Financing in Manalapan : Advice

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William Troy, Real Estate Pro in Toms River, NJ
William Troy answered:
Hello, My name is Lorenzo. My, Wife and I are looking too buy a piece of land and hopefully build a modular home on it. How do I go about doing so?
Hi Lorenzo, how are you? I have a few pieces of land for sale we can discuss. Shoot me an email when you can and I will send the info. You can purchase a short sale, depending on the li ... more
0 votes Share Flag Wed Dec 7, 2011 Financing in Manalapan
Dan Tabit, Real Estate Pro in Sammamish, WA
Dan Tabit answered:
Can you use a line of credit against your current home to buy a new one?
Anna,
You would likely qualify for a new mortgage against the new home. Rates on purchase loans are typically lower than on cash out refinances. I would just plan on setting up a ne ... more
0 votes Share Flag Sat Oct 29, 2011 Financing in Manalapan
Heather Dacc…, Real Estate Pro in Monmouth County, NJ
Heather Daccurso answered:
FHA Spot Approval - how difficult is it to get?
Hi Mona,
I am not sure how easy it will be to get an FHA mortgage for this condo community. Attached is a link from the Housing and Urban Development website showing all the criteria ... more
0 votes Share Flag Tue Mar 30, 2010 Financing in Manalapan
Other/Just L…, Other/Just Looking in Fleming Fitch Grant,...
Other/Just Looking answered:
How many times can a buyer lock an interest rate on a new construction,for a mortgage?
Lender answer:

Generally speaking, you may lock an interest rate once.

When you lock a rate, you are asking the lender to make a commitment to deliver your loan upon closing into ... more
0 votes Share Flag Wed Dec 7, 2011 Financing in Manalapan
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