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Financing in Florida : Real Estate Advice

  • All2K
  • Local Info209
  • Home Buying1K
  • Home Selling174
  • Market Conditions62

Activity 1,909
Wed Feb 14, 2018
Reydel Muniz answered:
Good afternoon Yvette, As a buyer I can help you find your ideal condo. I will set up a search with your specifications and we can go see properties as soon they come out in the market to ensure that you find your dream condo. Please reply call me at 786-338-1609 in order to start your search. Please view my profile in LinkedIn where you can find recommendations from my customers. ... more
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Sat Jan 27, 2018
Wolfireneeg asked:
upfront. That makes the balance of the loan lower and therefore the interest on the loan payments lower. Shouldn't the payments be adjusted?
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Sat Jan 27, 2018
Floridapanhandleforeclosures asked:
Im trying to help a buyer who has a credit score of 640. They had 2 IRS lien but paid one, its released & withdrawn so off 2 or 3 credit reports. The second lien was older & the 10 year…
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Sun Jan 21, 2018
Will Frank answered:
They have to verify that you have the necessary funds to close the transaction. You don;t want to get to closing and then not have enough money. I'm not saying you, but some people spend more than 1/2 of what they earn.
In addition, if the underwriter sees a recurring monthly debt on your bank statement that you did not disclose or does not show on credit report it needs to be explained and might even disqualify you.
... more
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Thu Jan 18, 2018
Djpeecher answered:
Feel free to email me to set up time to go over your situation. Sounds like a no brainer to help you get back in the real estate game. dpeecher@capitalpacifichomeloans.com
0 votes 5 answers Share Flag
Thu Jan 4, 2018
Nancy Blinstrub answered:
Your builder is telling it as it is. We did this when building - $9,000 of incentive upgrades for $2,000 - for using their mortgage company. It was worth it, we refinanced a couple of times while we lived there, and came out fine. ... more
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Tue Jan 2, 2018
Undisputedseo answered:
Hi Lenee, you may want to try Business Solutions & Svcs, the email address is https:www.ybsloans.com. We closed in a few weeks. Ask for Mr. Watson.
0 votes 5 answers Share Flag
Mon Dec 18, 2017
Mike Jankowski asked:
My lender want proof that my 72T income will last at least 3 years, how do i prove this ?? I just started collecting from the 72t and my understanding is you must continue to receive this…
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Thu Dec 14, 2017
Jeremy Weinberg asked:
My seller has a brand new roof but has dried up water damage on a few areas of the dry wall. There is no standing water, only water spots on the dry wall. Also, there was termite damage…
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Fri Dec 1, 2017
Jerry Thomas answered:
We do Conventional, VA and USDA single close construction to perm loans. You will need 5%-20% down on a conventional, 3.5% on an FHA and 0% on VA and USDA. You should also plan on 2-3% to cover closing costs and pre-paids.

You will need a 680 to 720 credit score for a conventional. The other programs require at least a 620 score. Check out www.bestfhaconstructionloan.com.
... more
0 votes 14 answers Share Flag
Wed Nov 29, 2017
Michael answered:
You should get pre-approval before you even look at a house. The reasons are 1. know exactly how much you can get or afford 2. get all your ducks in a row; have most documents ready and set to go at the bank 3. get the shopping for good rates out of the way 4. eliminate as many surprises as possible 5. show real estate agents that you are serious and ready to go 6. buy a little more time to get missing documents 7. start working on those companies that you will need to have help close the deal: home inspection, and have an actual idea of how much money you will need to bring to closing. ... more
0 votes 22 answers Share Flag
Tue Nov 28, 2017
Rrodrigues answered:
Hello Thea, my father is a branch manager of primary residential mortgage and can steer you in the right direction if you haven't already received help. His name is Ray. 818-915-9956.
Give him a call whenever you have a chance. ... more
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Thu Nov 23, 2017
Moviehall24 answered:
nice
http://moviehall24.com
http://wpcare24.com
0 votes 18 answers Share Flag
Wed Nov 15, 2017
Jeremy Weinberg asked:
I have a large real estate referral company and want to find a way to help lenders refer out their buyers to good loyal Realtors. Is this a problem you run into lenders?
0 votes 0 Answers Share Flag
Tue Nov 14, 2017
Jacquie Yekmalian answered:
Hi,
If you have not purchased your condo as of yet. I am happy to help you with this.
I live and work in West Palm Beach so I am very familiar with all the buildings.
I also have a great Mortgage Broker who has helped many of my clients. ... more
0 votes 1 answer Share Flag
Mon Nov 13, 2017
Zhangdengmd answered:
This is a solid list of lenders that offer low downpayment physician mortgages in Florida https://www.leveragerx.com/physician-mortgage-loans/florida
0 votes 9 answers Share Flag
Thu Nov 2, 2017
Marsha Umansky answered:
Hi Bryan. I had several clients who used VA loans to buy their homes in Florida and we had no problems or aggravations. Your realtor needs to be in communication with your VA loan officer and structure your offer in a right way to avoid or minimize your losses. Don't get discouraged. Va loans work fine. ... more
0 votes 25 answers Share Flag
Sun Oct 29, 2017
Frank S. answered:
Hello Seve, you may consider FHA 3.5% down from a minimum 580 fico score and FHA 10% down with fico scores between 500-579. What state are you looking to buy in? Check out the web reference link... ... more
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