Financing in Anchorage : Questions & Answers

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Tina Lam, Real Estate Pro in San Jose, CA
Tina Lam answered:
What is all involved in an assumption, then refi for a lower rate?
The key item to look for is the priority of the loan you're assuming. That will determine if you can get a refi.
0 votes Share Flag Mon May 7, 2012 Financing in Anchorage
Michelle Boji…, Real Estate Pro in Farmington Hills, MI
Michelle Boji Markoz answered:
We currently own a home that we rent out. Our credit is good, but we would not have a down payment. Can we still get a mortgage?
It all depends on your debt to income. Also depends on the Lender guidelines. If your tenant has been making the payments for at least 12 months and can provide proof, they will not ho ... more
0 votes Share Flag Sat May 12, 2012 Financing in Anchorage
Robert Chome…, Real Estate Pro in San Diego, CA
Robert Chomentowski answered:
If I am finishing college and working in Ohio but want to relocate to TN after school ends can I do a FHA
Yes you may be able to do FHA. We would have to discuss your current income, work history and credit. Please contact to discuss
0 votes Share Flag Mon Apr 16, 2012 Financing in Anchorage
Lisa M. Fras…, Real Estate Pro in Anchorage, AK
Lisa M. Fraser answered:
If both mortgages are covered between my income and rental income am I likely/unlikely to get approved?
Ed,

I would say that as long as you maintain your good credit and can show that you have received steady rental income from your duplex that it would not be an issue. A number of pe ... more
0 votes Share Flag Sun Aug 3, 2014 Financing in Anchorage
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