Financing in Rockwall : Advice

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T.E. Sumner, Real Estate Pro in 75040
T.E. Sumner answered:
Refinance or Line of Credit?
When you re-finance with cash out to you, then your loan becomes what is called "cash-out" and some peculiar rules apply to it. Whenever you re-finance a cash-out, it stays a ... more
0 votes Share Flag Tue Mar 29, 2011 Financing in 75087
T.E. Sumner, Real Estate Pro in 75040
T.E. Sumner answered:
I want to buy a house in tx and would like to put a piece of land as collateral. (first time owner)
The land will be an asset, but it will not be used to determine your ability to pay the monthly mortgage payment. Having assets is good, but is not the determinant of income.

Your ... more
0 votes Share Flag Tue Dec 7, 2010 Financing in Rockwall
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