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Financing in Manchester : Real Estate Advice

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  • Home Buying14
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Activity 7
Fri Feb 1, 2013
kfrank1977 asked:
Have a condo/ investment property in CA that I would like to refi HARP 2.0. --- LTV aprox 135%, no lates in mtg in the last 12 months, no cash out, No cash-out refi, Freddie Mac (prior to…
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Mon Sep 17, 2012
Fran Rokicki answered:
Have you gone back to the bank that now holds the mortgage? I have had clients that have had success with their original mortgage holder, as long as they participate in the HARP program. Give them a call. ... more
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Sat Aug 4, 2012
Gregorio Denny answered:
When I combine your 2 questions, I believe the answer you are looking for is that in order to purchase the 2 - 4 unit non-owner occupied property when you already have 4 mortgages you will need to find a Fannie Mae direct lender and put 25% down. ... more
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Sat Aug 4, 2012
Gregorio Denny answered:
You can get up to 10 mortgages. Just find someone in your state who either is a Fannie Mae direct lender or brokers to a Fannie Mae direct lender.
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Wed Jun 27, 2012
Bfoster2600 answered:
I own a condo in Manchester, 2 bed 2,5 bath and same is up for rent starting 7/1 and would be willing to discuss a to own option. Give me a call to discuss at 314-660-9172 and ask for Beth ... more
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Wed Jun 20, 2012
Seth Winkleman answered:
Try Eric Gadarowski 860-7965596. He is the Mortgage Banker in our office. Please let me know if that helps SethWinkleman@PrudentialCT.com
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Sat May 5, 2012
Paul Marzolla answered:
I've had tremendous success with HARP 2.0's, especially when they are multi-unit investment properties. Having a stellar credit score of 800 will be extremely helpful. It will really come down to whether Fannie or Freddie own it since each use different qualifying ratios.By ratios I'm referring to Debt-to-Income (DTI) and Combined-Loan-to-Value (CLTV). I know what to look for and can give you an accurate answer as to whether you qualify in a matter of minutes.

I'll be available throughout the weekend if you'd like to discuss your scenario in greater depth. I may be reached directly on either my office phone, (201) 203-2266, or my cell phone, (551) 486-0243. I look forward to helping.


Paul Marzolla
pmarzolla@unvmortgage.com
(201) 203-2266
(551) 486-0243
... more
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