Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Financing in Indiana : Real Estate Advice

  • All178
  • Local Info9
  • Home Buying105
  • Home Selling15
  • Market Conditions0

Activity 203
Thu Sep 21, 2017
Desag answered:
Hi guys, I contcted ZEUSHACKERS01 at OUTLOOK dot COM to help me increase my credit scores to 811 and I even qualified for a conventional mortgage. There was no way I had the time or knowledge to fix my credit myself.They did exactly what they said they would do and helped increase my credit score to 850, I'm now able to have a car loan that I've been looking forward to get in a long time. Thank me later ... more
0 votes 9 answers Share Flag
Wed Sep 20, 2017
Kathy Burgreen answered:
You can, however lenders will seriously question your ability to commute 100 miles. Typically, lenders refuse to give buyers low interest rates, low fees and terms for residential loans when the distance between the primary home and their job location is beyond a "reasonable" commute. When distance is 100 miles, lenders will tell you that this is an investment loan which has higher interest rates, higher down payment requirements and higher fees.

You will have to convince lenders that the commute is "reasonable" and this is not for an investment loan. Good luck.
... more
0 votes 1 answer Share Flag
Thu Sep 14, 2017
Kathy Burgreen answered:
0% down payment only applies to VA loans for eligible military veterans and USDA loans if you are buying a rural property and meet income requirements. Down payment assistance grants from your city / county / state is typically for 1st time homebuyers.

At 3% down payment, there is the FHA and other loan products. From there you have 5% down. More important - you need to find out if you will qualify with 2 mortgages.
... more
0 votes 1 answer Share Flag
Wed Sep 13, 2017
Andrew Chin answered:
Ok, credit scores for va loans make very little sense to me. Matter of fact banks would want horrible lenders with va loans. Bank loans money, buyer doesn't pay, bank gets money va sells home again, bank gives loan for house again, buyer pays or not, bank gets money, va or buyer gets house. Makes sense to me to give va loans like candy. Just saying. ... more
0 votes 33 answers Share Flag
Wed Aug 23, 2017
Sally Grenier answered:
YES, you must still make payments. Once the refi is complete (you'll have a "closing" just like when you purchased the home) then you'll be notified of who your new mortgage company is and what your new payment will be. ... more
0 votes 1 answer Share Flag
Sat Jul 15, 2017
Ferne59sabo asked:
"stuff" We need our property to be clear for staging. Also, there are no comps. Please advise.
0 votes 0 Answers Share Flag
Fri Jul 14, 2017
Lmwatson44 asked:
Sun Jun 18, 2017
Deannatrio77 asked:
Is it possible to get a 203k loan and use down payment assistance (I took the Framework Class). I'm located in Marion County, Indianapolis, Indiana.
0 votes 0 Answers Share Flag
Thu Feb 23, 2017
answered:
Hello, I can lend nationwide and we do FHA construction loans.

I'm avialable almost 24/7.

If you would like help with this you are welcome to contact me.
0 votes 1 answer Share Flag
Tue Dec 27, 2016
Jeannie.deck asked:
Before marriage name on deed not mortgage, now divorce husband quitclaim, name still on mortgage.What is it I can do when not able to refinance.
0 votes 0 Answers Share Flag
Tue Dec 13, 2016
Lisa Brown answered:
We are looking for 3 bed 2 bath lease to own property in fishers in. Please email information to lisa_berkel@yahoo.com
0 votes 8 answers Share Flag
Fri Aug 12, 2016
Kendratara answered:
USDA guaranteed loan is a great program if you qualify. No money down and relatively low mortgage insurance compared to other loan programs. Contact an USDA approved lender to learn about their specific qualification requirements.
Web Reference: http://usdalenders.org
... more
1 vote 10 answers Share Flag
Thu Jul 7, 2016
angel241989 asked:
The house was paid before she died, and I didn't technically buy the house, although my name is on it now. My husband and I want to move to Florida and sell this house in Indiana,…
0 votes 0 Answers Share Flag
Fri Jun 17, 2016
shawn.mills asked:
I have a low credit score due to a missed payment three years ago on a vehicle. Unfortunately, due to my mistake and a relocation for work, the missed payment was never made. As such,…
0 votes 0 Answers Share Flag
Fri Jun 3, 2016
USMortgageRanger answered:
Is the loan a FHA home loan. If so then FNMA guidelines would require FHA appraisal. If you are worried about the FHA appraisal guide is too strict. I have a loan that requires just 3% down and depending on the credit 620 + does not requires PMI or the buyer can purchase the PMI option separately. This loan is a Wells Fargo Exclusive loan (Your First Mortgage) Give me a call to go over all the details and I would be happy to show the borrower that he will have less payment than FHA and smaller loan size as there is no UMIP with the loan.

Lowell 469-347-3572
... more
0 votes 1 answer Share Flag
1 2 3 4 5 6 7 ...
Search Advice
Search

Followers

37