Financing in Clawson : Advice

change location

cancel or


Stbrealestate, Real Estate Pro in San Diego County, CA
Stbrealestate answered:
where can I get a 75% LTV loan for the purchase of a single family investment property?
not what I'm finding - most want 30 to 35 % down - do you know of one that doesn't?
0 votes Share Flag Thu Feb 4, 2010 Financing in Clawson
Rudy R. McDo…, Real Estate Pro in Bloomfield Hills, MI
Rudy R. McDowell answered:
How long is it taking in Michigan to close on a FHA loan? Any chance of still making the Dec 1st tax credit deadline?
Hi, Djst

The deadline is actually November 30th. Upon you getting an accepted offer on a home, your turnaround time to close should be no more than 15-28 days. Since Shore Mortgage ... more
0 votes Share Flag Tue Oct 6, 2009 Financing in 48017
Derek Bauer,…, Real Estate Pro in Livonia, MI
Derek Bauer, Door to Dreams... answered:
My good faith estimate was $1000 short of actual closing costs.
I don't see the correlation between $23 per month and $1,000. What else was off? What are the specific line items that did not match-up?
0 votes Share Flag Thu Aug 13, 2009 Financing in 48017
Trent Dalrym…, Real Estate Pro in Huntington Woods, MI
Trent Dalrymple answered:
I have a rental home in detroit, mi that I own free and clear. my credit is roughly 610. No lates, just
With our program the house must appraise for at least $75,000. Also, we rarely cash out on an income property, unless you have owned it for at least one year. The financing in Hard Mo ... more
0 votes Share Flag Wed Jun 24, 2009 Financing in Clawson
Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
Is it realistic to get 50%-60% LTV on a rental property? Money was borrowed from personal funds. I would like
Conforming guidelines allow up to 75%. I believe you have to own the home for 12 months before you can do a cash out refinance.

If you can document that the home has been rented for ... more
0 votes Share Flag Wed Mar 11, 2009 Financing in Clawson
Gary Smith, Real Estate Pro in Michigan
Gary Smith answered:
Info on Mortgage and Home Improvement loans.

Sorry to quick on the clicker.

I would also check to see if you qualify for one of the State of Michigan MSHDA products.
0 votes Share Flag Mon Oct 20, 2008 Financing in 48017
Search Advice


Email me when…

Learn more

Meet the Trulia VIPs
Scott Wright, Agent in Royal Oak, MI
Scott Wright
Royal Oak, MI
Stephen Connolly, Agent in 48072
Stephen Connolly
Jessica Woodbeck, Agent in Royal Oak
Jessica Woodbeck
Royal Oak
Home > Michigan > Oakland County > Clawson > Financing in Clawson
Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer