Financing in Napa County : Real Estate Advice

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Taj Weldon, Real Estate Pro in Tracy, CA
Taj Weldon answered:
I have poor credit (600-680) and 35K cash for a downpayment. Are funders available for me to purchase a home listed at about 80000?
Hi Axel,
Based on your score alone.I may be able to assist.

Please call me at your earliest convenience .

Taj Weldon
Re Agent
DRE 01816152
0 votes Share Flag Mon Apr 1, 2013 Financing in 94503
Michael Abram, Other/Just Looking in Los Angeles, CA
Michael Abram answered:
After a short sale, can you purchase another home right away as long as the new loan is not more then the old loan.

This is not accurate. Most conventional, FHA and VA lenders have a specified wait period for a short sale to be "seasoned" before considering lending a new loan to you. I do ... more
0 votes Share Flag Tue Apr 16, 2013 Financing in 94558
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
I am looking for a loan on a NOO for a family member in Norcal. I s anyone doing them for 10% or less down.
Probably not, we can’t get mortgage insurance (PMI) on investment properties, probably the same in your area. They can hypothecate something to make up the other 10%, I have cli ... more
0 votes Share Flag Thu Dec 3, 2015 Financing in 94558
Don Maher, Real Estate Pro in Woodland Hills, CA
Don Maher answered:
We were approved for a Fannie Mae loan but the lender denied us because of an incorrect default which isn't on our credit report. How can we be?
Hi Chris

What is the explanation that your broker gave you? I am curious how the mortgage appears on your credit report. Did you stop making mortgage payments during your loan modi ... more
0 votes Share Flag Fri Oct 29, 2010 Financing in American Canyon
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