Financing in Lodi : Advice

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Shel-lee Dav…, Real Estate Pro in 90274
Shel-lee Davis - BRE #01817412 answered:
Problem with FHA loan on a Condo that does not meet all condtions
Eric:

I am not a loan professional, so I can only go by what I have heard. If a project cannot get FHA spot approval then it cannot get HUD approval. So you may not be able to use ... more
0 votes Share Flag Wed Jun 17, 2009 Financing in 95240
George Kinin…, Real Estate Pro in Stockton, CA
George Kininmonth answered:
I PURCHASED MY FIRST HOME SEPT '08. SINCE THE RATES HAVE DROPPED , CAN I REFINANCE IT SO EARLY?
Ken,

Good question. The big question: Do you have equity? You cannot refinance if you owe more than the house is worth.

Example: If you purchase a home for 200k with 10% down ... more
0 votes Share Flag Tue Mar 24, 2009 Financing in Lodi
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Blake Cundick, Broker in 95240
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Joseph Overley
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