Financing in Maricopa : Questions & Answers

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Jason Coleman, Real Estate Pro in Phoenix, AZ
Jason Coleman answered:
Our bank funds canadian second homes. We ask a slightly larger down payment, plus all normal income, asset conditions.
You can contact me below @
Jason Col ... more
0 votes Share Flag Thu May 10, 2012 Financing in Maricopa
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
I have LOW verifiable income, BUT very high credit score (770) and only need to borrow $60,000 on a $78,000 home. Very small debt ($205/mo). Lenders?
Much will depend on just how low the verifiable income is--start by checking with the bank you currently do business with, or any other smaller banks, credit unions, mortgage brokers... ... more
0 votes Share Flag Thu May 10, 2012 Financing in Maricopa
Shane Milne, Real Estate Pro in Laguna Niguel, CA
Shane Milne answered:
I bought a home last year in Maricopa for 120,000, and now want to refi to a 15 year mortgage, however the appraiser is coming in with a 105,000 value
Sorry to hear, but not too surprising from what I've heard about Arizona's property values.

Buying a home for $120k, refinancing and having it appraise for $105k isn't ... more
0 votes Share Flag Sat Apr 6, 2013 Financing in Maricopa
Doug McVinua, Real Estate Pro in 85295
Doug McVinua answered:
we would like to refinance our home in maricopa, az to lower our payment. l Puha
Interest rates are low and it might be a good time to refinance and save some interest. Do you have equity in your home?

Rentals are doing well as most are cash flowing right away d ... more
0 votes Share Flag Sun May 29, 2011 Financing in Maricopa
Carlos, Real Estate Pro in Chandler, AZ
Carlos answered:
I want an REO manufactured home on a permanent foundation w/ acreage. How can I finance? I have 50% down.

Have you discussed your situation with a local lender? Any reputable lender will be able to help you. If for some reason you can not do conventional lending you can try to use ... more
0 votes Share Flag Sat Jul 7, 2012 Financing in 85239
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