Financing in Anchorage : Advice

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Lisa M. Fras…, Real Estate Pro in Anchorage, AK
Lisa M. Fraser answered:
If both mortgages are covered between my income and rental income am I likely/unlikely to get approved?
Ed,

Just to expound on Luke's response. Properties within the Municipality of Anchorage would not qualify for a USDA Rural loan. For more information on loan programs and interest ... more
1 vote Share Flag Sun Aug 3, 2014 Financing in Anchorage
Derek Huit, Real Estate Pro in Anchorage, AK
Derek Huit answered:
We currently own a home that we rent out. Our credit is good, but we would not have a down payment. Can we still get a mortgage?
There is two programs that allow for zero down payment. The VA loan program and USDA rural Develpment program. All others loan products require that you do need a down payment. Dependin ... more
0 votes Share Flag Sat May 12, 2012 Financing in Anchorage
Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
What is all involved in an assumption, then refi for a lower rate?
The key item to look for is the priority of the loan you're assuming. That will determine if you can get a refi.
0 votes Share Flag Mon May 7, 2012 Financing in Anchorage
James P. Ryan…, Real Estate Pro in Washington, DC
James P. Ryan, Jr answered:
If I am finishing college and working in Ohio but want to relocate to TN after school ends can I do a FHA
hi Oracle, it is not clear from your question if you plan to continue working in Ohio, but buying in Tenn and still just visiting TN every 5 weeks or if you plan to work in TN as well. ... more
0 votes Share Flag Mon Apr 16, 2012 Financing in Anchorage
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