Financing in Sarasota County : Questions & Answers

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Jen and Mark…, Real Estate Pro in Holmes Beach, FL
Jen and Mark Bowman answered:
I am looking for hard money mortgage for property in Manatee County,FL. Excellent monthly income but short saled primary residence. Erly
How long ago did you do your short sale? There may be options.


Jen Bowman, Broker Associate
Keller Williams Realty on the Water
941-840-0117
Licensed in GA and FL
0 votes Share Flag Fri Feb 14, 2014 Financing in Sarasota
Tammy Hayes, Real Estate Pro in Port Charlotte, FL
Tammy Hayes answered:
can you get a mortgage for a manufactured home?
I haven't been able to find a local lender that will, but I have a customer that says a lender will in another state. I would call a few lenders and ask the question.

Tammy Hayes ... more
0 votes Share Flag Sun Sep 15, 2013 Financing in 34286
Terri Fellows…, Real Estate Pro in Siesta Key, FL
Terri Fellows | Sarasota, Fl answered:
Hi, I'm looking for a conventional loan to finance a house in Sarasota in the 110-180k$ range. The house will be owned by a LLC owned by
I recommed you call banker Matthew Arcari 941-780-0429.

My best,
Terri

Teresa M. Fellows
Broker/Associate
ERA Waterside Realty
941-350-4297
tmf4257@mac.com
0 votes Share Flag Wed Nov 21, 2012 Financing in Sarasota
Alaric Kenne…, Real Estate Pro in Florida
Alaric Kennedy answered:
Can we get a mortgage based on income from investments?
This is a good question for your CPA an your Real Estate Agent. Area and Location will need to be address, property taxes and closing cost. Also remember you are retiring. I alway adv ... more
0 votes Share Flag Sat Aug 18, 2012 Financing in Sarasota County
Gregorio Den…, Real Estate Pro in San Diego, CA
Gregorio Denny answered:
Looking for a rate on a homepath for a condo purchase , approved homepath deal , no points
Anyone quoting rates without an APR and without so much as even a hint of qualifications should have their license pulled; that is if they even have one. HomePath mortgages have HUGE pr ... more
0 votes Share Flag Wed Jul 25, 2012 Financing in Sarasota
David Barr, Real Estate Pro in Venice, FL
David Barr answered:
I am a Canadian investor that has multiple properties paid for in cash and I am interested in refinancing.
That's somewhat difficult for a foreign national for investment properties. You might have some good luck searching for a hard money lender instead of a traditional bank.
0 votes Share Flag Thu Dec 20, 2012 Financing in Sarasota
David Barr, Real Estate Pro in Venice, FL
David Barr answered:
U.S. mortgage for Canadian buyer
Roger:

I can recommend Linda McConnell with FBC Bank. She successfully worked with one of my Canadian clients in getting a mortgage for a vacation property. Her email is LMcConnell ... more
0 votes Share Flag Tue May 8, 2012 Financing in North Port
Keith &…, Real Estate Pro in Verona, WI
Keith & Kinsey Schulz answered:
Is there a refi lender who will do 90% LTV? Or will cross collaterilize?
Many lenders will do 90% LTV. I'd suggest talking to a smaller local bank or credit union. They usually have the best programs, service, and fees.
0 votes Share Flag Sun Apr 29, 2012 Financing in Siesta Key
Ann Ryan, Real Estate Pro in 33178
Ann Ryan answered:
what does the 5.00/2.00/5.00 mean on a 5/1 arm mortgage?
John, why are you getting an ARM at all? Rates are crazy low right now, and are not likely to stay this low for long.
0 votes Share Flag Wed Mar 21, 2012 Financing in Venice
Werner Untri…, Real Estate Pro in Sarasota, FL
Werner Untrieser answered:
CAN YOU GET A 5YR OR 7 YR ARM MORTGAE ON A CONDO IN VENICE?
Contact Gulfside Mortgage Services the # 1 Mortgage Broker in Venice. Give Tony a call at 941-485-4222, he is a great guy.

Kind Regards

Werner
Broker Associate, GRI, SFR, CRS, CI ... more
0 votes Share Flag Mon Mar 19, 2012 Financing in Venice
Eugen Aldea, Real Estate Pro in 34232
Eugen Aldea answered:
Looking for a private mortgage ("HARD MONEY") lender in Sarasota. 20%-30% down
How much you looking for??
0 votes Share Flag Wed Sep 24, 2014 Financing in Sarasota
Raffie Hamil…, Real Estate Pro in Sarasota, FL
Raffie Hamilton answered:
who does homepath renovation the best in Sarasota , FL?
Colonial Mortgage LLC


Ed Tonitis is the owner, Very good FHA Broker


(941)-809-6571 / tonitis@mindspring.com
0 votes Share Flag Tue Mar 6, 2012 Financing in Sarasota
Andrew Kashe…, Real Estate Pro in Clearwater, FL
Andrew Kashella answered:
I am a Canadian that currently has 5 properties that I have paid cash for. I am interested in refinancing them. Is this possible and who can help?
It will depend on your immigration status. Do you a visa status?
0 votes Share Flag Thu Mar 8, 2012 Financing in Sarasota
Alma Rose Kee…, Real Estate Pro in 33626
Alma Rose Kee PA answered:
who does the homepath renovation program well in Sarasota , FL??
Contact:

Ken Monduori
Vice President
Market Sales Manager

13904 N. Dale Mabry Hwy.Suite302
Tampa, FL 33618

Cell: 727-458-2583
Office: 813-960-8215
Fax: 813-960-5397

... more
0 votes Share Flag Tue Feb 25, 2014 Financing in Sarasota
John Proto, Real Estate Pro in 06517
John Proto answered:
Committment Letter deadlines, flexible or not?
Hi Home Owner,

I've sold several homepath loans and the process is usually very quick. If this is a renovation loan, then the process will take much longer. Fannie Mae is usua ... more
0 votes Share Flag Tue Oct 8, 2013 Financing in 34232
Jose Morales, Real Estate Pro in Palm Beach, FL
Jose Morales answered:
Looking for a private mortgage ("hard money") lender in Sarasota. 50% LTV, excellent credit.
I have one lender that is willing to go to Sarasota but it depends on the loan amount. I am checking with another one to see if he would go to Sarasota. Call or email me for details.

... more
0 votes Share Flag Fri Feb 14, 2014 Financing in Sarasota
Anna Brocco, Real Estate Pro in Nassau County, NY
Anna Brocco answered:
Is it possible to obtain a mortgage loan with bad credit if you have 50% or more downpayment?
Much will depend on just how bad is your credit....without your overall finances--consider visiting with any qualified loan officer(s), after reviewing your overall finances and credit, ... more
0 votes Share Flag Sun Jan 2, 2011 Financing in Sarasota County
Alma Rose Kee…, Real Estate Pro in 33626
Alma Rose Kee PA answered:
FN Mortgages - where can I get help?
What kind of help are you seeking?e
0 votes Share Flag Sun Dec 19, 2010 Financing in Sarasota
Bill Eckler-…, Real Estate Pro in Venice, FL
Bill Eckler-Florida, answered:
looking for a bank that we can have a good relationship with, can anybody rec a local bank or should be looking at big names in tampa,
Our recommendation is to "shop around." The location of the source of funding is of little consequence and you can make financing arrangements with a bank in New York City.... ... more
0 votes Share Flag Mon Nov 22, 2010 Financing in Sarasota County
Alma Rose Kee…, Real Estate Pro in 33626
Alma Rose Kee PA answered:
Ukrainian MBA/investor in real estate seeks backing for first U.S. investment. She owns three condos in Ukraine. Can they be used to help make a deal?
Sounds too risky for any lender in the US to touch. A hard money (loan shark) in the US may help provided she puts 50% down.

She should try to get a loan in the Ukraine.

Or--she ... more
0 votes Share Flag Fri Aug 27, 2010 Financing in Sarasota
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