Financing in Carrollton : Advice

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Rob Weber, Real Estate Pro in Chicago, IL
Rob Weber answered:
we are looking at refi have property values dropped in 75010 should we do a HARP refi we are 90% ltv and are also looking to put a pool in
A rehab loan is what you'll need to get your pool. You're looking at the balance of your mortgage plus the cost to install the pool vs the AFTER improved value of your home, avoiding t ... more
0 votes Share Flag Sat May 10, 2014 Financing in Carrollton
Thierry Abel, Real Estate Pro in California
Thierry Abel answered:
Home refinance with ITIN
Claudia,

How much Equity do you have in the property?

How come you do not have a social security #?...What kind of Visa do you have, what is your immigration status?

Cheers
0 votes Share Flag Fri May 9, 2014 Financing in Carrollton
Kim Benedict, Real Estate Pro in 06902
Kim Benedict answered:
Can the lenders(some of who are running skeleton crews) handle the large volume of transactions which are likely to happen in the next few weeks?
No one can tell the future, yet the market is soft at the moment, so we don't feel there will be huge amount of mortgages going through the next few weeks. If you have a good agent they ... more
0 votes Share Flag Thu May 8, 2014 Financing in Carrollton
Curly Sue, Real Estate Pro in Texas
Curly Sue answered:
Why do banks use Gross income to calculate home affordability instead of Net income?
Ivan - rarely does a buyer ask for less than the bank will approve. Sounds like you are conservative - that's good - I'll bet you have a great credit score! You don't have to borrow a ... more
0 votes Share Flag Thu Apr 25, 2013 Financing in Carrollton
Kenneth Bebe…, Real Estate Pro in Dallas, TX
Kenneth Bebensee answered:
Why are banks keeping my loan number a secret?
Talk with your lender. That should clear it up.
0 votes Share Flag Mon Apr 22, 2013 Financing in 75007
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