Financing in Humboldt Park : Questions & Answers

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David Hanna, Real Estate Pro in Chicago, IL
David Hanna answered:
The FHA "NegEQ" Refinance Program.
You will need to refinance both the 1st and 2nd mortgages into one new FHA loan.

As long as the appraisal comes in at a point where the total loan to value (LTV) does not exceed 125 ... more
0 votes Share Flag Fri Sep 10, 2010 Financing in Humboldt Park
David Cruick…, Real Estate Pro in Palatine, IL
David Cruickshank answered:
FHA Refinance Question
I am afraid the apprailsal will be the biggest factor in this scenario. You can do an FHA if it appraises high enough. Costs associated with FHA inlcude upfront mortgage insurance which ... more
0 votes Share Flag Sun Feb 20, 2011 Financing in Humboldt Park
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