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Home Buying in Chehalis : Real Estate Advice

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Activity 8
Mon Apr 17, 2017
Jesu49 answered:
I doubt it. And they like several years of work history as well. Either at the same job or in the same profession. Good luck.
0 votes 7 answers Share Flag
Thu Feb 2, 2017
Jessica answered:
Yes the credit score requirement is higher than FHA. You need a 620 score for a homepath loan, and the max DTI is 45%. The homepath program is no longer available, however an FHA loan is just as good. Check out The Lenders Network for more information and to see if you qualify. ... more
1 vote 16 answers Share Flag
Tue Apr 28, 2015
Eren Millam answered:
Hi Abel,

I noticed your question didn't have any answers so I thought I'd get one for you! The answer is a definite probably! You'd need to talk to a lender and find out if they have any programs for you. However, I do believe the waiting period is only 3 years so you should be good! ... more
0 votes 1 answer Share Flag
Wed Feb 11, 2015
Matt Polaski answered:
Yes you can I have a client in escrow now on Homepath property. FHA loan with CAL Hafa downpayment assistance and they ony need 1/2 percent down.
0 votes 3 answers Share Flag
Sun Mar 31, 2013
Dan Tabit answered:
Miacerda,
Your question appeared in WA, where you apparently currently live, but you are asking about Chicago. You may get better answers if you ask again in a Chicago thread.
Now, if you have $100k in cash and want to buy, your options are to spend just that much and take the best option available to you where you want to live, expand your search to areas where homes are less expensive that may not have the violations you are worried about or finance.
Conventional financing may not be an option for you if you can't source the funds. Other options may exist though, which could expand your range, provided you are willing to take on debt and are confident your income can support it. Ask your Realtor for a recommendation to a lender who does Portfolio loans and or hard money loans. The qualifications for these loans are different and you may find some allowance for your circumstances. The rates and fees may be higher than you see advertised for conforming financing, because you represent a greater risk then someone who can fully document their income.
I also want to go on record as saying these are options for you, not necessarily recommendations. For me to recommend these, I would have to know a lot more about your situation. Paying higher rates and fees and essentially putting your down payment at risk should be considered very carefully before proceeding.
... more
0 votes 1 answer Share Flag
Tue Apr 3, 2012
Brandi answered:
Tue Nov 29, 2011
Jirius Isaac answered:
I am both a lender & a real estate broker. If you want to contact me directly, I would be happy to discuss this with you.. In order to answer your question, I would have to ask you some other questions first. ... more
0 votes 2 answers Share Flag
Mon Jun 6, 2011
Jirius Isaac answered:
Of course you can, & it is probably preferable as long as you have the 20% down payment so you can avoid the mortgage insurance that Homepath illiminates by raising the interest rates a bit. CAll me if you want to discuss all your loan options with me any time. I am a loan originator & a real estate agent. 206-841-9976 ... more
0 votes 6 answers Share Flag
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