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Financing in 92101 : Real Estate Advice

  • All77
  • Local Info4
  • Home Buying31
  • Home Selling3
  • Market Conditions2

Activity 9
Thu Nov 13, 2014
Charanjeet Ajmani answered:
Hi There,

Yes, you can. Here is the list of top mortgage bankers in California to work with. The down payment requirement is slightly higher and interest rates too. But it is doable and happens all the time.

All the best!

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Wed Sep 24, 2014
RJ Leal answered:
Thu May 22, 2014
Bryan Horn answered:
Fri Apr 18, 2014
Neal Akin answered:

Try BBVA Compass Bank, my clients and I have had success with them and their portfolio products.

To gain insight as to who I am, how I conduct myself and how I take great care of my clients, please refer to my recommendations on Trulia.

Very Respectfully,

Neal I. Akin - Realtor
The Akin Real Estate Team
Coastal Premier Properties
BRE# 01812949
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0 votes 6 answers Share Flag
Mon Jan 20, 2014
The first time 1099 filing can be problematic. However, I often have options that will only require one year of 1099 filing to qualify you. (It would have to be after you filed your 2013 taxes)

make sure you deal with a lender that fully understands how to structure something like this and is realistic about what they promise you. There are unlikely to be true guarantess in your situation!

I'm available to help you at your convenience if you wish.

I can do a full underwriting approval ahead of time if need be and I also offer credit score improvement programs for free while we work on your mortgage. Everyone likes to raise their score!

If you like my answer, consider clicking on a “Thumbs Up” or “Best Answer”


Robert L. Hanson
Gladewater National Bank
First Time Homebuyer Specialist

Direct: 240-752-7549 Cell: 301-651-7822
NMLS# 695929

Rate quote or live chat with me at the link below:
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1 vote 6 answers Share Flag
Wed Oct 19, 2011
Robert Chomentowski answered:
Whatever you can negotiate. Probably a little higher than current conventional 30 year fixed rates. Seller financing is a GREAT way to go if you can do it. You reduce closing costs, it won't report to your credit and have a lot of flexibility down the road. ... more
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Sun Apr 10, 2011
Gregorio Denny answered:
I'm a little late in the game with this answer but hopefully it will add to piece of mind. What you have been quoted is fair for a condo. A 2% origination on a 140K loan amount is also reasonable.

If you are happy with the level of service you are getting, I would urge you to move forward. The only question I would have is if this is locked or not. If it's not locked yet, you need to follow up and make sure it's still available.
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Thu Apr 23, 2009

Congratulations on your fantastic FICO credit scores. They are truly something to be proud of!

The answer regarding the FHA-insured loans is right on the mark. With only 3.5% down payment associated with these loans, they offer you the best opportunity for a low/minimum down payment. Upon earning a little more information from you, we can discuss if this is truly the best route for you to take regarding your financing and financial future.

As a lender that can assist you within the State of California (and many other states across the U.S.), I would be very happy to answer any further questions you might have regarding a home purchase and mortgage lending, assist you with pre-qualification prior to contract, and financing for closing. My services on your behalf do not end at the closing table, but continue for your financial benefit through my mortgage planning services.

To learn more about my mortgage services, background, and abilities, please go to my website at: Also, there is information contained within that site relating to the first-time homebuyer's tax credit and more. If this is your first home purchase (or you have not owned a home within the last three years), this information may be of particular interest to you and your wife.

I can be reached here at trulia,.com, my website, email (, or my Direct Line: 815.277.4036, at your convenience. I look forward to hearing from you soon and earning the opportunity to work with you on your upcoming purchase.

Gene Mundt, Professional Mortgage Banker
Chicago Bancorp
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0 votes 7 answers Share Flag
Mon Jul 16, 2007
Luxury Mortgage Group answered:
Financing a luxury highrise condo is not the same as financing a single family home. You need a lender that is a *high rise mortgage specialist* on your side to deliver you all available options. I urge you to do your research... ... more
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