Eric - I hope that you have solved your problem. I was talking today with one of the most respected lenders in Lodi and we were talking about that condo development.
I know the investor, a doctor, who owns quite a few of the units. The lender who I was speaking with has made FHA loans in that complex this year. He has a good relationship with his underwriters and they can make this work.
You can contact me directly and I will give you the lenders name. It is possible with the right lender.
Steve Davis... more
You don't need equity for a streamline VA IRRL and the closing costs can be low if you shop around. With many lenders there is no requirement for the loan to be seasoned as long as you are current. Get some quotes you will be happily surprised.... more