I would recommend speaking with a reputable local mortgage lender.
They will be able give you solid advice as to what "to do" and wha ... more
I asked our strategic partner, lender, Mr. Chase McLane at People mortgage and he said this: "they can get an FHA mortgage with 5% down and a foreclosure on their record however ... more
There can can up to 30 different criteria for quoting a rate. Bill gave you some good answers regarding anyone providing you an interest rate. You also mentioned that you(? ... more
Marie Wa ... more
I'm glad everything worked out for you. Merry Christmas.
Sr. Mortgage Loan Originator
1st Rate Home Mortgage, Inc.
Mortgage Banking Officer
If you have a job/income/cash, you should be able to find a nice rental. What is the reason that the banks would not loan to you? Every situation and circumstance is differe ... more
Your loan officer keeps referring to FHA probably because this is the product he is most familiar with. I would strongly encourage you to make sure he has done VA transa ... more
I answered before, but I have seen some agents give you answers to your financing question that are not exactly accurate. I strongly suggest talking to a mortgage broker fi ... more
Yes, See this link for more information: http://arizonahomesland.com/firsttimehomebuyers.html Often it is less expensive to buy than rent in the current environment.
Did you get the answer to the questions you ask or would you like to explore it further?
Arizona Homes For Sale by a Guy from Iowa
Please feel free to contact me if you would like some more information.