I do not suggest doing lease purchases. There are simply way too many things that can go wrong with one from either side.
In order to do true owner financing, the owner mus ... more
Conventional mortgage guidelines (i.e. Fannie Mae & Freddie Mac) will not allow a Cash Out Refinance when the borrower has more than 4 financed properties. Fannie Mae howev ... more
I work with several lenders and they say no. You must contract the work to licensed contractors.
I wish I had better news for you.
Best of luck,
K ... more
Sounds like it won't be a problem as his name wasn't on her condo loan. I would love to help you and your clients. Please contact me.
http://www.georgiamls.co ... more
Rather than shop for a lender willing to do a risky loan, which if they would, it would come with a higher rate and fees, why don't you resolve the dti?
The issues with deb ... more
These are subjective terms that can mean the same thing or something completely different. As a buyer, whenever I see that, I would suggest asking the listing agent ... more
For an FHA mortgage, most lenders require a 640+ credit score for the last 2-3 years now.
Prospect Mortgage is one of the few direct lenders to offer an FHA 580-639 FIC ... more
I suggest that the program for you is Dave Ramsey's Financial Peace University - pro ... more