Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Home Selling in 99336 : Real Estate Advice

  • All10
  • Local Info1
  • Home Buying4
  • Home Selling2
  • Market Conditions0

Activity 2
Fri Jan 30, 2015
USMortgageRanger answered:
Hi Jim,

It would be foolish to get cash back in any purchase transaction vs using that cash to buy down the Interest rate as this would give the borrower better benefits over the long haul. In a VA transaction those funds can also be used to pay the funding fee, but the only money that can be refunded to the Veteran is his down payment not the funds that you grant to cover the closing cost, per the VA guidelines.

I recognize that you are very busy, so I am only asking you to spend 6 minutes with me to discuss your needs so we can determine if we can be of service to you. After answering just a few simple non-credit related questions (I do not need to pull your credit report in advance) I will be able to email you some options that will allow you to immediately determine if we are the right choice for you and your family.
Please give me a call to make your dreams a REALITY.

Lowell Sterling
Mortgage Banker
NMLS# 968898
The Federal Savings Bank
Mobile: 469-347-3572
Direct: 512-717-0403
... more
0 votes 2 answers Share Flag
Wed Apr 9, 2014
lacy.angela answered:
Thanks for all the answers guys! Oddly enough, I just got the notification today. The buyer's USDA loan FINALLY funded and we got out of there ... only three weeks later than the original closing date. If I had realized that having a USDA buyer would be such a nightmare, I absolutely would not go through with it again. But live and learn... ... more
0 votes 5 answers Share Flag
Search Advice