Financing in 60630 : Advice

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Bill J Delig…, Real Estate Pro in Naperville, IL
Bill J Deligiannis answered:
Hello, I have a refinancing question on my investment property to see if it is a good deal or not
If you plan on keeping this investment property for many years then it may make sense. The prepaid items are not costs - they are escrow/prepaid interest that you would pay anyways. As ... more
0 votes Share Flag Thu Apr 19, 2012 Financing in 60630
Michael Cline,  in Chicago, IL
Michael Cline answered:
Have a credit score of 785 and need a $50000 mortgage. Lenders decline because of IL 5% limit on lender's charge. Are there any who would do?
Sri,

The laws that are in place are designed to help protect the consumers from predatory lending. The side-effect is that it prohibits lower income borrowers, or lower loan amounts ... more
0 votes Share Flag Fri Mar 4, 2011 Financing in 60630
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