answered:
Own home in Coconut Creek, FL, purchased in 2004. Conventional 30 yr - $250 k @ 5.875% for 80%. 2nd HELOC for $50k - interest only. Current value is
The most important thing to ask yourselves is: can you afford the payments as they are, and do you like your home? If the answer to these questions is yes, there is no reason to short s ... more
0 votes Share Flag Sun Dec 27, 2009 Financing in South Florida
Jacqueline C…, Real Estate Pro in Orlando, FL
Jacqueline Clarke answered:
Anyone doing AVR loan in Florida, owner occupied, over 2 million?
What is an AVR loan? Why Direct lenders only?
0 votes Share Flag Tue Apr 28, 2009 Financing in South Florida
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