Financing in Panama City Beach : Questions & Answers

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Christopher…, Real Estate Pro in Panama City Beach, FL
Christopher Arnold answered:
Why does Trulia post 30 year Fixed Rates with each condo when banks and the lenders they show, do not have a product for Condo/Hotels?
Trulia is likely posting general 30 year fixed rates for primary residences. A condo loan in Panama City Beach will currently run you about 4.5 – 4.75% for a 5 year arm; assuming you ... more
0 votes Share Flag Sun Feb 9, 2014 Financing in Panama City Beach
Kelly Klein, Real Estate Pro in Santa Rosa Beach, FL
Kelly Klein answered:
What can I expect right now regarding financing a second home purchase in the Panhandle? Would be looking for a 30 year fixed loan.?
The minimum down payment requirement with Waterstone Mortgage is 10%. The loan would have mortgage insurance paid monthly (or could be done as a single premium paid at closing; your ch ... more
0 votes Share Flag Fri Feb 10, 2012 Financing in Panama City Beach
Carol  Perdew, Real Estate Pro in Manteca, CA
Carol Perdew answered:
I've got a vey good purchase agreee for the house. My Fatheer is sick and we are next line to recieve funds from the estate. my wife and here
Bill,

The best recommendation I can give you is to talk to a seasoned mortgage professional. You may possibly be able to refinance your home and take cash out. Also, an option is a ... more
0 votes Share Flag Thu Oct 13, 2011 Financing in Gulf Highlands
Nancy Young, Real Estate Pro in Panama City Beach, FL
Nancy Young answered:
I am looking for Credit lenders In panama city/ panama city beach area so I can finally become an Investor.
HI Stephen,

Not sure what you are looking for. Are you looking for hard money lenders or you looking to buy and rent or sell? I have a list of hard money lenders by state? If you ... more
0 votes Share Flag Fri Oct 29, 2010 Financing in Panama City Beach
Annette Levi…, Other/Just Looking in New York, NY
Annette Levinson answered:
We are buying a property in Panama City Beach, FL not having sold our home in Memphis, TN. We are planning on putting it on the market in the
I would suggest that you finance with an adjustable rate mortgage since this will have the lowest interest rate. Antonio mentioned variable rate-those mortgage no longer exist.
Mymosi ... more
0 votes Share Flag Fri Oct 29, 2010 Financing in Panama City Beach
Daniel, Other/Just Looking in Gaastra, MI
Daniel answered:
Where can I begin to look for sellers willing to finance a 1 bedroom beach front condo?
JimFreeRealty@aol.com Jim Free realty they are a small well organized firm that will help you past your expectations 706-767-5344
0 votes Share Flag Tue Oct 19, 2010 Financing in Panama City Beach
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