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Financing in Deland : Real Estate Advice

  • All118
  • Local Info7
  • Home Buying32
  • Home Selling2
  • Market Conditions4

Activity 5
Mon Sep 23, 2013
Why exactly do you feel you need owner financing? Financing is, more often than not, a lot easier than people believe it is. I would be happy to speak to you.
0 votes 2 answers Share Flag
Fri Aug 2, 2013
Tony Garcia answered:
Generally you will need a non contingent ratified job offer to be acceptable income for qualification. Here are our guidelines when starting a new job:

Reviewed by Underwriting on case by case basis
• Offer letters must be executed and have no contingencies
• Employment Contracts must be fully executed and have no contingencies
• Must be a professional job to be eligible (doctor, nurse, teacher, professor, engineer)
• NO job gaps AND can only use base income to qualify
• Borrower must start job before first payment is due
• Borrower must have sufficient assets/reserves to cover the mortgage payment for the first 2 months
• PrimeLending Branch will be responsible for follow-up paystub post closing

please contact me to discuss in more detail.

Tony Garcia
Sr. Mortgage Banker
20110 Ashbrook Place #100
Ashburn VA 20147
... more
0 votes 1 answer Share Flag
Tue Apr 24, 2012
Usda Mortgage Source answered:
USDA loans take a little bit longer when compared to conventional or FHA loans. This is due to the secondary approval process that is required. The entire process from application to closing is generally around 40 days. We would be happy to assist.. please visit ... more
0 votes 1 answer Share Flag
Wed Oct 5, 2011
Wayne Gordin answered:
Yes, there is owner financing. Email/call me and I'll gladly hook you up!
Wayne Gordin
386 405 6131
0 votes 5 answers Share Flag
Wed Aug 6, 2008
Celeste Decker answered:
I know of the development you are talking about it is near southwestern middle school... I forget... oh Pomana ???something? Well Nancy is right... DAVID SEILKOP - 386-734-0713 is great....I gave him three potentials today!! Check with him or check with Lori Smith, Countrywide - 386-804-3260 ....WHAT A SMALL WORLD... Jennifer Powers ( she posted and answer right before me, I realized as I was typing) name was given to me by Lori Smith yesterday!! so she must be good as well. But, obtaining financing for buyers shouldn't be a major issue... are you unable to complete project... is that what you mean??? Do you want to sell the whole project??? I may have a potential buyer for that. ... more
0 votes 3 answers Share Flag
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