Financing in Madison County : Advice

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Aaron Sims, Real Estate Pro in Birmingham, AL
Aaron Sims answered:
anyone else denied FHA loan because of unique property???
I would talk to a different lender. You should be able to use the same appraisal.
Best of luck!
0 votes Share Flag Wed Sep 18, 2013 Financing in Huntsville
Voices Member,  in
Voices Member answered:
Is there any lenders who willapprove ahouse loan if already own a house and delinquent on the second mortgage?the fist mortgage being paid
You should check with a local mortgage company or bank for that specific information. Realtors are not experts on finance but do have a good working knowledge of the process and know ... more
0 votes Share Flag Fri Dec 14, 2012 Financing in Huntsville
Ron Thomas, Real Estate Pro in Fresno, CA
Ron Thomas answered:
Average price per square ft to build in meridianville alabama
You could built there for exactly $223 per square foot,

plus or minus $200 per square foot.

Surely, you are not serious!
There are just too many variables in this equation.
Cont ... more
0 votes Share Flag Tue May 29, 2012 Financing in Meridianville
Scott Butcher, Real Estate Pro in Austin, TX
Scott Butcher answered:
What are the new qualifications for FHA for someone who had a shortsale 2 years ago?
In the eyes of a Lender, a 'short sale' is viewed the same as a 'foreclosure' in that the original 1st lien lender did not recover 100% of their principal amount bac ... more
0 votes Share Flag Fri Dec 14, 2012 Financing in Huntsville
Mary W Jones, Real Estate Pro in 35810
Mary W Jones answered:
Also have Chase/GNMA mortgate. Don't qualify for Chase's refi due to low payment/income ratio. Any hope that GNMA will join the MHA?
We all have been hit by this market melt down but it has effected some more than other. Dont give up hope. I do understand you want to keep your house and you are heading toward the b ... more
0 votes Share Flag Sat Nov 13, 2010 Financing in 35810
David Dweck, Real Estate Pro in Miami Beach, FL
David Dweck answered:
what percentage of lease goes toward purchase on a leased home with option to buy?
That will depend solely on the contract you sign. Always have it reviewed by a Real Estate Attorney so he/she can tell you about the clauses. If you want to get easy access to attorne ... more
0 votes Share Flag Mon Nov 24, 2008 Financing in Harvest
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