Financing in Allentown : Questions & Answers

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Rob Mahon, Real Estate Pro in Blue Bell, PA
Rob Mahon answered:
Anyone doing Owner Occupied in PA with private money? Need 50 Ltv for short term till I can refi them into perm loan.
Look for Hard Money leanders
Like HomeloanWholesale
0 votes Share Flag Fri Jul 8, 2011 Financing in Allentown
Brasbury, Home Buyer in Allentown, PA
Brasbury asked:
what to do about a loan from phfa to repair house and the job is bad? have a loan with phfa to repair house and they did such a terrible job that I told them to stop. I really would like someone from PHFA to come and look at the work. For the amount of the…
0 votes Share Flag Tue Mar 1, 2011 Financing in Allentown
Rudy R. McDo…, Real Estate Pro in Bloomfield Hills, MI
Rudy R. McDowell answered:
Help with FHA mortgage and refinancing.
Hi, Rondokye

In all my years of doing FHA mortgages, I've never heard of such a thing. You have been misnformed. As a result of your life change, you neither have to sell or r ... more
1 vote Share Flag Wed Feb 16, 2011 Financing in 18102
Matthew Tetl…, Real Estate Pro in Michigan
Matthew Tetloff answered:
Prepayment clause
No not all loans come with a prepayment clause. Every state has a limit on what can be charged as a prepayment, check with your state. I have seen many different forms of prepayment pen ... more
0 votes Share Flag Fri Oct 9, 2009 Financing in 18102
Dan Castagna, Real Estate Pro in Mount Laurel, NJ
Dan Castagna answered:
My house was appraised at 163000 in 3/09..our credit score at 742 wasn't good enough for wells Fargo to refinance us after a 4 month wait. Now
Jim,

I wouldn't mind reveiwing your situation to see what can be done, but why did Wells Fargo reject your loan? Was it because your wife lost her income and the debt ratios ar ... more
0 votes Share Flag Mon Sep 28, 2009 Financing in 18104
Fran And Mark…, Real Estate Pro in Yardley, PA
Fran And Mark Redding answered:
Can a realtor tell me what lender i have to use.?
Mars1969

No fiind a new agent
0 votes Share Flag Fri Aug 14, 2009 Financing in Allentown
Lori Lewis, Real Estate Pro in Bethlehem, PA
Lori Lewis answered:
If a home is gifted free and clear to a relative and they are in title less than one year....
When borrowers have been deeded to title less than 12 months and there was not a bona-fide sale (no sales price in the case of a gift or inheritance, etc.), new FHA refinance loan is li ... more
0 votes Share Flag Fri Dec 5, 2008 Financing in 18104
Voices Member,  in
Voices Member answered:
Anyone still doing stated income refinances at 70-70%LTV?
I work with a federally chartered credit union, and I would love to help with your mortgage needs. Email me, and let's discuss!

MSmith@PrecisionFundingUSA.com



I am On Line ... more
0 votes Share Flag Tue Dec 2, 2008 Financing in Allentown
Lori Lewis, Real Estate Pro in Bethlehem, PA
Lori Lewis answered:
Is it a good idea to finance your closing costs? I am looking to get a home equity will I qualify less?
If its a purchase you can't roll in closing costs. The loan amount is based on the appraised value or the purchase price, which ever is lowest. (USDA loans have options to roll in clos ... more
0 votes Share Flag Sun Nov 30, 2008 Financing in Allentown
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