Financing in 34231 : Questions & Answers

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Jen and Mark…, Real Estate Pro in Holmes Beach, FL
Jen and Mark Bowman answered:
I am looking for hard money mortgage for property in Manatee County,FL. Excellent monthly income but short saled primary residence. Erly
How long ago did you do your short sale? There may be options.


Jen Bowman, Broker Associate
Keller Williams Realty on the Water
941-840-0117
Licensed in GA and FL
0 votes Share Flag Fri Feb 14, 2014 Financing in Sarasota
Terri Fellows…, Real Estate Pro in Siesta Key, FL
Terri Fellows | Sarasota, Fl answered:
Hi, I'm looking for a conventional loan to finance a house in Sarasota in the 110-180k$ range. The house will be owned by a LLC owned by
I recommed you call banker Matthew Arcari 941-780-0429.

My best,
Terri

Teresa M. Fellows
Broker/Associate
ERA Waterside Realty
941-350-4297
tmf4257@mac.com
0 votes Share Flag Wed Nov 21, 2012 Financing in Sarasota
Gregorio Den…, Real Estate Pro in San Diego, CA
Gregorio Denny answered:
Looking for a rate on a homepath for a condo purchase , approved homepath deal , no points
Anyone quoting rates without an APR and without so much as even a hint of qualifications should have their license pulled; that is if they even have one. HomePath mortgages have HUGE pr ... more
0 votes Share Flag Wed Jul 25, 2012 Financing in Sarasota
David Barr, Real Estate Pro in Venice, FL
David Barr answered:
I am a Canadian investor that has multiple properties paid for in cash and I am interested in refinancing.
That's somewhat difficult for a foreign national for investment properties. You might have some good luck searching for a hard money lender instead of a traditional bank.
0 votes Share Flag Thu Dec 20, 2012 Financing in Sarasota
Eugen Aldea, Real Estate Pro in 34232
Eugen Aldea answered:
Looking for a private mortgage ("HARD MONEY") lender in Sarasota. 20%-30% down
How much you looking for??
0 votes Share Flag Wed Sep 24, 2014 Financing in Sarasota
Raffie Hamil…, Real Estate Pro in Sarasota, FL
Raffie Hamilton answered:
who does homepath renovation the best in Sarasota , FL?
Colonial Mortgage LLC


Ed Tonitis is the owner, Very good FHA Broker


(941)-809-6571 / tonitis@mindspring.com
0 votes Share Flag Tue Mar 6, 2012 Financing in Sarasota
Andrew Kashe…, Real Estate Pro in Clearwater, FL
Andrew Kashella answered:
I am a Canadian that currently has 5 properties that I have paid cash for. I am interested in refinancing them. Is this possible and who can help?
It will depend on your immigration status. Do you a visa status?
0 votes Share Flag Thu Mar 8, 2012 Financing in Sarasota
Alma Rose Kee…, Real Estate Pro in 33626
Alma Rose Kee PA answered:
who does the homepath renovation program well in Sarasota , FL??
Contact:

Ken Monduori
Vice President
Market Sales Manager

13904 N. Dale Mabry Hwy.Suite302
Tampa, FL 33618

Cell: 727-458-2583
Office: 813-960-8215
Fax: 813-960-5397

... more
0 votes Share Flag Tue Feb 25, 2014 Financing in Sarasota
John Proto, Real Estate Pro in 06517
John Proto answered:
Committment Letter deadlines, flexible or not?
Hi Home Owner,

I've sold several homepath loans and the process is usually very quick. If this is a renovation loan, then the process will take much longer. Fannie Mae is usua ... more
0 votes Share Flag Tue Oct 8, 2013 Financing in 34232
Jose Morales, Real Estate Pro in Palm Beach, FL
Jose Morales answered:
Looking for a private mortgage ("hard money") lender in Sarasota. 50% LTV, excellent credit.
I have one lender that is willing to go to Sarasota but it depends on the loan amount. I am checking with another one to see if he would go to Sarasota. Call or email me for details.

... more
0 votes Share Flag Fri Feb 14, 2014 Financing in Sarasota
Alma Rose Kee…, Real Estate Pro in 33626
Alma Rose Kee PA answered:
FN Mortgages - where can I get help?
What kind of help are you seeking?e
0 votes Share Flag Sun Dec 19, 2010 Financing in Sarasota
Alma Rose Kee…, Real Estate Pro in 33626
Alma Rose Kee PA answered:
Ukrainian MBA/investor in real estate seeks backing for first U.S. investment. She owns three condos in Ukraine. Can they be used to help make a deal?
Sounds too risky for any lender in the US to touch. A hard money (loan shark) in the US may help provided she puts 50% down.

She should try to get a loan in the Ukraine.

Or--she ... more
0 votes Share Flag Fri Aug 27, 2010 Financing in Sarasota
Andrew & Ele…, Real Estate Pro in Naples, FL
Andrew & Elena Ollick answered:
Does anyone know of a legitimate lender who will help finance a Sarasota condo?
Beth,

as you might know condos are very hard to finance in Florida. My husband and I are licensed mortgage brokers. We work with multiple lenders, so we can deliver the perfect loan ... more
0 votes Share Flag Wed Apr 22, 2015 Financing in Sarasota
Patrick Thies…, Real Estate Pro in Elmhurst, IL
Patrick Thies SFR, CNC answered:
is it possible to refinance a mortgage at a lower interest rate if I am upside down in my house with no other assets but an excellent credit score?
See if you can do a loan modification with your current mortgage lender. Some banks are doing them.
0 votes Share Flag Tue Dec 21, 2010 Financing in Sarasota
Ruth Weiler…, Real Estate Pro in Sarasota, FL
Ruth Weiler Hill answered:
land contracts available in Sarasota / Bradenton?
Dear Mrrdw, I will gladly email you some lots for sale. Did you want commercial or residential or both? Let me know size, views,$$ willing to spend and so forth along with your email ad ... more
0 votes Share Flag Mon Nov 9, 2009 Financing in 34234
Tony Grech, Real Estate Pro in Michigan
Tony Grech answered:
recently discharged bankruptcy chapter 7,how long before I can get a mortgage of $50,000,with 5% down ?
Depending on the program, as soon as 2 years from the date of discharge provided you have re-established credit with 0 lates or collections in the most recent 12 month period.

At le ... more
0 votes Share Flag Fri Feb 14, 2014 Financing in Sarasota
THE GRENIER…, Real Estate Pro in Sarasota, FL
THE GRENIER GROUP answered:
Foreign National Programs
Leon,
World Bank (Wachovia) does a lot of financing for foreign buyers. I would start there. Some of the other banks probably do financing also. Just be aware that your interest rate ... more
0 votes Share Flag Fri Jun 12, 2009 Financing in Poinsettia Park
Deborah Madey, Real Estate Pro in Red Bank, NJ
Deborah Madey answered:
What can I do if my home appraised lower than what the buyer offered to pay for it?
Most likely the lender will not fund the loan unless the buyer makes up the difference between the purchase and appraisal price. Alternatively, the purchase price can be adjusted. Wit ... more
0 votes Share Flag Thu May 22, 2008 Financing in 34232
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