Home Buying in Boston>Question Details

Buddudley, Other/Just Looking in Boston, MA

I am a long time retired RE broker from MA/ NH. Sold many homes VA 0 down in 50's 60's 70's. How has the requirments changed since then?

Asked by Buddudley, Boston, MA Mon Jun 10, 2013

Reason for ? A very personal friend, very qualified for a loan VA is told after the the signing of a real estate agreement that he had to provide a bank statement verifying 10K in sav. act for at least 3 mo.s even though the owner agreed to contribute up to 5 k towards closing.

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I would contact a few different mortgage brokers/lenders and see what they say. So many things have changed since those times.

Best Of Luck
0 votes Thank Flag Link Tue Jun 11, 2013
There is nothing that suprises me anymore.
0 votes Thank Flag Link Mon Jun 10, 2013
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