Financing in Herndon : Real Estate Advice

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Sclozano38, Home Buyer in New York, NY
Sclozano38 asked:
I want to provide a review for a mortgage broker listed in your website. Can you tell me where I go on your website to add a review for a mortgage broker I used?
0 votes Share Flag Sun Jun 5, 2016 Financing in 20194
Sahar Bashir, Real Estate Pro in Washington, DC
Sahar Bashir answered:
I have score under 490. In search of good broker to help improve it so we can sell our townhome and then buy a single family.
I know a great lender that works with buyers whose credit score is below 500. They have been successful in getting them to close on properties. Please reach out to me s ... more
0 votes Share Flag Mon May 12, 2014 Financing in 20171
Erik Weissko…, Real Estate Pro in fairfax, VA
Erik Weisskopf,ABR,CDPE, answered:
Rental Property Cash out Refi
Some would say no...but many would say yes.

If you are looking for a a quality lender who thinks outside the box and does loans that make sense..let me know.

Another thing to co ... more
0 votes Share Flag Sun Nov 11, 2012 Financing in 20171
Gregorio Den…,  in San Diego, CA
Gregorio Denny answered:
va lender lowest score is 575
The credit score you stated does not disqualify you. Have you spoken to a loan officer in your state? Assuming you otherwise qualify, the credit score won't be a hindrance.
0 votes Share Flag Fri Jan 20, 2012 Financing in 20194
Jeanne Little, Real Estate Pro in Vienna, VA
Jeanne Little answered:
What is the best mortgage rate for 30 yr fixed loan with an average credit score of 787 for a property in 20171 zip code ?
Hello Suresh, Compiling all this information may be overwhelming but look closely at each entry. Take notes on each and be sure to ask your lender questions based on your notes. Toge ... more
0 votes Share Flag Mon Nov 14, 2011 Financing in 20171
William Pola…, Real Estate Pro in Boca Raton, FL
William Polack answered:
Is it possible to convert my HEL(Home equity loan) to HELOC on my investment property?
Andy is right although I think he misunderstood that your primary is now an investment property. That said, in order to "refinance" the HEL into a HELOC, you'll have to d ... more
0 votes Share Flag Tue Dec 29, 2009 Financing in Herndon
Russell Mahrt,  in Philadelphia, PA
Russell Mahrt answered:
203(k) Rehab Loan 203(b) Home Acquisition Mortgage Loan
Hi Manfredo,

When you buy your house you will get only one loan - either the 203(b) or the 203(k). The standard FHA 203(b) loan is for a house that is in fine living condition. The ... more
1 vote Share Flag Tue Aug 18, 2009 Financing in 20170
Abe Mills, Real Estate Pro in Greenville, SC
Abe Mills answered:
Verbal commitment to lender for home mortgage, locked interest rates.
Yes you can a verbal contract is un-enforceable. If you were to go test drive a car, you do not own it until you sign those papers!

Good Luck!
0 votes Share Flag Mon Aug 17, 2009 Financing in 20170
Mary Margaret…,  in Fairfax County, VA
Mary Margaret Gates answered:
If I lock-in mortgage rates for my first time home purchase financing, can the locked-in rate be
Sorry, I misread the effective date for the Housing & Economic Recovery Act- HERA. The effective date was July 30th, 2009. Thanks, Shawn, for the correction.

Mary Margaret
0 votes Share Flag Mon Aug 17, 2009 Financing in 20170
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