Financing in Evanston : Questions & Answers

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M, Real Estate Pro in Nevada
M asked:
Can newly transferred expats who are relocating to Chicagoland get a mortgage right off the bat? I have clients inquiring about buying a home due to a corporate transfer. Can they get a residential mortgage for the house they want to live in for the next few years? No prior credit…
0 votes Share Flag Fri Apr 10, 2015 Financing in Evanston
Emilie, Real Estate Pro in Evanston, IL
Emilie answered:
How much time you need to wait to be approved for Downpayment assist and/or First Time Home Buyer in Evanston?
After you submit your Eligibility Form you are notified within ten days whether or not you are eligible for the program. It is more like you are on the "waiting list" after you have bee ... more
0 votes Share Flag Thu Jul 16, 2009 Financing in Evanston
Luke Allison, Real Estate Pro in Asheville, NC
Luke Allison answered:
Lenders allowing 10-15% down payment for strong cash flow investment property in Evanston?
None that I know of. Simply because there is no mortgage insurance for investment properties right now. You will have to put 20% down. Sorry.

Luke Allison
Flagstar Bank
828-777- ... more
0 votes Share Flag Thu Dec 18, 2008 Financing in Evanston
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