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Financing in El Cajon : Real Estate Advice

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  • Local Info21
  • Home Buying25
  • Home Selling8
  • Market Conditions4

Activity 15
 Lillytena, Real Estate Pro in South Miami, FL
Sat Aug 13, 2016
Lillytena answered:
A construction loa is any value added loan where the proceeds are used to finance construction of some kind. In the United States. A construction loan is a more specific type of loan, designed for construction and containing features such as interest reserves, where repayment ability may be based on something that can only occur when the project is built.

Thus, the defining features of these loans are special monitoring and guidelines above normal loan guidelines to ensure that the project is completed so that repayment can begin to take place.

http://USAConstructionLoans.com
... more
1 vote 4 answers Share Flag
Bishopgoodlu…, Home Buyer in Charlotte, NC
Wed Oct 28, 2015
Bishopgoodluck01 answered:
Hello,

Thanks for your response,

I Bishop Leo Morgan willing to lend out loans with the interest rate of 3% and within the amount of $3,000 to $8,000,000 as the loan offer, We offer loan at low interest rate and with no credit check, we offer Personal loan's, debt consolidation loan's, venture capital,business loan's, education loan's, home loans or "loan's for any reason!However, Our method offer's you the chance to state the amount of loan needed and also the duration you can afford, We are certified and registered, so you have nothing to be afraid off, If you are ready in applying for a loan.

Our loans are well insured for maximum security and this is our major priority. Are you losing sleep at nights worrying how to get a Legit Loan offer? Are you biting your fingernails to the quick?Instead of beating yourself up, we are loan specialists who help stop Bad
Credit History.

If you are Interested, you have to fill out the Loan Application Form below, Immediately you fill out the Loan Application form, you are to send it back to us, so that your loan can be processed here without any further delay once the information's gets to our office.

( LOAN APPLICATION FORM )
(1) First name:......
(2) Last name:.......
(3) Prefix (Mr., Mrs., Ms., Dr., etc.):....
(4) Purpose of loan:.....
(5) Date of birth (yyyy-mm-dd):.....
(6) Next Of Kin:.....
(7) Country:.....
(8) City:......
(9) State/Province:.....
(10) Work address:.....
(11) Phone:.....
(12) Fax:.....
(13) Monthly Income......
(14) Amount Needed As The Loan:.....
(15) Duration:....

I hope to hear from you soon.email:bishopleoloanfunds01@gmail.com

Kind Regards,
Bishop Leo Morgan
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0 votes 8 answers Share Flag
services.48h…, Renter in East Bayside - India...
Wed Sep 3, 2014
services.48hoursloan answered:
0 votes 11 answers Share Flag
Shane Milne, Real Estate Pro in South Jordan, UT
Fri Aug 1, 2014
Shane Milne answered:
Do you currently have an FHA or VA loan?

Both have a refinance option that does not require you to have any equity.

Shane Milne | Lending in all 50 states | NMLS #81195
shane@thebesthomeloans | 949-273-4161 direct ... more
0 votes 2 answers Share Flag
Melody Pevat…, Real Estate Pro in The Woodlands, TX
Thu Nov 21, 2013
Melody Pevateaux answered:
Not sure if you've already bought a home, or if you're still in the market, but now could be a good time if so! The holidays are a great time to purchase, because sellers on the market are serious, and there are less buyers out and about... They'd rather enjoy the holidays, which could work to your advantage! :) My husband is also active duty, and I served for eight years... I am also an El Cajon resident. I'd love to work with you as a team, if you're still in the market! -Melody ... more
0 votes 15 answers Share Flag
Ruth and Per…, Real Estate Pro in Los Gatos, CA
Sat Nov 2, 2013
Ruth and Perry Mistry answered:
Hi Kelley

Talk to the many fine lenders responding to you to this query

Or call

www.cashcall.com

Good luck

Perry
0 votes 17 answers Share Flag
Jessica Bate…, Real Estate Pro in Beverly Hills, CA
Mon Oct 14, 2013
Jessica Bateman answered:
You can get an FHA loan with your score now with some lending institutions but not many. I would recommend finding a broker or service to help you locate a reputable lender that can approve your loan at a decent rate. I have client's who have got approved and received a good rate at The Lenders Network with FHA and VA home loans. If anyone can find you a loan they can! ... more
0 votes 7 answers Share Flag
Jessica Bate…, Real Estate Pro in Beverly Hills, CA
Mon Oct 14, 2013
Jessica Bateman answered:
You can get an FHA loan with under a 600 middle score with some lending institutions but not many. I would recommend finding a broker or service to help you locate a reputable lender that can approve your loan at a decent rate. I have client's who have got approved and received a good rate at The Lenders Network with FHA and VA home loans. If anyone can find you a loan they can! ... more
0 votes 6 answers Share Flag
Alexander Gr…, Real Estate Pro in San Jose, CA
Thu Aug 15, 2013
Alexander Greer answered:
I was just looking through old post and I noticed yours. If you were not able to refinance at the time of the post, I can certainly help you out now. You can call me at 408-352-5147 or email me at AGreer@themortgageoutlet.com. You can check us out at http://www.TheMortgageOutlet.com. I will look at your situation and present you with some options.

Alex Greer
NMLS #1056079
... more
0 votes 9 answers Share Flag
Michael Robe, Real Estate Pro in El Cajon, CA
Sat Sep 29, 2012
Michael Robe answered:
The biggest issue with any lender is "how much skin you have in the game". In other words, how much you are putting down as a percentage towards the purchase of your new home. Often a poor credit score can be alleviated via a large down payment, such as a 80 / 20 loan to value ratio. Please feel free to contact me directly to go over your buying and selling needs and criteria. Thank you, Michael Robe 619 701 0309 ... more
0 votes 7 answers Share Flag
Rachell Lara, Real Estate Pro in La Mesa, CA
Sat Sep 29, 2012
Rachell Lara answered:
640 is the lowest score that lenders will take so you are pretty close, but if you could get to 680 other opportunities would be available. Have you tried to improve your credit score? I know of a Credit Repair program that has an A+ rating at the BBB and a money back guarantee. They could most likely get that score up in a couple months and then you could qualify for the better programs.

Call me with any further questions I am always happy to help,

Rachell Lara
Keller Williams Realty
619-316-7445
... more
0 votes 7 answers Share Flag
Claudia Mull…, Real Estate Pro in Fremont, CA
Tue Jun 12, 2012
Claudia Muller answered:
As a direct lender:

We need to find out why your credit score is reflecting so low?

Based upon your question I can see one reason that is reflecting low.
You have a credit card with a $300 limit. You have a balance of $255. That is 85% of your available credit. This is dragging your credit score down. Try to keep that balance at 50% or lower. This will help that credit score greatly!!

The car that went to collections is also pulling dow the credit score. Did you pay that collection off? Is it showing as zero?

If the collection is still showing an outstanding balance you should set up a payment plan with them or settle with cash and have them reflect a zero balance. Keep in mind: any time you deal with a collection account, it becomes 'new' and fresh. Best to keep the collection accounts as is unitl a really well trained mortgage professional reviews your credit report and is able to suggest what is best for your credit score.

We can get FHA loans approved with 620 scores, but that is the very lowest credit score that FHA will accept. (We go direct to FHA with these loans, so we can go as low as 620. Most lenders will be limited to 640)

Because you need both incomes, you need to have your credit analyzed and start working on building that credit score closer to 620 for you.

You can do it!!
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0 votes 8 answers Share Flag
The Salas Gr…, Real Estate Pro in Solana Beach, CA
Tue May 22, 2012
The Salas Group, Jesse Salas answered:
Very few lenders offer this. I would try to buy a manufactured home in a complex that allows you to buy both the home and the land. I have a listing in a very nice complex that allows for that. Contact me is interested and I can share. good luck!

Jesse G. Salas
DRE#01877872
Homes for Heroes San Diego
Conventional Properties, Inc.
Direct: (619) 980-0883
... more
0 votes 5 answers Share Flag
Dallas Texas, Real Estate Pro in Dallas, TN
Wed Oct 13, 2010
Dallas Texas answered:
Obtain an accurate mortgage score contact a loan officer who can determine all the facts.

However most lenders require 625 + score, 3.5% as down payment, 2 year work history, debt / income in check much more.

Published blog which might assist you: http://www.lynn911.com/Web/AR287090/CustomContent/index/5032451

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
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0 votes 1 answer Share Flag
Jennifer, Both Buyer and Seller in San Diego, CA
Tue Nov 10, 2009
Jennifer answered:
Christy,

I am in the same boat you are and i have been told I cannot take the credit, because I own the mobile home. I pay taxes on it yearly, if you don't and only pay the dmv you may have a chance otherwise no.

If your actually able to sell your mobile thank your lucky stars you can, with or without the credit. My home is completely unsellable do to the high park rent.

Look into the new 6500 tax credit the government just passed, you may qualify for it. Good luck.
... more
0 votes 5 answers Share Flag
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