Alina Kanevsky

Hey Marion,
My name is Alina and i'm a mortgage banker locally here in philadelphia. I would love to talk to you and give you better adivce but i would need to know more information regarding your situation. You can contact me either by email or on my cell if you are intereested.
Thank you,

Alina Kanevsky
Lending Specialist

Mid Atlantic Capital
405 Kings Highway South
Cherry Hill, NJ, 08034
Phone: 856-429-2207
Toll Free: 800-232-5171 ext. 501
Fax: 856-429-4118
Cell: 267-474-8050

Email: akanevsky@midacap.com
Web Address: http://www.midacap.com - Thu Oct 2 2008, 11:34

I'm a philly local and have lived in the city for the past 7 years so i know the area very well. i actually curretly live about 5 minutes from where the condo you are interested in. The price they are asking for is quite good especially for hte square foottage and the upgrades however the real-estate agent or the mortgage person you are dealing with should have an appraiser comp-check the property first because no matter what they number one goal should be in getting you the best deal out of it. No matter what the asking price is it is the buyers market and you have the right to negotiate. If you have any questions regarding the loal areal in the city feel free to contact me any time and i'd be happy to advise you.
Thank you,

Alina Kanevsky
Lending Specialist

Mid Atlantic Capital
405 Kings Highway South
Cherry Hill, NJ, 08034
Phone: 856-429-2207
Toll Free: 800-232-5171 ext. 501
Fax: 856-429-4118
Cell: 267-474-8050

Email: akanevsky@midacap.com
Web Address: http://www.midacap.com - Thu Oct 2 2008, 08:57

Hello
My nameis Alina and i'm a local mortgage banker and there are a few different ways you can finance this type of trasaction without getting stuck with a higher jumbo rate however it all depends on you situation for your financing.( for example: if you can show your income or you are self employed and you have to go state income and verrified assets). I also have rates for jumbo mortgages that i get from wallstreet for clients who's credit and income fits the finnacing so they are able to obtain jumbo mortgages with rates as low as conforming mortgages. if you are interested in discussing this more i'd love to do so.
Thank you,

Alina Kanevsky
Lending Specialist

Mid Atlantic Capital
405 Kings Highway South
Cherry Hill, NJ, 08034
Phone: 856-429-2207
Toll Free: 800-232-5171 ext. 501
Fax: 856-429-4118
Cell: 267-474-8050

Email: akanevsky@midacap.com
Web Address: http://www.midacap.com - Tue Sep 16 2008, 05:37

Hello,
My name is Alina, i'm a center city local and i work in the lending department for a bank locally. There is many ways to answer your question because whether the loan is jumbo or not can also depend on the loan program, whether its a bank or a portfolio loan and whther the loan goes through fannie may or fha financing. i would be happy to go over a number of options you would have available to you. you can contact me though email (akanevsky@midacap.com) or on my direct line at 267-474-8050.
thank you,
Alina kanevsky - Tue Jun 24 2008, 10:48

in responce to Carol...we are approved for those programs and I did not mean to give any scare tactics at all I just wanted to be honest. I see too often people people get their hopes up and then let down with those programs so i want to make sure that people understand that even though they are there it is not easy to obtain one, especially in the way banks operate currently since everything gets scrutinised tenfold. There are amny other financing options to still make a great deal for 1st time with-out going through those programs which is all that i was trying to really say. Buying a home for the 1st time is an incredible stressfull experince and I'm a believer in making things easier in ways where they can be. - Sun Sep 14 2008, 15:27

Hey Valerie,
to counteract on what the Carol is saying because i am a Banker and a Broker so i know it from both ends... and i have many friends who work in banks and who are real-estate agents and have sent many of my clients to non-profit organizations such as NACA to obtain loans when they cannot get regular financing through fannie mae or fha ( where i have no compensation for at all because its more important for me for the client to get what they need, whther i get compensated or not, since them knowing i looking out for them and their best interests in more important in the long run....thats how one grows their referral business). These prgrams are there but as i said it is incredibly hard to obtain them so i tell people that if you can afford to put down 3 % and get approved with fha, fha will allow you to obtain up to 6%sellers assits ( this is where having a good real estate agent negotiate for you comes into place) that money can be used to pay for the closing costs and/or escrow for fixing things up. Those grants are there but very hrad to obtain and i've seen banks hold up loans for months and months at a time to then just turn the loan down because they didnt want to fund it with those types ofgovernment grants ( meanwhile the person risks looking a property they might really love) - Sat Sep 13 2008, 09:27

Valerie,
let me explain with my answer previously below by what Carroll was stating....those grants and programs are there but banks do not line to appoove them so you can apply for them but getting them is incredibly hard. So if you are someone ho can qualify for an FHA, Fannie Mae, or Freddie Mac loan you would be benefiting jsut the same. Those grants and special loans they state are for 1st time homebuyers are there nad have to be there for legal reasons ( no bank wnats to be sued) however banks put insane restrictions since they do not want to grant them. For example, Neohmaya and Ameridream foundation are 2 government down payment assistance programs that would in theory provide 3% down assistance for home buyers so if that homebuyer can qualify for an FHA loan at 97% loan to value then they would be getting 100% financing ( sounds great right). Banks protested however for legal complications ( not wanting to be sued) they couldnt not just not accept these programs. So they made minimum credit scores and other varrying complicated requirements so that if was incredibly hard for homebuyers to attain such financing. These programs are now being completely shut down as of this coming Dec. - Fri Sep 12 2008, 05:00

Dear Valerie,
I'm a mortgage banker and i work with a local company, however I must tell you that there really isnt any special 1st time homebuyer programs in the idea that you might be thinking off of. For example, the new policy that came out where 1st time home buyers will be receiving $7500 back on their tax right off, however, if you break that down, in the end you are still paying for it. There are many great programs regarding Fannie Mae or FHA lending that have many options for 1st time home buyers but all those things depend on your personal situation since each case is different and is acessed in accordince to risk factors for the bank and the borrower. I'll be more the happy to talk to you and advise you any way I can if you are interested.


Thank you,

Alina Kanevsky
Lending Specialist

Mid Atlantic Capital
405 Kings Highway South
Cherry Hill, NJ, 08034
Phone: 856-429-2207
Toll Free: 800-232-5171 ext. 501
Fax: 856-429-4118
Cell: 267-474-8050

Email: akanevsky@midacap.com
Web Address: http://www.midacap.com - Thu Sep 11 2008, 16:32

Hello Michael,
To answer your question properly one must know what are your investment options and financing otions to see what kind of investments you can make. Are you looking to flip? are you looking to hold and rent, and for how long? there are some great areas but that all depends on the above. if you are looking to invest and live yourself then i'd say northern liberties and fishtown, if you are looking to invest and rent out and hold for 5 years or more then those areas i mentioned before plus west northern liberties, parts of point breeze, fransciville and parts of fairmount. I work as a local mortgage banker and if you are interested in discussing this some more then feel free to contact me any time.


Thank you,

Alina Kanevsky
Lending Specialist

Mid Atlantic Capital
405 Kings Highway South
Cherry Hill, NJ, 08034
Phone: 856-429-2207
Toll Free: 800-232-5171 ext. 501
Fax: 856-429-4118
Cell: 267-474-8050

Email: akanevsky@midacap.com
Web Address: http://www.midacap.com - Thu Sep 11 2008, 16:56