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Financing in Dallas : Real Estate Advice

  • All2K
  • Local Info178
  • Home Buying894
  • Home Selling97
  • Market Conditions50

Activity 113
Tue Oct 24, 2017
Zach_gehner answered:
Call me at 7027153271
I work for Prime Credit Time and we will get your credit fixed fast
0 votes 100 answers Share Flag
Sat Oct 21, 2017
Jim S answered:
Typically investors will buy them in their own name and transfer to an LLC after the fact. This is dangerous though as the bank could call the loan due via the due on sale provision.

This is fairly rare at the moment w/ low interest rates but if you get into a situation down the road where you have a mortgage at 3.75% and prevailing rates are 10% there's a lot more incentive for the bank to enforce the rules.
... more
0 votes 16 answers Share Flag
Fri Aug 25, 2017
Kathy Burgreen answered:
Look at your situation from a lender's viewpoint. Lenders need assurance that you will pay your monthly mortgage payment on time every month. So exactly how will you pay March 2018, April 2018, May 2018... If you can PROVE in writing that you have money or income to pay the mortgage bill after February, any lender will give you a loan and approve you. If you cannot prove in writing that you will have the income or savings to pay... well, what do you think? ... more
0 votes 2 answers Share Flag
Thu Apr 20, 2017
Hello, I'm a mortgage professional.

We can bank and broker loans. We lend direct and can bank to other investors plus can broker. So you get access to the best programs and rates available.

I can lend nationwide and we underwrite loans fast, 24-48 hours instead of weeks.

If you have any questions or would like help with this you are welcome to get in touch with me.
... more
0 votes 1 answer Share Flag
Tue Mar 28, 2017
Susie Kay answered:
I'm a local realtor, feel free to call me and I can connect you with lenders that I typically work with. They are good and smart people so they may be able to help.
0 votes 1 answer Share Flag
Tue Nov 1, 2016
Susie Kay answered:
I can connect you with local lenders that I typically work with, feel free to reach out to me.
0 votes 1 answer Share Flag
Thu Sep 15, 2016
I have to completely disagree that an out of area lender will "slow down the process" . I have done loans all over the US as well as locally. We just closed one today in the Seattle area ahead of time (and it was a 30 day close) . Most "local" lenders wouldnt be able to do that.

I was a real estate agent for years before lending and "local" is not always better.

If you feel good about who you are working with stick to your guns and dont let an agent push you to a lender they probably get an illegal kickback from.

Good luck!
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0 votes 7 answers Share Flag
Thu Apr 28, 2016
Hasan.abdulghani asked:
I am a foreign national interested in buying a residential property in Dallas? I can make good size down payment, but need financing for balance. Can arrange monthly payments
0 votes 0 Answers Share Flag
Sat Mar 26, 2016
Susie Kay answered:
0 votes 5 answers Share Flag
Fri Jan 1, 2016
Susie Kay answered:
That depends on the type of loan and the price of home that you'd qualify for. It's 0 down for USDA loan and 3.5% for FHA. I would suggest that you contact a lender or two and discuss. I'd be happy to work with you and connect you with local lenders that I typically work with. Feel free to call me at 469-371-2899.


Susie Kay
Seniors Real Estate Specialist
Certified Home Stager

United Real Estate Dallas
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0 votes 2 answers Share Flag
Tue Dec 1, 2015
Hi Tmnr12,

It depends on a few things. Do you plan on paying of the tax lien during the refi?

Take a look at the recommendations from some of my past clients on my Trulia profile by clicking the link below my phone number.

Please feel free to contact me for more information or help.

John Burke
Senior Mortgage Banker
Lending in ALL 50 states
Great Plains National Bank
Apply Online:
NMLS# 787231
... more
0 votes 3 answers Share Flag
Mon Nov 9, 2015
Kathy Lewis answered:
USDA turns times chance frequently depending on state. Contact us with any questions,

USDA Mortgage Hub
100% USDA Rural Housing Loans
Serving all 50 states
Ph: 800-691-8826 (7 days a week)
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0 votes 9 answers Share Flag
Tue Oct 20, 2015
hawjm4 answered:
Which Hard Money Lenders will do business in the South Dallas Area?
Where the (ARV) is $200.00.00 or more
and the
(Purchase Price): $ 25K
(Rehab Cost): $ 35K

-My Credit Score is Low
-Experienced Investor and Commercial / Residential Builder for 20 years
-Own other Investment Real Estate Properties
... more
0 votes 4 answers Share Flag
Fri Sep 18, 2015
thinz answered:
This may or may not help, but you could get a secured loan with no problem if you have the cash to use as collateral. Now before you say "well if I had the cash I wouldn't need the loan...etc..etc" my thought is have a job and could probably make a few deposits in the next month or so...after doing that, you take out a secured loan and pay as agreed or even payoff this a few times and you have a better chance of getting an unsecured signature loan at the same institution by establishing yourself with good credit...I would look for a credit union or local savings and loan.
Good luck. Tom Hinz
... more
0 votes 2 answers Share Flag
Tue Sep 1, 2015
Dan Tabit answered:
Your lender will tell you how much you qualify to buy. How close to that limit you go is up to you. Get pre-approved with a great local lender and go from there.
0 votes 5 answers Share Flag
Tue Sep 1, 2015
Susie Kay answered:
You may want to post your question in CA so you can get an answer from a local lender. Your question is posted in Texas.
0 votes 1 answer Share Flag
Thu Jul 9, 2015
Michael Brownstead answered:
Hard Money Lenders are harder to find than mainstream lenders and they don't come cheap. But they can help hard-luck borrowers make bad situations better -- and sometimes, they're a consumer's only choice. ... more
0 votes 16 answers Share Flag
Sat Jun 13, 2015
Josh Barnett answered:
Call your current bank and ask to go over everything with the mortgage department.
0 votes 4 answers Share Flag
Wed May 6, 2015
John Broussard answered:
Our invesros lend up to 70% or the ARV on fix and flips. Give me a call for more details

John Broussard
Newbridge Home Loans
713-777-9996 Ext 103
0 votes 1 answer Share Flag
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