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Financing in Folsom : Real Estate Advice

  • All146
  • Local Info7
  • Home Buying65
  • Home Selling4
  • Market Conditions5

Activity 13
Wed Feb 15, 2017
Jonathan.brozek answered:
0 votes 14 answers Share Flag
Thu Sep 15, 2016
Craig Bosse answered:
When was your BK discharged?
0 votes 2 answers Share Flag
Tue Feb 23, 2016
Lisajhalter answered:
What would be considering commuting distance? I already have an USDA Rural housing loan and I am interested in going that same route but how far do I need to look?
0 votes 10 answers Share Flag
Fri Nov 1, 2013
anthony.venturi answered:
I have a single close construction loan with as little as 3.5% down. The loan can be used to purchase the dirt, pay for upfront fees and build.

1 vote 4 answers Share Flag
Fri Jul 19, 2013
Gregorio Denny answered:
The #1 quality should be the ability to close loans at disclosed and agreed upon terms to their borrowers. However, agents cannot determine that because they use a limited set of loan officers for most situations and rarely stray to find new, better ones. Agents often dissuade clients from using perfectly capable loan officers that offer better terms in favor of their "known" sources that don't have the same pricing options.

The #1 quality is actually 3 of them.
Reliability, affordability and availability.
... more
0 votes 15 answers Share Flag
Tue Apr 9, 2013
Rowland Fellows answered:
Sat Mar 23, 2013
Jim Walker answered:
that is a dead link Z = Page not found
0 votes 2 answers Share Flag
Fri Jul 16, 2010
C2 Financial Loans answered:
Gregorio is correct on all points addressed for an FHA Streamline. It wouldn't make sense to choose differently than a Streamline option. You can either go with or without an appraisal option. ... more
0 votes 6 answers Share Flag
Thu May 6, 2010
Doug & Bud Zeller answered:
Good question. The 2 previous answers provide great information. Folsom is in my neighberhood, so please let me know of any other concerns. Thanks, Jason
0 votes 2 answers Share Flag
Thu Mar 25, 2010
Jeff Marr answered:
hey Scott, thanks for your response!

As mentioned in my response to Boris, check out First Mortgage Corp, they seem handle the difficult lending situations - 949.457.6200

good luck my friend!

best, Jeff
... more
0 votes 4 answers Share Flag
Tue Sep 8, 2009
Donna Meyers answered:
There may be California tax credit available. Recently I was reading about something in California regarding new home purchases. So doing your homework will surely pay off in the long run. Most loans are going FHA and most loans years ago were conventional so the probablity is high that your previous house was not FHA. That is something that most of us realtors and/or title reps can help you out with. ... more
0 votes 8 answers Share Flag
Wed Oct 8, 2008
Sue Archer Reynolds answered:
When you said that your loan company changed recently, it gave me a clue that you aren't probably with World/ bought by Wells Fargo. They were doing portfolio loans, meaning they kept them in house.

If I can project what you're really asking, and that you want to negotiate your loan situation, then speaking with your current loan servicer is always the first step, but make sure that you're talking to the right department. You can waste a lot of time talking to customer service, and the best they will do is refer you to the refi department to restructure your loan. And when I've reviewed the restructure, it's normally putting clients in a worse position than they were, rather than helping them. Rather, you want to be discussing your situation with the loss mitigation department. Get their response to your situation verbally first to see what they require to renegotiate.

Is that really what you mean? For more details on that approach, you can contact me directly.
... more
0 votes 2 answers Share Flag
Tue Aug 19, 2008
Erin Stumpf (Attardi) answered:
I have referred Marlena Olson with Vitek Mortgage Group several times on this forum. Her service, honesty, integrity, and knowledge are unsurpassed. She can be reached at 916-486-6900. Vitek is a Mortgage Banking Institution - they lend their own money but sell the monthly servicing of the loan elsewhere. ... more
0 votes 5 answers Share Flag
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