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Financing in Clay County : Real Estate Advice

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  • Home Buying2
  • Home Selling1
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Activity 5
Sat May 9, 2015
Brownfield.c.107 asked:
Poor and Fair credit, but school loans hurt our chances of a decent mortgage and very little money down.
0 votes 0 Answers Share Flag
Mon Oct 15, 2012
Dave Haag answered:
HI Elaine,
I would be happy to help you with that. I have a few questions for you so I don't tell you about something that is not even what you want. Would you mind giving me a call at 816-564-4299 or email me directly at davehaag@remax.net.
Thanks
Dave
... more
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Sat Nov 26, 2011
answered:
FHA financing requires 3 years from the short sale date when there were late payments, certain exceptions can be made but they would all be for extenuating circumstances. However with conforming financing then 2 years after a short sale you can obtain financing with a 20% down payment (regardless if mortgage payments were late or not), and at 4 years with 10% down. Just 10% down at the 2 year mark is possible if the short sale was due to extenuating circumstances. ... more
1 vote 2 answers Share Flag
Mon Apr 11, 2011
James Gordon ABR SFR SRS answered:
Rsmsaw if there is no problem with the downpayment or deposit why not make good at where you are at?
0 votes 2 answers Share Flag
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