Financing in Melbourne : Questions & Answers

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Jinger Knox, Real Estate Pro in 32940
Jinger Knox answered:
Is there any hard money lenders in the area for SFR construction?
There are hard money lenders but you must have excellent credit, 50% LTV on constructed value and the costs are pretty steep. Do you have land? I'd love to help you put your project to ... more
0 votes Share Flag Wed Jan 21, 2015 Financing in Melbourne
USMortgageRa…, Real Estate Pro in Austin, TX
USMortgageRanger answered:
We are looking for a 10% down no PMI jumbo loan, fixed rate, 30 years, primary residence. We are in Melbourne, FL. Thanks!
Yes you can get a mortgage up too $750K with 10% down payment, no PMI and a 720+ FICO score and up too 43% Debt To Income Ratio. If and when you go above the $750K you will need a bigg ... more
0 votes Share Flag Fri Jan 9, 2015 Financing in Melbourne
Barb Mihalik, Real Estate Pro in 32937
Barb Mihalik answered:
what is the neighbor like in sonesta walk community in Meblbourne fl?
This is a very pretty and affordable townhouse community. The units have very attractive exterior paint colors and nice landscaping. Amenities include a community pool. Some units h ... more
0 votes Share Flag Tue Sep 3, 2013 Financing in Melbourne
Don Shippey, Real Estate Pro in 32819
Don Shippey asked:
Looking for Melbourne area lender familiar with DPA programs. I have a buyer looking for a local lender in Melbourne familiar with local DPA and first time buyer programs. It will be a very low priced purchase. No need for an agent. Just a lender,…
0 votes Share Flag Fri May 10, 2013 Financing in Melbourne
Janet Brown, Real Estate Pro in 32934
Janet Brown answered:
I want to get a mortgage for a new home. What bank would finance me? I had a BK Chap. 7, but was discharged 2 years ago this month. Help?
Contact Deborah Holloway with Shelte Mortgage. She is amazing!!! As a realtor, I work very closely with her and Shelter Mortgage. Her number is 321-757-6600 x 1005
She is very trust ... more
0 votes Share Flag Thu Aug 11, 2011 Financing in 32901
Rudy R. McDo…, Real Estate Pro in Bloomfield Hills, MI
Rudy R. McDowell answered:
I keep hearing that I should get a 'good faith' estimate of closing costs? Is that right? The problem is I don't know what is fair and
Hi, Paul

In a nutshell your closing costs will depend primarily on your credit score, type of loan program (FHA,VA, or CONV) loan amount, property taxes, whether you have to pay a re ... more
0 votes Share Flag Sat Apr 17, 2010 Financing in 32907
Mark Palace,…, Real Estate Pro in Indian Harbour Beach,...
Mark Palace, Broker-Owner answered:
1st time home buyers and interested in moving from MN to Melbourne area. Can we get preapproved for mortage?
Yes! Absolutely! Please contact mortgage broker Michael Petrizzo at (516) 965-7033. Let him know that I asked you to call him. He will preapprove you for your mortgage and we will h ... more
0 votes Share Flag Sat May 17, 2008 Financing in Melbourne
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