you are asking the wrong people and you are the wrong person asking, this is a question for your loan officer or your bank to be asked by your customer. Legally you are not to represent any program or disclose any information on a program to your buyers. Federal Offense!!! FHA is garbage anyways. Number one foreclosed loan in the nation not to mention Mortgage Insurance. There are much better programs and if you can't find them or your customer doesn't qualify, then they shouldn't be buying. - Wed Apr 23 2008, 09:22
Hey Nick, you gave an answer to my 100% financing question and what you said makes sense for some cases but not all. Not every market in every area is declining and there are these things called equity builders. In other words thinking outside the box when making mortgage payments. Like getting set up on bi-weekly mortgage payments and paying fifty dollars more toward your mortgage each month instead of buying beer or realtytrac. That will get you down to about 14 years instead of 30, in terms of time. So your answer was no good. But thanks. If you want to know more about 0 money down and equity builders call me 937-576-2422 x4002 Charlie - Tue Apr 22 2008, 10:40
Not true on better the credit score better the rate in all cases. I have a program for 100% financing with a float rate at par (5.5-6% 30yrfixed) regardless of credit score. Give me a call, I'm located in Lancaster and do business all over the country. Charlie Wrightsel Top Flite Financial 937-576-2422 x4002 - Fri Apr 18 2008, 12:24
MVPs or 'Most Valuable Players' are key Trulia Voices members who have been contributing high-quality content throughout 2008 and providing valuable advice to consumers and real estate professionals.