Financing in Cape Coral>Question Details

Asteroid, Home Buyer in Florida

finance availebel for first time home buyers ?

Asked by Asteroid, Florida Sun Apr 5, 2009

I am interested to buy home around cape coral area.
I have legal status in US. I belive my credit score is good (never late in repayment and credit limit upto 10000/- $ ) is reasonable good but due to family responsibility I have to stay out of US for most of time.So I do not have continuous employment record.
I can put 25-30 % down payment.Can I availe morgatege finance in this difficult situation from financial institute? If yes, Where can I get my papers process with less trouble ?
What is your experiance and openion?
Thank you in advance.

Help the community by answering this question:


Hello Asteroid,

Continuous employment history is not as important as having employment now. Unfortunately stated income or no document loans are a thing of the past. If you have employment now, and you debt to income ratios are in line (at least 50% or less) then you should be able to obtain financing. I'd be more than happy to go over your financing options with you further. Feel free to contact me at any time.

Joshua A. Lerette
Innovative Mortgage Services
0 votes Thank Flag Link Mon Apr 6, 2009
I recommend you speak to a mortgage expert, like Patti Wilson at 888-220-1025 or Kim Russo at 239-443-8359. Tell them I referred you and they will be able to answer your questions. I am a real estate expert and I don't proclaim to be an expert in mortgages, I always prefer people speak to someone who is up-to-date with all the changes in the mortgage industry.

Kate Painkin
Prudential Florida Realty
0 votes Thank Flag Link Sun Apr 5, 2009
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