Financing in 78702 : Questions & Answers

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Lora Herring, Real Estate Pro in 78701
Lora Herring answered:
Is it possible to get a direct loan from the VA?
John, I didn't say brokers have better rates, I was trying to state that going to the bank instead of a broker does not always save you money. This has been my experience over man ... more
0 votes Share Flag Thu Jun 9, 2011 Financing in 78702
Steve Fergus…, Real Estate Pro in Austin, TX
Steve Ferguson answered:
Must 203K qualifying property be at least a year old? If so, are there similar loans w/o that requirement?
I want to clarify my previous answer as many new homes do qualify for this program. Here are the exact words regarding the FHA 203K loan from FHA guidelines:

"Purchase and rehabilit ... more
0 votes Share Flag Fri Aug 14, 2009 Financing in 78702
Betina Forem…, Real Estate Pro in Austin, TX
Betina Foreman answered:
are conventional loans still available for acquisition/rehab of residential property?
Dear CC,
Nick tol me you called. I hope this loan works out for you. Please give me a shout if I may be of further assistance.
Sincerely,
Betina
0 votes Share Flag Sat Jan 24, 2009 Financing in 78702
Robert H. Ne…, Real Estate Pro in Austin, TX
Robert H. Nelson answered:
Financing for land/contruction
Construction loans, like other loans, are factored heavily by the borrowers credit score. You will probably find financing in the upper 6's to low 7's This type of financing is a bit ha ... more
0 votes Share Flag Thu Jan 22, 2009 Financing in 78702
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