Financing in Carson : Advice

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Michael Magaw, Real Estate Pro in 90505
Michael Magaw answered:
Does anyone know anything about the success of the Department of Justice new Principal Reduction programs for underwater mortgages?
I do know of a few programs run through non-profit corporations that allow for principal reduction. Contact me for details.
0 votes Share Flag Sun Sep 2, 2012 Financing in 90746
Sabrina Garr…, Real Estate Pro in Moorpark, CA
Sabrina Garrett Simpson answered:
I need a lender to finance a house I want to buy.I dont have a downpayment but I have a permanent job.Also I have a VA loan eligibility
If you have VA loan eligibility you can get a VA loan just about anywhere. Wells Fargo and Bank of America have VA programs. Are your a first time buyer? This is a great market for v ... more
0 votes Share Flag Mon Aug 29, 2011 Financing in 90745
Voices Member,  in
Voices Member answered:
Is there an age limit for homeowners who wish to refinance with a fixed rate?
Hi Joyclyn, no there is not an age limit factored into the refinancing or purchase processes as that would be discriminatory behavior. The traditional factors are reviewed-debt to inco ... more
0 votes Share Flag Thu Sep 26, 2013 Financing in 90746
Carl Henker, Real Estate Pro in 95928
Carl Henker answered:
I was approved for a hardmoney loan some months ago with a 11% interest rate my fico scores went up 25 points ther after,Will i beable to get a better
Deoends on where your FICO is now. Is it over 620? Can you document your income? Many factors will impact your ability to obtain a conventional loan.
0 votes Share Flag Sun Jan 24, 2010 Financing in Carson
Carl Henker, Real Estate Pro in 95928
Carl Henker answered:
What is the document that clients sign,that has their beneficiary?
Did they have the property in a Trust or is he just the beneficiary of their will? If he was in title on the house he would be on the deed which sounds like it is not the case. You wi ... more
0 votes Share Flag Thu Dec 24, 2009 Financing in Carson
Rebecca Cham…, Real Estate Pro in Palos Verdes Estates,...
Rebecca Chambliss answered:
My husbands mom and dad had a reverse-mortgage about 14 months ago,unfortunately they passed away His parents told him your beneficiary on the house,
I would suggest you hire a Realtor to help you through this. The bank who did the reverse mortgage has a loan on the house and so they must be paid back when the house is sold. Your r ... more
0 votes Share Flag Wed Sep 18, 2013 Financing in Carson
Sandy Shores,…, Real Estate Pro in Melbourne, FL
Sandy Shores, Broker answered:
We make around 75000 per year do you think we can afford a house in south bay.
Hi Yoruba,

You may want to start by using the How much house can I afford calculator on the CNN money website. Then, co ... more
0 votes Share Flag Mon Apr 18, 2011 Financing in 90745
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