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Financing in Downey : Real Estate Advice

  • All95
  • Local Info12
  • Home Buying20
  • Home Selling2
  • Market Conditions3

Activity 3
Tue Nov 25, 2014
Gary Geer answered:
Talk to a local agent. We offer this service everyday to help homeowners.
0 votes 6 answers Share Flag
Tue Jun 24, 2014
Kevin and Julie McLaughlin answered:
There are so many factors that affect your ability to repay - On its surface, I'd guess that your Debt To Income ratio is high, but ask your lender. They will tell you
0 votes 11 answers Share Flag
Wed Jul 6, 2011
Deborah Garvin answered:
Just gave Deric a thumbs up as his answer really addresses the core question regarding rates and comparison of loan products. A mortgage professional can quite easily produce you a very detailed report analysis of your specific situaion so you can weigh out your options and compare products, interest rates and costs side by side.

I concur that FHA rates are CURRENTLY lower (in most cases) than conventional; however a few years ago FHA was typically .50 more than conventional. The message is that rates/market and investor appetitie (desire to buy) one product versus another can fluctuate at any time. Knowing which is a better solution for your financing needs is best addressed directly with a mortgage professional who will provide the information with no expectation/obligation or pressure.

Best to you,

Deborah Garvin
NMLS 279125
... more
0 votes 7 answers Share Flag
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