Financing in Staten Island : Questions & Answers

change location

cancel or

Q&A

29
Leslie Ann W…, Real Estate Pro in Staten Island, NY
Leslie Ann Woolsey answered:
I am now receiving money orders as my alimony, is this enough proof showing this income with a money order to receive a loan?
Hi linda I presume you deposit that money into your account so that should be proof of that income and your decree shows where it comes from
If you would like to give me a call we work ... more
0 votes Share Flag Wed Oct 16, 2013 Financing in 10301
Michael Denn…, Real Estate Pro in Brooklyn, NY
Michael Denniston answered:
is there a way I can get a loan my credit scores are 562, 624, 599?
Michelle, the answer is yes assuming that you meet other criteria for income, debt-to-income, assets. work history etc. But you will not qualify under the most favorable terms. FHA will ... more
0 votes Share Flag Wed Oct 9, 2013 Financing in 10309
Fred Herman, Real Estate Pro in Staten Island, NY
Fred Herman answered:
Can someone who is unemployed get a loan?
yes. people can be unemployed and still have income. and there are very many people that fall into this category.

most people are working so they can get to the point of unemploy ... more
0 votes Share Flag Sat Jun 1, 2013 Financing in Staten Island
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
What are no-doc loans?
Hello Jimmy,
A No-Doc loan (abbreviation/slang for: No Documentation Loan) refers to a finance product commonly offered by a mortgage lender to consumers who cannot qualify for normal ... more
0 votes Share Flag Fri May 24, 2013 Financing in Staten Island
Rocco Guercio, Real Estate Pro in Staten Island, NY
Rocco Guercio answered:
What steps are involved in the FHA loan process?
Hi,

It would be best for you to meet with a licensed loan officer and go over all the facts of an FHA loan. There are many differences between FHA and a Conventional loan and it is ... more
0 votes Share Flag Wed May 15, 2013 Financing in Staten Island
Trevor Curran, Real Estate Pro in Bronx, NY
Trevor Curran answered:
I am newly resident in USA, How can I get a loan ? While I dont't have work, but I can pay up to 40 % downpayment .
Good afternoon geko69,

First steps:

Meet with a Local Mortgage Banker to get prequalified for mortgage financing. The Mortgage Banker will review all facets of your loan request ... more
0 votes Share Flag Wed Apr 24, 2013 Financing in 10314
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
What happens after you've applied for a loan?
Your application is reviewed by a home mortgage consultant, who will verify your employment, income and financial information and order a credit report. An appraisal will be conducted, ... more
0 votes Share Flag Tue Apr 23, 2013 Financing in Staten Island
Michael Denn…, Real Estate Pro in Brooklyn, NY
Michael Denniston answered:
What is a typical fee paid to a mortgage broker? Will a mortgage broker get you the best rate?
I can only speak as a banker for a direct lender. Under our exclusive Mortgage for Champions Program, we waive all banker fees thereby saving you 1000s on your closing cost. This progra ... more
0 votes Share Flag Sat Mar 23, 2013 Financing in Staten Island
David Rivera, Real Estate Pro in Staten Island, NY
David Rivera answered:
how would i go about buying my siblings out of a house that we all own together?
This of course is for a New York City property.

First the question is are the others willing to sell? if they are the steps given by the other agents would be a good way to go.

I ... more
0 votes Share Flag Sat Aug 11, 2012 Financing in 10306
Andrew Tisel…, Real Estate Pro in 07024
Andrew Tisellano, Broker/Assoc answered:
What is the best formula or advice for affording a condo/townhouse? My wife and I have stable jobs, and were already pre approved for an FHA loan
another option if you are not ready to buy
Try Curbing your spending and make it a goal to pay off some of your other debt.
Once you accomplish your goal you will feel a lot better ab ... more
0 votes Share Flag Sat Aug 11, 2012 Financing in 10306
Irena Popile…, Real Estate Pro in Staten Island, NY
Irena Popilevsky answered:
WHAT IS THE AVERAGE COST FOR HOMEOWNERS INSURANCE ON STATEN ISLAND? BALLPARK FIGURE. IS THIS INCLUDED IN YOUR MORTGAGE?
Hi,

Homeowners Insurance range from $800 - $1,600 depending on proximity to water, size, deductible and sometimes your credit score, this does not include flood insurance. If your mo ... more
0 votes Share Flag Wed May 16, 2012 Financing in 10314
Chris Miceli, Real Estate Pro in New York
Chris Miceli answered:
Are physician mortgage loans available in NY? What is the 'catch'? ?
I am a Loan Officer with PNC Mortgage.There are few loan programs that allow high Debt to income ratios. I am not sure who is offering Physician loans at the moment. If you want to cal ... more
0 votes Share Flag Wed May 2, 2012 Financing in 10306
Ron Beebe, Real Estate Pro in Downingtown, PA
Ron Beebe answered:
If I am re-financing with the same lender, would I still be subject to New York State stamp fees?
Hi Kszemiako-
If you could share with me (us) who your lender is that may shed some insight on what your refinance options would be. This would be important to know as some lenders off ... more
0 votes Share Flag Mon Dec 7, 2009 Financing in Staten Island
Nirmala Cara…, Real Estate Pro in Bronx, NY
Nirmala Caraballo answered:
what are the requirements for a fha loan?
Debra thanks for the great information.
0 votes Share Flag Tue Nov 24, 2009 Financing in Staten Island
Tom McGiveron, Real Estate Pro in Patchogue, NY
Tom McGiveron answered:
What is the most effective way to protest an inept appraisal?
go through the bank mortgage consultant - they need to file a letter -
0 votes Share Flag Wed Aug 19, 2009 Financing in Staten Island
John B, Real Estate Pro in Studio City, Los Ang...
John B answered:
My appraisal was done on 7/6 as a refiance. When you you think we should close.?
You need to ask your loan officer.
A loan process will normaly take 30 days, but in this market who knows

Look at this blog it will help you to learn more about your situation.
I' ... more
0 votes Share Flag Tue Jul 21, 2009 Financing in Staten Island
John B, Real Estate Pro in Studio City, Los Ang...
John B answered:
After you get t'h'e appraisal w'hen do you usually close
3 days after you will sign loan docs, the appraisal can be one of the first things to do or in the middle of the process.

Look at this blog it will help you to learn more about your ... more
0 votes Share Flag Tue Jul 21, 2009 Financing in 10309
Robert Fine, Real Estate Pro in Staten Island, NY
Robert Fine answered:
Is it possible to get mortgage on low income tax?
Nina,
Yes you can get a mortgage. Having a high credit score and cash on hand is great. Contact one of the mortgage bankers here on Staten Island and ask for a pre-approval. The mortga ... more
0 votes Share Flag Sun Jun 21, 2009 Financing in 10305
JOSEPH RUNFO…, Real Estate Pro in Staten Island, NY
JOSEPH RUNFOLA JR, BROKER, GRI answered:
IF I MAKE $37,000/ANNUALLY IN NEW YORK CITY. HOW MUCH WILL MY CHECK BE BI-WEEKLY AFTER TAXES?
Trulia = Real estate Questions and Answers. You should ask this question of your employer. There are probably many other factors which enter into arriving at the answer such as number o ... more
0 votes Share Flag Fri Jun 19, 2009 Financing in Staten Island
1 2
Search Advice

Followers

787
Email me when…

Learn more

Meet the Trulia VIPs
Joyce A. Powers, Broker in Staten Island
Joyce A. Powers
Broker
Staten Island
Gary Papirov, Broker in 10312
Gary Papirov
Broker
10312
JOSEPH RUNFOLA JR, B..., Broker in Staten Island
JOSEPH RUNFOLA JR, B...
Broker
Staten Island
Joseph Tsomik, Broker in Staten Island
Joseph Tsomik
Broker
Staten Island
Home > Q&A > New York > Richmond County > Staten Island > Financing in Staten Island
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer