Financing in Butte : Real Estate Advice

change location

cancel or

Activity

6
Joe Borelli, Real Estate Pro in Riverview, FL
Joe Borelli answered:
Second-time homebuyers stuck in a 203k streamline situation. We had a home inspection, and were told we'd never get a conventional fha loan.
Just because a lender is approved by FHA does not mean they will offer the standard 203K or the Streamline K. You need to work with FHA lenders in Montana who have prior experience in f ... more
0 votes Share Flag Tue Jul 26, 2016 Financing in 59701
Joe Borelli, Real Estate Pro in Riverview, FL
Joe Borelli answered:
What are the costs associated with a 203k streamline loan? I am buying a house for $176,500 and am under the $15k reno cost.
Just because a lender is approved by FHA does not mean they will offer the standard 203K or the Streamline K. You need to work with FHA lenders in Montana who have prior experience in f ... more
0 votes Share Flag Tue Jul 26, 2016 Financing in 59701
Don Tepper, Real Estate Pro in Burke, VA
Don Tepper answered:
What does it mean when the bank says "your loan is being underwritten today"? thanks, k
That's good.

As Sally explained, that means they're reviewing your entire loan application. Typically that's done by an "underwriter." He or she goes through ... more
0 votes Share Flag Thu Jun 23, 2011 Financing in Butte
Red_as_copper, Home Buyer in Butte, MT
Red_as_copper answered:
When does FHA require a home to be reappraised? Bank just called to say I need another apprasial even though I paid for one less than 30 days ago.
After speaking with the lender again today, they are sticking by their guns and telling me it is an FHA requirement. He even went so far as to tell me the FHA underwriter didn't u ... more
0 votes Share Flag Tue Dec 28, 2010 Financing in 59701
Celia Butler…, Real Estate Pro in Gilbert, AZ
Celia Butler Home Loan Diva answered:
Can anyone help me with FHA 203k loan questions?
Hi there ...
so sorry for your situation. Wells Fargo, in my opinion, is one of the worse in closing times. I as a mortgage broker, and lender in all 50 states, have the ability to ... more
0 votes Share Flag Mon Sep 27, 2010 Financing in 59701
Red_as_copper, Home Buyer in Butte, MT
Red_as_copper answered:
we're under contract on a real fixer-upper, and we have an fha loan. what if the seller won't take care of items like the roof, or rotted?
Some of you mention the original "purchase contract" - are you referring to the buy/sell agreement? This is the third home I've offered on and in all of the transactions ... more
0 votes Share Flag Wed Sep 15, 2010 Financing in 59701
Search Advice

Followers

22
Email me when…

Learn more

Home > Montana > Silver Bow County > Butte > Financing in Butte
Copyright © 2016 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer