As already mention, lender paid mortgage insurance is an option; however, the interest rate will be higher. Single premium buyer paid mortgage insurance is another option, if ... more
It is John and not Juan.
I understand what you are saying but you strategy is no going to convince a lender that you are a good risk or a co-signer to be foolish enough to ... more
Please call Rich Mendoza, (925) 803-2465, rich@richmend ... more
http://www.under640f ... more
In order to get the best rates and terms on a mortgage you will need good credit 720+ good DTI and some equity in the home and it must save you money in order for any lender t ... more
You have a lot of options. 10% down is the sweet spot I believe, as it is a lot less money than 20% down yet the mortgage insurance is much lower than 3% or 5% down options. Le ... more
The no cost option always has a higher rate and so they are never free.
What you need to do is compare the monthly savings on the loan with closing co ... more
What are my chances of getting the balance financed ?
if you would like the names of some good lenders that handle these loans I would be happy to pass them along.
Erica Jones Starkey
JSCA Rea ... more
All the answer are spot on, and to add to them. If you recieved some type of disability in the line of duty that the VA deemed to be greater than 10%, you can also be exenpt ... more
I am sending you a link from NAR - National Association of Realtors.
Hope this helps.
Goo ... more