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Financing in 90008 : Real Estate Advice

  • All38
  • Local Info1
  • Home Buying21
  • Home Selling4
  • Market Conditions3

Activity 2
Mon Jul 1, 2013
Gail Mercedes Cole answered:
Lender require the funds are seasoned for a period of time. The sale of a car can be verified with sale receipt. The other cash reserves sources have to be verified.

Gail Mercedes Cole
EXP Realty
310.853.9933
... more
0 votes 3 answers Share Flag
Mon Jul 1, 2013
Gail Mercedes Cole answered:
Dear Redd 1,

I would contact a local direct lender. They will evaluate your total financial situation. It maybe that you have 6 months employment on your current job. They will check if in last 2 years there was previous e and the length of employment.
Additional Items to Consider:
- Value of subject property (lender appraisal)
- Monthly Income
- Monthly Expenses
- FICO credit score
Do not hesitate contacting lender. Hopefully, this information helpful.

Gail Mercedes Cole
EXP Realty
310.853.9933
... more
0 votes 2 answers Share Flag
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