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Financing in Chicago : Real Estate Advice

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Activity 515
Fri Jul 3, 2015
kerry white asked:
I am currently looking for a loan amount of 20k. I have a 3 bed 1 bath ranch that can rent for 1,200 easily. The property is also fully rehabbed. It has been appraised at 45k. I was looking…
0 votes 0 Answers Share Flag
Wed Jul 1, 2015
Noah Seidenberg answered:
Yes, I have sold many. If the building is FHA approved it is eligible for that type of loan.
0 votes 3 answers Share Flag
Sat Jun 27, 2015
Bob Brandt answered:
They do not do them anymore and the question is over 5 years old.....
0 votes 14 answers Share Flag
Sun Jun 21, 2015
Karen Peyton answered:
Your question is best answered by a bankruptcy attorney. Initial consultations are often free, during which time you can determine whether or not it's a viable solution to your financial situation.

Best of luck!
... more
0 votes 1 answer Share Flag
Fri Jun 5, 2015
Brian Nguyen answered:
There are lenders like myself that are able to do loans with only ITIN numbers. Although, this type of loan usually requires a decent sized down payment. So if you have a down payment available, then this type of loan may be a good option for you. Either way, the best thing for you to do is to speak with a knowledgeable lender to see if you can get started on financing a new home. If you need additional assistance, feel free to reach out. Good luck!

Brian Nguyen
Sr. Mortgage Banker
NMLS # 659743
Phone: 949.667.2887
brian.nguyen@nafinc.com
... more
0 votes 2 answers Share Flag
Fri Jun 5, 2015
Bart answered:
We offer ITIN loans nationwide.

Our guidelines are as follows:

2 yrs employment in the USA (Tax returns and W2s are required)

US Bank Account that is at least 60 days old

20% down

125K loan amount is minimum

Let's discuss your loan scenario! My number is 800 315 8803 and my name is Bart. I have been lending nationwide since 1987 and am happy to answer your mortgage questions.



Bart Gabe

http://www.bartprequalifies.com

800 315 8803

bart@bartprequalifies.com
... more
0 votes 3 answers Share Flag
Fri May 15, 2015
Jeff Nobleza answered:
Try Lex Carter with Evolve Bank, he's a good honest lender who can help you. 312-637-9210

Jeff Nobleza
At Properties
1821 Benson Avenue
Evanston, IL 60210
0 votes 2 answers Share Flag
Mon May 11, 2015
Noah Seidenberg answered:
It is possible, you never know. I would expect more questions until you close
0 votes 1 answer Share Flag
Sun May 3, 2015
Noah Seidenberg answered:
Check out this web site:

https://entp.hud.gov/idapp/html/condlook.cfm
0 votes 5 answers Share Flag
Sun Apr 26, 2015
Tony Garcia answered:
Look into Pacific Union, I think they can do this.
0 votes 1 answer Share Flag
Tue Apr 14, 2015
Haley Levine answered:
Hi Joan,
I work with a lender that could help! He's quick and experienced.
Feel free to reach out to me and I'll connect you.
haley@haleylevine.com
847-644-6848!
1 vote 1 answer Share Flag
Mon Apr 6, 2015
Tony Garcia answered:
Hello,

We offer a portfolio product with no waiting period after short sale or foreclosure. It does require 20% down and only available in a 5 or 7 year arm.

Email me at tony.garcia@banchomeloans.com to discuss. ... more
0 votes 1 answer Share Flag
Sun Apr 5, 2015
Bob Brandt answered:
You may want to ask your new loan officer to run your credit first and then discuss your options, depending on what shows up on it.
0 votes 2 answers Share Flag
Thu Mar 19, 2015
Patty Harrison answered:
if you were paid as agreed prior to the short sale, we may be able to help. Please click on my logo to contact me and I would be happy to see if I can help.

Best regards,

Patty Harrison
630854-3459
... more
0 votes 2 answers Share Flag
Tue Mar 17, 2015
Brian Martucci answered:
It sounds like you are refinancing? It is fine, just make sure the appraiser has access to that room. Also, just so you know, you will not be able to kill boarder/roommate income on the loan application. ... more
0 votes 5 answers Share Flag
Mon Mar 16, 2015
Matt Laricy answered:
This is something you would of had to agree with your lender about. I would talk to them on it.
0 votes 7 answers Share Flag
Fri Mar 13, 2015
JoAnn Ross answered:
HI, I was reading this thread and was searching for a hardmoney lender for my third project. Any recommendations would be greatly appreciated. To keep this great deal 2 unit $55,000 and renovate $70,000, I must close before March 23, 2015.




Thank you,

JoAnn
... more
0 votes 16 answers Share Flag
Thu Feb 26, 2015
Todd Shissler answered:
Call Michelle Bobart with Guaranteed Rate. https://www.guaranteedrate.com/MichelleBobart She will help you out.
1 vote 2 answers Share Flag
Tue Feb 24, 2015
Todd Shissler answered:
You should reach out to a mortgage broker and have them walk you through the different options that you might have. I really like Guaranteed Rate.
0 votes 4 answers Share Flag
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