Financing in 85233 : Advice

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Shawn Rogers, Real Estate Pro in 85297
Shawn Rogers answered:
if I have a foreclosure on my record from 3 years ago can I buy a home with only 5% down ? and still get a 15 year fixed my credit is 720
I asked our strategic partner, lender, Mr. Chase McLane at People mortgage and he said this: "they can get an FHA mortgage with 5% down and a foreclosure on their record however ... more
0 votes Share Flag Thu Jul 11, 2013 Financing in 85233
Gregorio Den…, Real Estate Pro in San Diego, CA
Gregorio Denny answered:
At 1% origination fee on a $220,000 refi, why are they charging me $3,325 origination? The math doesn't work. I have a conforming loan,
Most likely because you are looking at the GFE and what is listed on the GFE on page 2, box #1 is the origination fee plus lender fees such as underwriting and processing if applicable. ... more
1 vote Share Flag Sun Oct 2, 2011 Financing in 85233
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