Financing in 35801 : Questions & Answers

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Aaron Sims, Real Estate Pro in Birmingham, AL
Aaron Sims answered:
anyone else denied FHA loan because of unique property???
I would talk to a different lender. You should be able to use the same appraisal.
Best of luck!
0 votes Share Flag Wed Sep 18, 2013 Financing in Huntsville
Debbie Morris, Real Estate Pro in Huntsville, AL
Debbie Morris answered:
Is there any lenders who willapprove ahouse loan if already own a house and delinquent on the second mortgage?the fist mortgage being paid
You should check with a local mortgage company or bank for that specific information. Realtors are not experts on finance but do have a good working knowledge of the process and know ... more
0 votes Share Flag Fri Dec 14, 2012 Financing in Huntsville
Scott Butcher, Real Estate Pro in Austin, TX
Scott Butcher answered:
What are the new qualifications for FHA for someone who had a shortsale 2 years ago?
In the eyes of a Lender, a 'short sale' is viewed the same as a 'foreclosure' in that the original 1st lien lender did not recover 100% of their principal amount bac ... more
0 votes Share Flag Fri Dec 14, 2012 Financing in Huntsville
Mary W Jones, Real Estate Pro in 35810
Mary W Jones answered:
Also have Chase/GNMA mortgate. Don't qualify for Chase's refi due to low payment/income ratio. Any hope that GNMA will join the MHA?
We all have been hit by this market melt down but it has effected some more than other. Dont give up hope. I do understand you want to keep your house and you are heading toward the b ... more
0 votes Share Flag Sat Nov 13, 2010 Financing in 35810
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