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Financing in Rockville : Real Estate Advice

  • All175
  • Local Info15
  • Home Buying51
  • Home Selling3
  • Market Conditions12

Activity 9
Sun Dec 25, 2016
Jonathan Lahey answered:
Yes i also agree .. all of the proof of income should be present upon purchasing a home to be approved.
0 votes 8 answers Share Flag
Fri Aug 19, 2016
Feng asked:
I am a green card holder and my wife has j-1 visa and she works for NIH.
We want to give an offer. The loan amount based my own salary is not enough.
Is it possible for us to apply mortgage…
0 votes 0 Answers Share Flag
Wed Jul 10, 2013
Catherine Purcell answered:
Thanks Piero, Dave called and we will talk tomorrow at 10am. Are you available then for comps?
0 votes 6 answers Share Flag
Mon May 6, 2013
Sure Gregorio here is my answer.
An internet quote to me is the general one size fits all quote you see all too often. I asked the client to contact me to get his credit score, type of home, location and timeframe for settlement. All items needed to give an honest, fair rate quote that can actually be delivered. No promises of a 15 day close or massive point buydown as you see online many times.

That's the difference. I don't throw rates out online as they change everyday and are different for everyone.
That to me is the differerence between what I am willing to provide and an "internet quote."

Thanks for the question.

Brent Mendelson
Senior Loan Officer
1ST Mariner Mortgage
Lending in all 50 states
... more
0 votes 5 answers Share Flag
Sat Feb 16, 2013
Your Solar Realtor answered:
Hi, Allie. You can lower your debt to income ratio by paying down some debt or increase your income.
0 votes 10 answers Share Flag
Fri Feb 8, 2013
4506t is required for all borrowers prior closing on all Fannie Mae loans.
0 votes 7 answers Share Flag
Mon Aug 24, 2009
Well said Mr. Ballhagen.

Dreago. You are buying a house, not a car. Just find one company and stick to it. That person is going to spend a lot of time and money on you. Put the shoe on the other foot.

If you still don't care, then look at it this way. The builder is going to be more lenient on closing if you use his/her lender. Make sure you get something in writing from the builder that if the lender takes advantage of you, you have the right to go with a different lender and/or get your earnest money or deposit back.

If you take the chance of going to a lender that does not work with the builder and that lender screws up and delays the closing or can't get you closed, you may lose your money. Are you willing to take the chance?
... more
1 vote 3 answers Share Flag
Tue Jan 20, 2009
Robyn Porter answered:
Hello again S.

As noted, the best route for you to go is to speak with a lender familiar with our area. A local lender is your best option for understanding loan programs that best meet your personal situation, as well the opportunity that allows you to work with someone that is familiar with Washington DC area's unique real estate market. I am happy to provide you with local lenders that can speak to your specific situation. ... more
0 votes 7 answers Share Flag
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Financing in Rockville Zip Codes