Financing in Logan Square : Real Estate Advice

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Daniel Mirea, Real Estate Pro in chicago, IL
Daniel Mirea answered:
Can I get an FHA mortgage on a "fixer upper"?
How do you buy a fixer-upper with an FHA loan?

Find a lender approved to do 203(k) loans. Shop with several to get a great mortgage rate. Get your mortgage application approved and g ... more
0 votes Share Flag Sat Sep 21, 2013 Financing in Logan Square
Rob Weber, Real Estate Pro in Lisle, IL
Rob Weber answered:
Apprailal found to be worth more than I paid. Can I get rid of PMI?
Jeff's answer is correct. Without refinancing, you will not be able to get your PMI to go away prior to the earliest date in your PMI disclosure. Also, if you decide to try to re ... more
0 votes Share Flag Tue Mar 9, 2010 Financing in Logan Square
Chris Covalle…,  in Chicago, IL
Chris Covalle MBA, CPA answered:
Where are the best deals for 30yr fixed mortgages for a good borrower?
Hi Keith,

I am a local lender located in Lincoln Park and would be happy to help address your financing questions. Rates are a moving target so it really depends on when you are loo ... more
0 votes Share Flag Mon Dec 8, 2008 Financing in Logan Square
Will,  in Atlanta, GA
Will answered:
do the same mortgage rates apply to 203(k) loans (e.g. do jumbo rates apply to 203(k) loans over $417K)?
The rates on the higher balance 203k are currently showing an .125 higher than the conforming 203k.
0 votes Share Flag Sat Jun 28, 2008 Financing in Logan Square
Greg Zaccagni,  in Illinois
Greg Zaccagni answered:
Jumbo loan for a 3-4 flat investment property on Chicago's north side.
Christopher did an excellent job with your question but I believe he is suggesting FHA programs which require documented income& owner occupancy. If you require stated income you will ... more
1 vote Share Flag Sat Nov 3, 2007 Financing in Logan Square
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