Financing in Crystal Lake : Real Estate Advice

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Robert Hanson, Real Estate Pro in Olney, MD
Robert Hanson answered:
Who will finance a home for under 60k?
Hello,
I am sure you are having difficulty as many lenders are raising their minimum loan amount requirements this year. I can still do loans down to $40k so I should be able to help y ... more
0 votes Share Flag Fri Feb 28, 2014 Financing in Crystal Lake
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
Can I qualify for an FHA loan with this scenario?
Bankruptcy law doesn't trump underwriting guidelines. So unless the short sales/bankruptcy was due to extenuating circumstances, you would not be eligible for FHA financing until 3 yea ... more
0 votes Share Flag Sat Oct 20, 2012 Financing in Crystal Lake
Peter Thomps…, Real Estate Pro in Lisle, IL
Peter Thompson answered:
Homepath financing VS. FHA
You really need to completely compare both options to see which is the best rate. On the positive side for Homepath, there is no mortgage insurance, 3% down is allowed and with no appra ... more
0 votes Share Flag Fri Dec 9, 2011 Financing in Crystal Lake
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
FHA qualification question
Ktbailey - yes that is correct.
0 votes Share Flag Sat Dec 3, 2011 Financing in Crystal Lake
Hannah Flieg…, Real Estate Pro in Larkspur, CA
Hannah Fliegel answered:
Want to buy new home but have a 2nd on first, can that be transfered?
Hi J,
I call this "walking the mortgage" Call your lender in 2nd position and ask if they will move their lien to your new property. Good luck!

Hannah Fliegel
The Credi ... more
0 votes Share Flag Fri Apr 16, 2010 Financing in Crystal Lake
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