Financing in Woodbridge : Real Estate Advice

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Amelia Robin…, Real Estate Pro in Falls Church, VA
Amelia Robinette answered:
HELOC to 30 years mortgage
You would do a cash out refinance on the rental property, use the cash to pay off the HELOC debt. This can usually be done in one transaction and the payoff can be handled by the settle ... more
0 votes Share Flag Thu Nov 5, 2015 Financing in 22191
Jason Todd S…,  in Virginia
Jason Todd Smith answered:
I am trying to work with my bank to refinance
http://www.fanniemae.com/loanlookup; https://ww3.freddiemac.com/corporate.

Start by checking out both of these websites. Depending on your current loan to value, credit scores and d ... more
0 votes Share Flag Fri Aug 16, 2013 Financing in 22191
Lori Jeltema, Real Estate Pro in Newport News, VA
Lori Jeltema answered:
My property assessment value is lower than my mortgage value. Is there any way that I can refinance only to take advantage of the low interest rate?
Do you have a VA loan? If so, call the lender you last financed with and ask about doing a streamline - may be no appraisal requirement and little closing fees.
0 votes Share Flag Tue Mar 15, 2011 Financing in Woodbridge
Andres Piedra, Real Estate Pro in Alexandria, VA
Andres Piedra answered:
What are our chances of a VA loan with a good interest rate?
HI USAF05. I guess you could call me USAF07, as that is when I left active duty.

Anyway, you're received some great information here. USAA, with whom I used to have a mortgage ... more
0 votes Share Flag Wed Aug 11, 2010 Financing in Woodbridge
Isaac Hull,  in Harrisonburg, VA
Isaac Hull answered:
Can one lender insist of using the appraisal that was done by another lender?
Yes, this is correct. Once an appraisal is attached to a Case # it stays. But if you have good comps that support another value you can ask your lender submit a rebuttal to the apprai ... more
0 votes Share Flag Thu Jul 15, 2010 Financing in Woodbridge
Todd Durand, Real Estate Pro in Newtown, PA
Todd Durand answered:
Does anyone know how to calculate NPV for their home?
Hi Shannon -

Net Present Value (NPV) is a calculation of the current value of future payments. That being said, I believe that you are trying to calculate the NPV that the lending ... more
0 votes Share Flag Wed Jan 6, 2010 Financing in 22192
William Pola…, Real Estate Pro in Boca Raton, FL
William Polack answered:
Question re: Title to a Home with FHA Loan (for Non-Married Couples)
You'll have to do a blood test..just kidding. Once the marriage goes through, you'll want to get a will and testament so that if something happens to one of you, the contents ... more
0 votes Share Flag Wed Nov 25, 2009 Financing in 22191
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