Use InBedrock.com to fully understand + analyze all real costs of homeownership, including purchase price, down payment options, closing costs (title insurance, bank fees, inspection/appraisal, legal), mortgage financing- interest rate, term, points, pre approval requirements, RE Taxes, HO Insurance, utilities/maintenance/condo fees, selling costs (broker commission, capital gains tax, state transfer taxes). InBedrock.com is educational, in-depth, easy-to-understand. Invaluable especially for serious first-time homebuyers. Find out exactly how much house you can afford, and if it is the smartest use of your $ compared to Renting or Investing alternatives. InBedrock.com... more
Thank you for your service John. Using your VA benefits is a wonderful opportunity to purchase a home. I can say most lenders approved to complete VA mortgages will be the same or very close in rates and costs. The key is what tyoe of service they offer during the mortgage process. USAA is great if you are comfortbale with them, i woudl speak to a local loan officer so you can compare their service though. If you have not purchased a home yet. I woudl love to assist you.
Why do the homes in Newfields cost less?Looking at homes in the Exeter area and I'm curious why the home values appear significantly less in Newfields than say, Stratham, when it seems they should be on par with one another location
They have combined above grade and below grqde s1urare footage. Please realize that they are however valued differently by an appraiser. My husband was an appraiser and hen I represent buyers I perform a market analysis for them on the home they are seriously interested in so that the value for each level is separated according to today's current appraisal value so you are not over paying for a home with combined square footage. If you are in the market for a home and want an experienced agent on your side please call, text or email me.... more
Casey is right & wrong. You'll want to talk to another lender (like me) but you absolutely can have more than one FHA loan at a time.
FHA guidelines are poorly "written" so you end up with lenders having completely different interpretations on what they are so you'll want to check with another lender.
If all else fails, you may need to refinance your rental property out of FHA and into a conventional loan and then buy your new home using FHA.
Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.
Please feel free to contact me for more information or help.
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank