Financing in 33914 : Questions & Answers

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TERRY MCCARL…, Real Estate Pro in Cape Coral, FL
TERRY MCCARLEY answered:
How do you finance a fixer upper?
I have an excellent lender that can assist you and can build the repair cost into your loan. Email me at leecountyrealtor@earthlink.net or give me a call at 239-707-4575 for more detai ... more
0 votes Share Flag Thu Oct 31, 2013 Financing in 33914
Ray Stevens, Real Estate Pro in Naples, FL
Ray Stevens answered:
Can I get approved for a conventional loan with my situation?
Rasha,

I heard back from my underwriting help desk. I am pasting their response below:


At a minimum, we would need filed tax returns showing a FULL 12 months with the present S ... more
0 votes Share Flag Tue Oct 29, 2013 Financing in 33914
Ray Stevens, Real Estate Pro in Naples, FL
Ray Stevens answered:
Is it possible to get mortgage approval with less than 2 years employment history with the same company?
If you were self employed in 2011, then what you were told is correct. You will need to show 2 years' of tax returns showing S/E income.

Additionally, they are going to average wh ... more
0 votes Share Flag Sun Oct 27, 2013 Financing in 33914
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