Financing in 55421 : Advice

change location

cancel or

Activity

50
Ben Johnson, Real Estate Pro in Minneapolis, MN
Ben Johnson answered:
Will any local C.U./banks approve of a Re-fi on my current property, knowing it's only been 2 years since my short sale?
Depending on the rest of your financial situation Matt Stengle at RoundBank may be able to help you 651-463-8300. I have used him for unique situations in the past and he has done a gre ... more
0 votes Share Flag Wed Apr 10, 2013 Financing in Minneapolis
Charles Dail…, Real Estate Pro in Saint Paul, MN
Charles Dailey answered:
Are there any lenders offering doctor loans in Minnesota?
If you're looking for a lender that can lend on an employment contract and one paystub as opposed to waiting for 30 days in the position, I can help with that. I don't know of a specif ... more
0 votes Share Flag Mon Dec 15, 2014 Financing in Minneapolis
Donald James, Real Estate Pro in Edina, MN
Donald James answered:
the home i want to but is a fannie mae, the mls report say they only accept cash / rehab loans. i have a conventional loan. where do i go from here?
Talk to your professional Realtor and / or mortgage professional. With rehab loans it is very important to deal with professionals who have done many of these. Call me if you have any ... more
0 votes Share Flag Thu Mar 21, 2013 Financing in 55407
Kevin McLaug…, Real Estate Pro in Murrieta, CA
Kevin McLaughlin answered:
Best option for the long term?
Speak with your lender and ask for a payment comparison - specifically look at the mortgage insurance you will be paying because you aren't putting 20% down.

Good Luck!

Kevin McL ... more
0 votes Share Flag Thu Jan 24, 2013 Financing in Minneapolis
Matt Brown, Real Estate Pro in Minneapolis, MN
Matt Brown answered:
My Fiance wants to buy a house for $140000 using an FHA loan but he only has 1 yr job history and credit score of 640
Hi Alex,

It is possible to qualify for a loan given your current situation. Even though Wells Fargo will not approve your fiance that does not mean that another lender won't as well ... more
0 votes Share Flag Tue Apr 16, 2013 Financing in Minneapolis
Michelle Gon…, Real Estate Pro in Cerritos, CA
Michelle Gonzalez 562-572-5224 answered:
Is it possible to get a home equity loan with poor credit and a paid off home. My husband and I make around 4000 per month.
It can be possible. Why is your credit poor? If you owe collections, you may be required to pay them off before the lender will allow you any credit.
0 votes Share Flag Tue Nov 26, 2013 Financing in Minneapolis
Fred Glick, Real Estate Pro in Los Angeles, CA
Fred Glick answered:
Can I refinance mortgage loan on home if I had a foreclosure on other home 8 months ago?
Sorry Dobie,'

That is impossible under today's credit standards.
0 votes Share Flag Wed Dec 5, 2012 Financing in Minneapolis
Lenny Frolov, Real Estate Pro in Minneapolis, MN
Lenny Frolov answered:
I paid cash for a HUD home. Do the owner occupant requirements still apply?
Yes the requirements still apply regardless if you paid cash or got financing. HUD accepted your offer based on the assumption you will occupy, they may have went with a different offer ... more
0 votes Share Flag Thu Oct 9, 2014 Financing in Minneapolis
Ken Graczak, Real Estate Pro in 55344
Ken Graczak answered:
What are the best Home Mortgage Options for Primary Residence $460K with 5% down and a 800 Credit and $11K monthly income in MN?
If you can get the loan down to $417,000 you will have a better loan and more options. This would require more than 5%.
0 votes Share Flag Tue Oct 30, 2012 Financing in Minneapolis
Cameron Piper, Real Estate Pro in Minnesota
Cameron Piper answered:
Appraisal missing information; underwriter conditioning more items; closing delayed for the third time. Help!
Markie,

The last thing that you want to hear right now is that what you are experiencing is normal, but it is. As frustrated as you may be, things happen in real estate and there is ... more
0 votes Share Flag Wed Dec 5, 2012 Financing in Minneapolis
Ravit Berg, Real Estate Pro in Apple Valley, MN
Ravit Berg answered:
We have been renting for 2 years and decided we want to purchase our first home, he has some charge offs, will this effect us getting a loan?
I have an excellent loan officer that can help you for sure. She is the best!
If you are interested, email me or call me, my contact information is below.

Thank you Ravit.

My con ... more
0 votes Share Flag Mon Oct 8, 2012 Financing in Minneapolis
Christopher…, Real Estate Pro in Saint Paul, MN
Christopher Block answered:
I'm looking for lenders that can lend to an LLC. Suggestions? Thanks!
Try contacting this guy Charles Daily. I have pasted his profile link below.

Thanks!
0 votes Share Flag Sat Jul 28, 2012 Financing in Minneapolis
Mary Jo Quay, Real Estate Pro in Minneapolis, MN
Mary Jo Quay answered:
2 years out of Ch7, Home included in BK. Looking to purchase this summer. Options?
Hi Eric,

Two years after a Chapter 7 discharge, you can apply for an FHA loan.
You'll need to rebuild your credit to a minimum of 640, but you'll want it higher to get better rates. ... more
0 votes Share Flag Mon Sep 24, 2012 Financing in Minneapolis
Jennifer Hen…, Real Estate Pro in Minneapolis, MN
Jennifer Hennemuth answered:
Can you qualify for a mortgage if one spouse has a credit score of 716 and the other 515?
You should speak to a loan officer specifically about this. 500 scores are low and most lenders generally won't approve mortgages with 500 range scoring; however, a lender/banker w ... more
0 votes Share Flag Mon Jun 18, 2012 Financing in Minneapolis
Fred Glick, Real Estate Pro in Los Angeles, CA
Fred Glick answered:
How long does a person have to commit to owner occupancy?
It's all about the intent to owner occupy.

Just remember that mortgage fraud penalties are $1,000,000 fine and/or 30 year in the slammer.
0 votes Share Flag Mon Jun 18, 2012 Financing in Minneapolis
Michael Emery, Real Estate Pro in Minneapolis, MN
Michael Emery answered:
what is the closing cost on $185k property with FHA loan?
Without knowing your specifics, generally closing costs come in at around 3 percent of purchase price. But it could be higher if you purchased points to buy down the loan. Usually on th ... more
0 votes Share Flag Tue Jun 11, 2013 Financing in 55429
Joe Niece, Real Estate Pro in Minneapolis, MN
Joe Niece answered:
have a foreclosure from 6 months ago,(was a rental) Can I get a loan for new home with 75% downpayment?
There is nothing that says you can not get a loan or buy a home after a foreclosure. You just can't buy one from a lender that sells their loans to Fannie and Freddie. I would tr ... more
0 votes Share Flag Wed Apr 4, 2012 Financing in 55441
Frank D'Ange…, Real Estate Pro in Minneapolis, MN
Frank D'Angelo, ECOBroker answered:
Bankruptcy discharged 2009.. House not foreclosed yet, no short sale or deed in lieu option. I want to buy a house, advise?
Wow R.
There are several areas of concern that require more information and disclosure from you.
I don't think many might come out and make specific recommendations or provide an ... more
0 votes Share Flag Wed Mar 28, 2012 Financing in Minneapolis
Scott Godzyk, Real Estate Pro in 03109
Scott Godzyk answered:
I have a very low credit score and have been working thru a temporary ageny for well over the last year and a half. Can I get a home loan?
The only true way you will be able to get a mortgage is to meet with a local and trusted mortgage broker, they can prequailify you at no cost, they will look at your credit plus your fi ... more
0 votes Share Flag Wed Mar 28, 2012 Financing in 55411
Rob Weber, Real Estate Pro in Chicago, IL
Rob Weber answered:
FHA credit guidelines, what small lenders would you recommend for credit scores 620-640?
FIRST ANSWER
A great many FHA lenders will do loans at 620 and higher and some lower than 620. Is there a specific reason you're looking for a small lender or is it just that you ... more
0 votes Share Flag Wed Oct 26, 2011 Financing in Minneapolis
1 2 3
Search Advice

Followers

456
Email me when…

Learn more

Meet the Trulia VIPs
Kelly Wrobel, Agent in Eden Prairie, MN
Kelly Wrobel
Agent
Eden Prairie, MN
Kurt Nowacki, Agent in 55418
Kurt Nowacki
Agent
55418
Geoffrey Serdar, Agent in Edina, MN
Geoffrey Serdar
Agent
Edina, MN
Elizabeth Sibet, Agent in Minneapolis
Elizabeth Sibet
Agent
Minneapolis
Home > Minnesota > Anoka County > Minneapolis > 55421 > Financing in 55421
Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer