Financing in Loudoun County : Real Estate Advice

change location

cancel or

Activity

27
bhavik123, Home Buyer in Aldie, VA
bhavik123 answered:
Are Title Charges and Government Recording and Transfer charges will be same and can be ignore when comparing the different mortgage lender?
Thanks you for your suggestion. It will help me deciding the lender
0 votes Share Flag Mon Mar 16, 2015 Financing in Aldie
Vjsshabi, Home Buyer in Sterling, VA
Vjsshabi answered:
What are good ways/sites to get BPO orders to do for a Realtor?
Have a nice day,

I want to do BPO orders from anyone company please give me the details.
0 votes Share Flag Wed Jul 2, 2014 Financing in 20165
The Spear Re…, Real Estate Pro in Ashburn, VA
The Spear Realty Group answered:
I was recently approved for deferred action and received my ead and my ssn, my question is: Can I get a loan to buy a house in VA?
Dear Paul,

This must be an exciting time for you and your family.

You may be able to purchase a home in VA using a loan product depending on your employment status and income to ... more
0 votes Share Flag Mon Jul 29, 2013 Financing in 20164
Brent Mendel…, Real Estate Pro in Rockville, MD
Brent Mendelson answered:
If a refinancing loan is approved but not yet closed, can the lender tell you that your rate lock has expired and you cannot close?
Yes even though that should NEVER happen it certainly could if the loan officer was not paying attention to the lock expiration dates. I would definitely speak to the loan officer's sup ... more
0 votes Share Flag Mon Jul 1, 2013 Financing in 20176
Thomas Young, Home Buyer in Phoenix, AZ
Thomas Young answered:
Can I finish a basement with a 203k loan??
From my experience with 203k loans, the best advice is to use a lender that offers assistance via third party with 203k processing.
This shortens the closing time by weeks. Try http:/ ... more
0 votes Share Flag Sat May 25, 2013 Financing in 20176
Elliott R. O…, Real Estate Pro in McLean, VA
Elliott R. Oliva answered:
Mother and sister are disabled.I take care of them. My mom heard of home financing program for people who are disable.Anybody know about it in NoVa?
If you could tell me what area(s) you are looking to buy in I can put together some detailed information as to what loan programs are available. There are 2 or 3 no money down programs ... more
0 votes Share Flag Sat Feb 9, 2013 Financing in Sterling
Julie Gray-R…, Real Estate Pro in Reston, VA
Julie Gray-Roller answered:
Investment Condo -- Condo Questionnaire -- Condo docs does not specify Number of units reported as Investor/rentals ?
Hello:

I would definitely contact the condo association for more detail on the ratio of owner occupied to investor properties within the condominium. Lenders do require that informa ... more
2 votes Share Flag Sat Jan 12, 2013 Financing in 20148
Julie Gray-R…, Real Estate Pro in Reston, VA
Julie Gray-Roller answered:
Refinance with cash-out; If I have home which is fully paid for. If I want to use the equity in the house. What is the max % that I could take out ?
I assume you plan to purchase another property when you cash out? Since this is an investment property and is fully paid that is for you can take out as much as you wish. The condomi ... more
0 votes Share Flag Sat Jan 12, 2013 Financing in 20148
Brent Mendel…, Real Estate Pro in Rockville, MD
Brent Mendelson answered:
Hi I have a ratified contract, I'm looking for lenders who offer 80-10-10 option. The house price is more than 550K but less than 600K.
Kahnkmr007,

Most lenders don't offer the program you want. Nick does and it's good to have options. I don't know him personally but he has a good reputation in our local lending area ... more
0 votes Share Flag Thu Aug 30, 2012 Financing in Ashburn
Brent Mendel…, Real Estate Pro in Rockville, MD
Brent Mendelson answered:
what are the Bank Fees for a mortgage ?
We charge $875 per home as our bank fee for processing your loan. That includes our underwriting, processing, flood cert and tax service fee. Some lenders are slightly more, some are sl ... more
0 votes Share Flag Wed Jul 27, 2011 Financing in 20147
Brent Mendel…, Real Estate Pro in Rockville, MD
Brent Mendelson answered:
I want to refinance from FHA(taken in 2011) to Conventional(pay down LTV to 78%) to avoid PMI. Will i get any refund from upfront MPI.?
Nick,

Thanks for the back up. And good point on looking at all options including not paying down the loan but getting MI over 80%. Now you have some options from which to choose.
0 votes Share Flag Sun May 22, 2011 Financing in 20152
Mike  O'Hara,  in Leesburg, VA
Mike O'Hara answered:
Loudoun is not represented as a service area for the NACA program. Are there any Loudoun Realtors that are NACA certified in Loudoun County VA?
Thanks Michael, but I knew all of that. I wanted to know about Loudoun specifically. As I mentioned, LO does not appear as a service area, even though Mont Co MD, FX CO and Manassas do. ... more
0 votes Share Flag Sun Apr 3, 2011 Financing in 20175
John Burke, Real Estate Pro in ELK CITY, OK
John Burke answered:
What's todays market rate for a 30 year mortgage in ashburn area? Where can I find that ion your website?
Hi Rclie,

I'll just add that the rate will also depend on the type of mortgage you need/want. The rates will vary from loan program to loan program ( FHA vs Conventional, FHA va ... more
1 vote Share Flag Thu Nov 18, 2010 Financing in Ashburn
Paul Anderson, Real Estate Pro in leesburg, VA
Paul Anderson answered:
Is PMI based of the sale price or the houses appraised value?
The PMI will be their loan amount.
Same for purchaser's
0 votes Share Flag Mon Nov 8, 2010 Financing in 20165
Dan Tabit, Real Estate Pro in Issaquah, WA
Dan Tabit answered:
Does an intrest only5/1 make sense if you are looking for a way to stay in your home and plan on moving in 4 years?
@Robin,
I stand corrected. I show one lender who doesn't offer it, but another only charges .5 adjustment on 3,5 & 7 year adjustment.
Babs, this means that you'll pa ... more
0 votes Share Flag Sun Nov 7, 2010 Financing in 20165
Thom Colby, Real Estate Pro in Irvine, CA
Thom Colby answered:
i puchased a home and the mortgage company just recently told me if they can't sell the loan they will call the loan. How can they do that?
Faith -

You've recieved some terrific answers - I agree you shoudl go see an attorney familiar with lending practices in your state.

Now, let me add a little tidbit that no o ... more
1 vote Share Flag Mon Aug 30, 2010 Financing in Sterling
John Burke, Real Estate Pro in ELK CITY, OK
John Burke answered:
Better to payoff all debt or keep cash for down payment?
Hi Newtova,

You have a lot of excellent advice/answers so far.

There are several things that will probably influence which direction you'll want to.

What price range are y ... more
0 votes Share Flag Wed Jul 28, 2010 Financing in Ashburn
Nick Pakulla, Real Estate Pro in Rockville, MD
Nick Pakulla answered:
We would really like to refinance with the lower rates now, but we have lost substantial equity in our home since the market crashed. We have good
I would definitely recommend talking directly with your current lender.

For sure the easiest solution after that would be a FHA streamline refinance. In order to qualify for this, y ... more
0 votes Share Flag Sat Mar 6, 2010 Financing in Brambleton
Carl Henker,  in 95928
Carl Henker answered:
What is the interest rate right now for 422,000K loan if i only have 3.5% down and my credit score is good (around 750)? I want to borrow from FHA.
The max FHA loan for your county is $729,750 so you can expect to obtain a standard rate on and FHA loan. Look for rates just below 5% today depending on points or no points. The $417 ... more
0 votes Share Flag Tue Nov 10, 2009 Financing in 20165
1 2
Search Advice

Followers

154
Email me when…

Learn more

Home > Virginia > Loudoun County > Financing in Loudoun County
Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer