We offer first-time homebuyer grants to Chicago Police Officers, Teachers & Firefighters.
Here is a lender I can recommend to you if you are wanting to explore your options.
I hope that helps!
Kelle ... more
This was obviously a huge mistake. This home should have gone as a full 203K, no doubt about it. The fact that the utilities were turned off makes it so. The apprasier was ... more
How much are you over on the 203k?
Tell it like it is....plain and simple.
Soft-soaping it or using smoke and mirrors only makes thing worse.
Quick flips for more money are still totally possible. It just depends on the bank. I have heard most banks want 90 days seasoning and if the property appraises out, they ... more
Please call me at 312 217 4030
Senior Vice President
If you did a 15 yr FHA loan and put down 10% you would not have mortgage insur ... more
Your statement regarding FHA's guideline is correct, as it relates to the period from a bankruptcy discharge to present. As for the exception rule, it is just that. I' ... more
Rates vary due to a number of factors, loan amount are certainly a consideration. A rate sheet will have adjusters based on loan amount, equity position, credit score, if you es ... more
$3000 in reserves seems low to me. Why did they decide to reduce from a cushy 20% to 8.5?
Might I suggest you call a few local lenders, and ... more
I know this is going to sound "weird" but Bank of America has a great program called the "America's Home Grant Program", where they GIVE you $2500 ... more