Financing in Seminole County : Advice

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Title Juncti…, Real Estate Pro in Fort Myers, FL
Title Junction LLC answered:
Are there any good loan programs for British foreign nationals to buy low priced Florida property?
Alan

It is very difficult for foreign nationals to obtain financing. You would need to do a lot of calling around to find what meets your needs and satisfies theirs. Most foreign buy ... more
0 votes Share Flag Sat May 24, 2014 Financing in 32714
Al Norman, Real Estate Pro in Casselberry, FL
The past few years have seen a lot of unusual weather events, including extreme flooding in areas that don’t normally see that much water. Several regions have experienced “100-year flood events”… Read more
Blogged Fri May 9, 2014 by Al Norman Home Buying Financing
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Usda Mortgage…, Real Estate Pro in Jacksonville, FL
Why should new Florida homebuyers choose the USDA / Rural Development  mortgage?  Below we have outlined some key reasons -  USDA home loan require NO down payment , the only 100% home loan for Florida… Read more
Blogged Tue Feb 18, 2014 by Usda Mortgage Source Home Buying Financing
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JimMy211, Home Buyer in Tampa, FL
LAKE MARY FLORIDA+MANUFACTURED+MODULAR FLORIDA MORTGAGE LENDERS @ 954-667-9110 _ SERVING ALL FLORIDA!http://www.florida-mortgage-lenders.com/index.php/manufactured.html (FHA) LAKE MARY FLORIDA… Read more
Blogged Thu Jan 30, 2014 by JimMy211 Home Buying Financing Credit Score
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Al Norman, Real Estate Pro in Casselberry, FL
While 2013 was a great year for the residential real estate market, there are conflicting views about where what the market is going to do in 2014. Some people are cautious about the possibility that we’re… Read more
Blogged Thu Jan 23, 2014 by Al Norman Market Conditions Home Buying Financing
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Al Norman, Real Estate Pro in Casselberry, FL
Buying a home at this time of year offers benefits, such as lower pricing and less competition for the property you love. But buying during the holidays also poses some unique scheduling challenges that… Read more
Blogged Tue Nov 26, 2013 by Al Norman Home Buying Financing Military Movers
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Abraham Bidh…, Real Estate Pro in Orlando, FL
Abraham Bidhendi answered:
Hello! I would like to buy a condo in Orlando, I live in Middle Europa. It would be a pure investment, I can do a downpayment of 50%, the total price
Hi Vin:

Yes that would be possible, I have a lot of clients from Europe & most lenders would not do loans less than $50K and they can usually need 30% to 50% down payment from you. ... more
0 votes Share Flag Fri Jul 5, 2013 Financing in Lake Mary
Rebecca A. B…, Real Estate Pro in Tampa, FL
Rebecca A. Bass answered:
what is the frist step in buying a home,and what programs are there to help with down payments?
I actually close many loans where buyers have verifiable income and good credit but do not have a down payment. Feel free to contact me to see if any of these loan programs are of inter ... more
0 votes Share Flag Wed Jun 19, 2013 Financing in 32771
Kevin Earnest, Real Estate Pro in Orlando, FL
Kevin Earnest answered:
I am moving to the area in the next 3 weeks. I have $25,000 to put down on a house but I have bad credit. Is there a way to get financing?
Hi Stacey,
I actually offer owner financing on homes in Orlando areas. We find, buy, rehab, then sell with owner financing. No lease option or other stuff. You actually own the hous ... more
0 votes Share Flag Tue Jun 18, 2013 Financing in Altamonte Springs
Clair Strutt, Real Estate Pro in Lake Mary, FL
Clair Strutt answered:
I RECEIVED A PRE-APPROVAL AND READS THE FOLLOWING.
The answer to your question is no. It is only a preliminary approval or conditional approval. Once you submit the executed contract (signed by you and the seller) to your lender, tha ... more
0 votes Share Flag Wed Jun 5, 2013 Financing in Sanford
Lowell Sterl…, Real Estate Pro in Plano, TX
Lowell Sterling answered:
Is there a bank/mortgage broker in Orlando area that is experienced in green card/ex-pat applicants turning local, looking for a mortgage?
BUYING A HOME (The process start with the Banker not the Realtor)

Start the process right 1st by talking to a Licensed Mortgage Professional to determine who much home you can afford ... more
0 votes Share Flag Thu Mar 14, 2013 Financing in 32746
tonyd123.ail, Real Estate Pro in Orlando, FL
tonyd123.ail answered:
I'm Canadian investor who buy, sell and lease condos & houses. I need to find financing for my Canadian clients. Downpayment 30% - no problem.
Nick, I have a great condo that will return u 11.63% on your investment GUARANTEED!
0 votes Share Flag Wed Nov 14, 2012 Financing in 32714
James P. Ryan…, Real Estate Pro in Washington, DC
James P. Ryan, Jr answered:
Financing Options, Oviedo
FHA is a great program, and it sounds like your best option, although I would not rule out Fannie/Freddie with 10% down. A good loan officer can run both scenarios for you and you can c ... more
0 votes Share Flag Wed Jun 20, 2012 Financing in Oviedo
Jason Gonzal…, Real Estate Pro in Maitland, FL
The TruthHARP 2.0: Banks Flooded With ApplicationsMAY 15, 2012 UPDATE We have been getting approvals in as soon as 3 weeks, which is a very good sign of things to come.  Hang in there, we'll make… Read more
Blogged Fri May 25, 2012 by Jason Gonzalez Financing
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TERRY MCCARL…, Real Estate Pro in Cape Coral, FL
TERRY MCCARLEY, CDPE, SRES answered:
If someone from outside the US wants to rent/lease the house for a year because of his/her job posting here,
If you are not here to oversee the property and properly manage it I highly recommend you hire a property manager.
0 votes Share Flag Wed May 2, 2012 Financing in Oviedo
Keti Ballhysa…, Real Estate Pro in West Palm Beach, FL
Keti Ballhysa PA answered:
My girlfriend is a Colombian citizen and wants to buy some real estate. How can she do this?
Good afternoon there,
Nothing to be worry if she do not have the US Citizenship, However the minimum required in the lending industryis $50,000,If u have further question Please contac ... more
0 votes Share Flag Thu Sep 22, 2011 Financing in Lake Mary
RAKESH PANDYA, Real Estate Pro in Windermere, FL
RAKESH PANDYA answered:
How money is distributed for refinancing a home in ca if the lender is in Florida?
Hi, Hope all went well with you in refinancing of your home. I can help you in your real estate investment if you are planning to do it. if you can either e-mail me your criterion such ... more
0 votes Share Flag Tue May 31, 2011 Financing in 32746
Ken Anderson, Real Estate Pro in 32746
Ken Anderson answered:
I would like to buy a business in Florida that cost 600k and I have 70k saved and the business cashflow is 260k
It may be an uphill battle as you are not at the 20% down and I don't know anyone that accepts less for a commercial property. Commercial loans regularly want 30% down.

When you ... more
0 votes Share Flag Fri Apr 22, 2011 Financing in Longwood
Rudy R. McDo…, Real Estate Pro in Bloomfield Hills, MI
Rudy R. McDowell answered:
can somebody tell me how much money one can receive as a gift ( to use for home purchasing) from a relative that is tax free.?
Hi, Kate. For a Conventional/Fannie Mae loan, you can typically recive up to 5% of the total sale price as a gift. However, you must have a min of 5% of your own money vested as well. ... more
0 votes Share Flag Wed Mar 30, 2011 Financing in 32701
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