Financing in Lowell : Questions & Answers

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Richard Shap…, Real Estate Pro in Framingham, MA
Richard Shapiro answered:
I was pre-qualified for a MA Housing Mortgage - Not allowing the mortgage to be approved due to precautionary risk?
There are hidden codes within your credit report and when run through the automated system that could trigger a risk issue. Have you looked at your credit report lately? is there any o ... more
1 vote Share Flag Tue Jul 1, 2014 Financing in Lowell
Chris, Real Estate Pro in Woburn, MA
Chris answered:
My realtor suggested putting more money down as a deposit to get money back at closing.
Depends on the type of loan you have, only a certain percentage can be given back in the form of closing credits from the seller to begin with, then your mortgage may have a minimum of ... more
0 votes Share Flag Fri Aug 7, 2009 Financing in Lowell
Janet Sterman, Real Estate Pro in Newton, MA
Janet Sterman answered:
How will the change in lending practices for condos affect first-time homebuyers going through Masshousing?
My first thought was "why are you talking with realtor about lending practices"? Realtors are licensed to represent buyers and sellers in home purchase transactions, not obtaining fina ... more
0 votes Share Flag Thu May 28, 2009 Financing in Lowell
Kimberly Bro…, Real Estate Pro in Arkansas
Kimberly Brown answered:
I am trying to refinance my mortgage and the places I am calling are asking me for the value of my condo. I
All of the questions here are good answers I am a loan officer and Brent and Mike are absolutly correct...If you have any question in reference to your mortgage concerns please call our ... more
0 votes Share Flag Fri Mar 14, 2008 Financing in 01854
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