How can we get our escrow money back faster?
I have a contract contingent on financing and was denyed the loan with the apprasial came back $50,000 short. The seller is aware that they have no legal right to the escrow deposit money and they have
Multi-Family Financing at 20% Down (Or Less)
I am closing on a multi-family property (4 units) at $185K and have been told by my lender that I would need to put down 25% to purchase the property. Is it possible to buy such a property with 20% or
Refi out of FHA loan. How long do I need to wait?
My wife and I bought (..ok, stole) a home about 6 months ago with an FHA loan with a large monthly PMI. Comparing the low price we paid and two recent sales in the neighborhood we are well under the 80%
Can I get a mortgage on a property I own?
I own a Mobile/Manufactured Home, along with a 2 acre property, 30x40 2 car garage that was appraised at $140K in 2008. There is no mortgage on it and no liens. We don't have any monthly debt except
Independent Contractor Mortgage Advice
In August of 2011, my husband and I were approved for a large mortgage but did not buy. In January, 2012 I lost my job and have been working as an independent contractor since. I have been taking advantage
Lenders that will do 5% down conventional?
Looking for a lender that does 5% down payment on a conventional loan for a multi-unit. FHA is out of the question at the moment. 790 credit score. Can someone suggest me some lenders?
Letter of Explanation - 1099
We are trying to purchase a home and my husband has worked as a worship minister under a 1099 - now they are asking for a Letter of Explanation as to why he was issued a 1099, does anyone have or know
Finding a mortgage for less than $50,000?
My fiance and I are looking at a house that is priced at $60,000 but the seller says they are very negotiable, and we were hoping to put more than 20% down. Where should we look for such a small loan?
Can I use my house as collateral for a loan?
Just wondering what lender requirements are for getting a loan.
My debt-to-income is high currently I only have rental income.
I do have 20% cash to put down and I own one house free and clear and
Owner Occupancy Rates for Mortgage Financing
Own a condo in a 3-unit complex. The other 2 units are currently leased, thus my property is not majority owner-occupied. As a result, I am not qualified to refi with a traditional or Fannie Mae loan (the
My chapter 7 was discharged in July 2010. I am VA disabled and have an income of 4200 per month. Is there any companies that will make a mortgage loan to me in CA?
How difficult is it to get loan to buy 2nd home?
I bought my first house in Central Austin 2 years ago. It's currently valued at 220,000 and I owe approx 190,000. It's a 15 year mortgage and the monthly payment is 1,860 total with taxes, insurance,
Should I sell or should I rent my house?
Hi experts, I would like your opinion about whether I should sell or I should rent out my house. I bought my house new in 2004 for 140k. Now I currently have 70k left in my loan. I recently ask 2 of my
for refinancing purposes, what a current real estate property appraisals for new condos in BPC running approx per sq foot. also are banks giving cash out of refi's
Down payment for investment properties
I have a client looking for an investment property but want put 10% down payment. Now a days, lenders want atleast 25% down payment for investment properties.
Does anyone has any work around
is it wise to payoff mortgage or invest money?
If I try to payoff mortgage (30 years loan in 15 or 16 years) by paying extra amount to principle each month, is it a wise decison? Or As we do NOT know how the housing market will be after 15 or 16 years,
Lenders with no closing fee?
Hi, I am looking for some recommendations on lenders preferably without a closing fee for a condo on the Waterfront in Jersey City. Any suggestions?