Financing in 94117 : Advice

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Jessica Bate…, Real Estate Pro in Los Angeles, CA
Jessica Bateman answered:
I am Planing to go for a 300k home, I can try to put 10% down, my confusion is whether to go for FHA or 10 down%, conventional?,
You can get an FHA loan with 3.5% down most conventional loans need 20%. I have client's who have got approved and received a good rate at The Lenders Network I would check them out the ... more
2 votes Share Flag Mon Oct 28, 2013 Financing in 94117
Lance King-F…, Real Estate Pro in San Francisco, CA
Lance King-Founder/Broker answered:
Trying to refi my fractional TIC. Sterling is denying me because 2009 income was low, but 2010 is fine. How can I use other assets to convince them?
We deal with TICs all the time, and unless something new has happened very recently NCB and Sterling are the only ones doing individual fractional loans.

The other assets are great, ... more
0 votes Share Flag Sun Mar 13, 2011 Financing in 94117
Michael Novia, Real Estate Pro in San Francisco, CA
Michael Novia answered:
Is it worth putting 10% down on a property?
Hi Jill,

This is a great question and one that most buyers are asking nowadays. It's obviously impossible for any of us to know where home prices will be 5 years from now, but y ... more
0 votes Share Flag Fri Sep 10, 2010 Financing in 94117
David Tran, Home Buyer in San Francisco, CA
David Tran answered:
TICs and 5yr interest only ARM
Jason you hit the nail on the head and I will definately have to talk to the lawyer that created the TIC agreement.

The property is definately below market value, appraisal Monday.
... more
1 vote Share Flag Fri Sep 11, 2009 Financing in 94117
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