Financing in Orange>Question Details

PacWest Prop…, Real Estate Pro in Orange, CA

90% owner occupied loan for purchase of a duplex in california

Asked by PacWest Properties, Orange, CA Thu Oct 4, 2012

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Richard Littlefield’s answer
Yes it is a bit crazy but really you must go with an FHA or VA loan on this. It is one of those things left over from the mortgage meltdown that does not make any sense really. I am in Costa Mesa if you would like more help on this.
0 votes Thank Flag Link Mon Apr 15, 2013
An owner occupied duplex can be purchased with FHA financing with 3.5% down. Fannie Mae caps out at 85% LTV, Freddie Mac caps out at 80% LTV.

Shane Milne | Lending in all 50 states | NMLS #81195
1 vote Thank Flag Link Thu Oct 4, 2012
I have half percent down owner occupied CHF Access for single family, condo, townhouse or duplex with a minimum 580 fico score which can also contribute towards your closing costs as well. I specialize in Under 640 Fico Score Loans and offer credit repair at no cost to raise fico scores to qualify. Here is a link, flyer, maximum income limits and a needs list to gather for processing a loan approval. I only need to ask a few dozen quuestions to qualify you in minutes.

http://www.under640ficoscoreloans.com/Pages/HalfPercentDown.aspx

CHF Access half percent down flyer, pdf
http://tinyurl.com/9ewk9nq

Sheryl Arndt, standard needs list checked, pdf
http://tinyurl.com/9m2rsb2

Why Rent brochure
http://www.frankandsheryl.com/Documents/Why%20Rent%20brochure…
http://www.frankandsheryl.com/Documents/Why%20Rent%20brochure…

CHF Access income limits http://tinyurl.com/8lzf8he

http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Real Estate Broker – Sr. Loan Officer CA only
REO & Short Sale Specialist
20+ Years Experience
DRE# 01140252
NMLS# 297251
760-486-4225
0 votes Thank Flag Link Wed Nov 14, 2012
Read Shanes' answer - that is right - try an FHA.

Soila Thompson
Buyers' Agent
0 votes Thank Flag Link Fri Oct 5, 2012
I can do it if that is what your asking?

http://www.FrankandSheryl.com
http://www.Under640FicoScoreLoans.com
http://www.under640ficoscoreloans.com/Pages/ContactSheryl.aspx
Sheryl Arndt, Broker – Loan Officer
DRE# 01440252
NMLS# 297251
760-486-4225
0 votes Thank Flag Link Thu Oct 4, 2012
Probably not these days. Best to look for a local Mortgage Broker under "Find a Pro in the header of this website. http://www.NaplesRealEstateGuys.com
0 votes Thank Flag Link Thu Oct 4, 2012
305k...........................................................
0 votes Thank Flag Link Thu Oct 4, 2012
OK, what's the sale price?
0 votes Thank Flag Link Thu Oct 4, 2012
no Fred... not advertising... looking for program
0 votes Thank Flag Link Thu Oct 4, 2012
I think you are just advertising that you have this. That is a violation of the Trulia TOU. You should remove this statement.
0 votes Thank Flag Link Thu Oct 4, 2012
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