Financing in 06506 : Questions & Answers

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Tim Moore, Real Estate Pro in Nags Head, NC
Tim Moore answered:
If I'm applying for an FHA loan will I get the same rate regardless if I go to any bank/broker?
FHA just means it is partially guaranteed by our tax dollars. Banks, lenders, mortg brokers all compete with each other and interest rates will vary for one to another and from day to d ... more
0 votes Share Flag Sun Apr 14, 2013 Financing in New Haven
Cedric Mcneil…, Real Estate Pro in Connecticut
Cedric Mcneil (203-435-7405) answered:
Will if affect my credit if I go to a couple different banks/lenders to see how much we qualify for?
My best suggestion is to use a mortgage broker. They typically work with a large number of lenders and can usually shop rates. When your credit is pulled an inquiry is noted on your rep ... more
0 votes Share Flag Wed Mar 7, 2012 Financing in New Haven
Jessica Wall…, Real Estate Pro in Santa Cruz, CA
Jessica Wallace answered:
We bought our house with an FHA loan in July '09 and now want to apply for the 203K program to renovate to the house. Can we do this?
I believe that you can use an FHA 203k loan to refinance and do repairs on a home. I just took an FHA class yesterday and that is what they presented. Contact your local FHA 203k lend ... more
0 votes Share Flag Mon Apr 30, 2012 Financing in New Haven
Elizabeth Ro…, Real Estate Pro in Northampton, MA
Elizabeth Rocasah Herbert answered:
I am working with F1/OPT visa, and applying for J1 visa now, but haven't got reply yet. Can I apply for fha 203K loan? Thanks
Do you have a social security number and a type of residency? I would advise my clients in a situation similar to yours to speak with their attorney.

I am a member of FIABCI/Interna ... more
0 votes Share Flag Thu Aug 19, 2010 Financing in New Haven
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