Financing in Greensboro : Advice

change location

cancel or

Activity

21
Emily Franco, Real Estate Pro in Greensboro, NC
Emily Franco answered:
What advantages are there for applying for a VA loan compared to a conventional loan?
Well one advantage is certainly no down payment! The last VA loan I closed, the buyer actually walked away from the table with money! I'm working another VA right now with someon ... more
0 votes Share Flag Tue Nov 19, 2013 Financing in Greensboro
Randall Yates, Real Estate Pro in Dallas, TX
Randall Yates answered:
I am self employed with a 689 credit score is it more difficult to get a mortgage since I don't get a paycheck
We can give you a referral to a reputable lender that has the right type of loan for you, that's what we specialize in, difficult loans that most lenders cannot do..
0 votes Share Flag Sat Nov 16, 2013 Financing in Greensboro
Brian Nguyen, Real Estate Pro in Mission Viejo, CA
Brian Nguyen answered:
Is it possible to close on a loan with an offer letter in Greensboro, NC? Looking for broker to go through.
There are lenders like myself that are able to consider your circumstances by accepting an offer letter. Although, there will be other factors that we will have to look at as well. Ther ... more
0 votes Share Flag Thu Nov 14, 2013 Financing in Greensboro
Dana Lindberg, Both Buyer and Seller in Phoenix, AZ
Dana Lindberg answered:
What is a 203k loan? What are the pros and cons? Can i use that loan on a foreclosed home? Are they difficult to get?
An FHA 203k loan is offered by the federal government to help people buy and repair homes that need rehabilitation. I found a site which will give you a detailed guide and other valuabl ... more
2 votes Share Flag Sun Sep 8, 2013 Financing in Greensboro
Allen Lowe, Real Estate Pro in Greensboro, NC
Allen Lowe answered:
I am disabled,good credit, prequalified,is the MyCommunity Mortgage, the best or only way to qualify for a mortga using disability as my sole
In my experience disability is as good or better now days than an actual paycheck and if you budget for a home financing would not be an issue for me Thanks Allen 336-362-8737
0 votes Share Flag Thu Jun 13, 2013 Financing in Greensboro
Thomas J Hes…, Real Estate Pro in Greensboro, NC
Thomas J Heslin answered:
I have a rental townhome that I currently have a private mortgage on. I would need only about 50K.
Hello Town Home Owner,

I know that the current financial climate in the mortgage world is not very friendly. However, if you contact our HomeServices Lending Mortgage Officer, Ms. Sh ... more
0 votes Share Flag Mon Jun 10, 2013 Financing in Greensboro
Thomas J Hes…, Real Estate Pro in Greensboro, NC
Thomas J Heslin answered:
Does any triad lender know about a $9,000 grant program available for buyers/?
Good Morning Danielle,

I consulted with our HomeServices Mortgage Officer, Sharon Swift, and she was unable to find any reference to a $9,000. grant program. She did mention the Home ... more
0 votes Share Flag Thu May 23, 2013 Financing in Greensboro
Len Montgome…, Real Estate Pro in North Carolina
Len Montgomery answered:
Can my lender approve my loan without my tax transcript even if I filed but IRS has not process it yet?
This is a shame but I know some lenders are hardcore on these type things. Try this. Ask if they will accept the two prior years. If you had not filed April 3rd, 2013 and instead filed ... more
0 votes Share Flag Wed Apr 17, 2013 Financing in Greensboro
Crystal, Real Estate Pro in Greensboro, NC
Crystal answered:
What is the midscore required for FHA in Greensboro, NC area?
Also Janet
Please do keep in mind that the lender has overlay requirements that vary as well. One lender may have min score of 600 and another 620 or 640. FHA also has new guidelines a ... more
1 vote Share Flag Sat Jul 7, 2012 Financing in Greensboro
Andy Matejka, Real Estate Pro in Greensboro, NC
Andy Matejka answered:
On a USDA loan will your qualifying amount be reduced on a debt to ratio if you have HOA dues, if so, by how much?
Yes it will. You can simply calculate your dti ratio by adding the HOA dues into yourmonthly payment.

(principle, interest, taxes, insurance, mortgage insurance) PITIMI+HOA/gross mo ... more
1 vote Share Flag Thu Mar 29, 2012 Financing in Greensboro
Len Montgome…, Real Estate Pro in North Carolina
Len Montgomery answered:
Which loan is the better option? VA Loan or Rural Loan?
Both excellent programs for what they offer. The USDA of course is rural only. There is a link on their website that allows you to enter the address of a property to determine if it qua ... more
0 votes Share Flag Thu Jan 12, 2012 Financing in Greensboro
Andy Matejka, Real Estate Pro in Greensboro, NC
Andy Matejka answered:
I'm having a hard time finding a reliable list of FHA 203k lenders and contractors in GSO.Can anyone help?Also is a 203k consultant really
Did you ever get this closed?

I am curious of the consumer's opinion and reaction of this loan program.

thanks,
0 votes Share Flag Mon Dec 26, 2011 Financing in Greensboro
Annette Levi…, Real Estate Pro in New York, NY
Annette Levinson answered:
what banks can lend a mortgage loan with a itin number in Greensboro,NC????
Most banks can lend with a ITN number. You just need a mortgage officer who knows what that is.
1 vote Share Flag Wed Oct 5, 2011 Financing in Greensboro
Bill Gassett, Real Estate Pro in Hopkinton, MA
Bill Gassett answered:
How much can you credit score increase with credit rescoring?
Here is a fantastic resource that will offer suggestions on how to improve a credit score: http://massrealestatenews.com/fico-credit-scores-and-increasing-your-creditworthiness/
1 vote Share Flag Sat Sep 24, 2011 Financing in Greensboro
Tom Bailey, Real Estate Pro in Greensboro, NC
Tom Bailey answered:
how do lenders calculate the pmi?
The cost of your PMI premium varies based on loan amount. In general, percentages between .5 and 1.25 can be expexted. PMI on a $100,000 loan could add $41.00 and $104.00 to monthly hou ... more
0 votes Share Flag Sun Jun 26, 2011 Financing in Greensboro
Karen Parson…, Real Estate Pro in Laguna Beach, CA
Karen Parsons-Fiddler answered:
I sold my house as take over payments & now I am unable to get a loan for a house since the orignal loan is still in my name, what are my leagal
Hi,

As the others have said...please contact an attorney. For a while land leases were popular ways to sell a home and this is exactly how it's done. You keep an unrecorded deed ... more
0 votes Share Flag Mon May 9, 2011 Financing in Greensboro
Dan Chase, Home Buyer in Texas City, TX
Dan Chase answered:
to buy a house!!
If nothing else mentioned below helps one idea might. Buy some credit. Take some money you have in a bank already and get a secured loan with it. That means you pay the bank to borrow y ... more
0 votes Share Flag Mon Dec 14, 2009 Financing in 27410
Len Montgome…, Real Estate Pro in North Carolina
Len Montgomery answered:
my husband is on wc. Will that income be counted for a mortage qualification as well as my steady income?
Hi Tynetta,

That is a tricky question without a clear answer. The short is, yes, it can be counted under certain circumstances and based on the policy of the individual lender. i wou ... more
1 vote Share Flag Mon May 18, 2009 Financing in Greensboro
Eleanor Warr…, Real Estate Pro in Cary, NC
Eleanor Warren Thorne answered:
What are USDA home loans and the pros and cons of having one?
You likely already have financing in place - but we are talking to tons of people in North Carolina who are being told that there's no more USDA Home Loans available! Not True! W ... more
0 votes Share Flag Wed May 6, 2009 Financing in Greensboro
Larry Story, Real Estate Pro in 27408
Larry Story answered:
We found a home seller who has agreed to pay the termination fee of our apartment lease, which ends July 31.
Elizabeth,
I am guessing that the seller is probably paying the closing costs also. The problem is that a seller can only contribute a certain percentage back to the buyer with the ne ... more
0 votes Share Flag Sat Jan 24, 2009 Financing in 27409
1 2
Search Advice

Followers

360
Email me when…

Learn more

Meet the Trulia VIPs
Charlie Hudson Jr, Broker in 27282
Charlie Hudson Jr
Broker
27282
Amanda Jordan, Broker in Winston-Salem
Amanda Jordan
Broker
Winston-Salem
Janice McCulloch, Broker in 27403
Janice McCulloch
Broker
27403
Home > North Carolina > Guilford County > Greensboro > Financing in Greensboro
Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer