Financing in Lake Havasu City : Questions & Answers

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BParker, CPA*, Real Estate Pro in Scottsdale, AZ
BParker, CPA* answered:
I have a poa for my mom to buy and sell property, but cannot get a loan on the property, she is no longer mentally competent so she cannot sign.
Hi FlyRodder:

I am in a similar situation with my Mom, so I wanted to see if I could help.

I looked at six lenders' Fannie Mae/Freddie Mac guidelines and found two which mentione ... more
0 votes Share Flag Wed Aug 7, 2013 Financing in 86406
Brenda and W…, Real Estate Pro in 86406
Brenda and Willie Gonzalez answered:
Second mortgage/home equity loan....My mortgage is only $118,000
Your best bet is to speak to a lender about this. The rules for home equity lines have been tightened. We have a lot of really good ones in Havasu and they can all tell you the qualific ... more
0 votes Share Flag Wed May 9, 2012 Financing in Lake Havasu City
Brian Carden…, Real Estate Pro in Scottsdale, AZ
Brian Cardenas answered:
Does Ing do VA loans?
Actually ING just announced in the last month that they are pulling out of wholesale and correspondent lending all together. They never have done VA, but now you probably will have a h ... more
0 votes Share Flag Mon Apr 23, 2012 Financing in Lake Havasu City
Joanne LaFle…, Real Estate Pro in 33931
Joanne LaFleur, PhD answered:
To invest in a Fort Lauderdale, FL rental property, what is the minimum credit score and % down in order to get financed by lenders? Thank you.
Investor credit score should be around 620 score and 20% down.
0 votes Share Flag Wed Dec 21, 2011 Financing in 86406
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