I could refer you to some local lenders who have some creative loans, but not sure they offer those exact scenarios, but it can't hurt to reach out to them.
Email me at Jason@dcliving.com and I will provide you their contact info.... more
Give Jon Okun a call. He is a loan officer with Prosperity Mortgage, a joint venture of Long & Foster Real Estate and Wells Fargo -- I understand you had a deplorable experience with WF, but Jon provides exceptional service, explains all options and the process, and really stays on top of things to make sure there are no surprises. I used him for my own refi and have referred him to many clients who have been exceedingly pleased with his services.
office - 202-243-2931... more
I have a fantastic lender who would be perfect for this project! I would be more than happy to pass it along to you--please inbox me and I will shoot you over his full information. Please tell him I sent you so that he knows I continue to refer business.
Regarding Physician Loans, our company also handles various types of loans and we've worked with smallbusinessloansdepot.com
Ed Rogers is reputable and there are no complaints against their business.... more
Sorry but you can't, the US loans are Government secured and the Government is not going to lend to a non-US Citizen. You can get financing in your country & convert that money over to US Dollars then you can purchase for CASH over here providing that you provide proof of funds. Good Luck with your search!... more
Clint- you should refinance right now, and specifically this weekend.
You don't have to pay PMI if you have less than 20% equity, the better option is lender paid mortgage insurance. This is where the lender pays a 1-time premium to cover your mortgage insurance at settlement. This can be built into your rate. With 5.75% you can save significant money going to near-current rates and even look at a no-cost refinance where all of your 1-time closing costs are covered.
Rates are at the lowest point for 2011, the importance of making a move this weekend is that the US debt downgrade announced last night will very likely make mortgage rates go higher Monday morning.
I am working all weekend and would be happy to go over numbers with you. Feel free to contact me 301-585-7283.... more
Joel Willard-Beech Street Capital.
Don't know if he can help but he won't be slow. Commercial is SO diffferent from what I do but I think he coould help you. Give him my name.
Let me know if it works out.
We lend in DC and have the FHA 203K program. Other ones as well. I suggest contacting me to discuss further in detail. This isn't a yes or no question, I need some more information. One question is are you in an FHA loan now? I just can't say yes or no at this point.
Hey CPJ. Please call BJ Matson of Suntrust Bank. His work number is 301-881-8900. And his cell number is 301-257-1270. He would definitely be able to help you. Please tell him that I referred you to him. Much luck to you.... more
If you are speaking of an FHA 203K loan (home improvement and repair loan) then no you cannot use an FHA Streamlined loan. HPAP will require that the property pass inspection prior to settlement. Therefore you will not have the opportunity to use 203K funds to make the necessary repairs. However, there are lots of homes currently on the market that in in the proper condition to pass HPAP inspection OR sellers are willing to go the extra mile to get it into condition. It may take a little extra work to find that house in the right price range but believe me, they are there and ready to go!!... more