Financing in 11414 : Real Estate Advice

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Javier Menes…, Real Estate Pro in Great Neck, NY
Javier Meneses answered:
I'm looking to put a 10% down payment on a condo. The bank denied my loan because the condo is not budgeting for enough reserves on the 2013 budget.
No, if you're putting less than 20% down payment, you're going to get what's called a full review. This means that ANY lender you go to will need to document the condo's current budget ... more
4 votes Share Flag Mon Feb 25, 2013 Financing in 11414
Javier Menes…, Real Estate Pro in Great Neck, NY
Javier Meneses answered:
Is 151-15 84 Street in Howard Beach/Jamaica an FHA building?
Currently, there are no HUD approved condos in Howard Beach. Take a look at the link below, you can search for approved condos.
1 vote Share Flag Sat May 12, 2012 Financing in 11414
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