Financing in 97030 : Advice

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Robyn Jones, Real Estate Pro in Portland, OR
Robyn Jones answered:
My son is pre-qualified for an owner occ FHA loan of $150k. Can a duplex, triplex or 4-plex count for an owner occupied FHA low down payment loan?
Yes absolutely , he would need to occupy one of the units himself. This actually is a wonderful way for these first time buyers to own and get assistance in paying for the mortgage with ... more
0 votes Share Flag Mon Dec 10, 2012 Financing in 97030
Chris Lefebv…, Real Estate Pro in Methuen, MA
Chris Lefebvre answered:
Owe 165K on my home with no equity. Want to get a 2nd home, combined inc. of 80K with 700 cr. How difficult would it be to get a 2nd 100K loan?
Tyrone, I suggest that you contact some mortgage brokers and see what they say. You may not necessarily want them to run your credit now, just explain you situation and see what progra ... more
0 votes Share Flag Sat Oct 8, 2011 Financing in 97030
Linda S. Cef…, Real Estate Pro in Oak Creek, WI
Linda S. Cefalu answered:
My husband and I want to prepare ourselves for buying a home in about a year. Would taking a new job w/ slightly better pay be a good idea or is your?
Dear Newbie,

I'm not sure why you would want to wait a year. It is hard to answer without more information. But, my first answer would be to find an honest, qualified lender. ... more
0 votes Share Flag Wed Oct 13, 2010 Financing in Gresham
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