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Financing in New Haven : Real Estate Advice

  • All117
  • Local Info7
  • Home Buying50
  • Home Selling4
  • Market Conditions2

Activity 4
Sun Apr 14, 2013
Javier Meneses answered:
Rates do vary from one lender to another. I can also tell you that with your credit scores you should be n the neighborhood of 3.25% or so fixed for 30 years and paying ZERO points, in fact this rate often allows us to give you what's called lender credits which is money that can be used towards your closing costs. Rates and fees are different from one lender to another even if you're comparing two bankers or two brokers or a broker to a banker.

I always advise people to not only shop rates and fees, but rather a reliable and trust worthy Loan Officer. I want to advice you that in June of 2013, there will be HUGE changes to the FHA program that'll make it more expensive for you the buyer. Consider speaking to an FHA experienced Loan Officer to pre-approve you.

Feel free to contact me if you need help from a reliable Loan Officer. Good luck!

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Javier Meneses
Senior Loan Officer
NMLS #23130
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
jmeneses@snb.com
(516) 606-9648
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Mon Apr 30, 2012
Joseph Walters answered:
The last answer is incorrect. The FHA 203k program can be used to make improvements on a home you currently own. You can visit the webpage below. If you have any direct questions feel free to contact me @ 203-627-0495. Thanks Joe Walters Realtor & mortgae consultant ... more
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Wed Mar 7, 2012
Roshan answered:
A couple of you mentioned it will not have a negatvie affect for a limited amount of time. How much time would that be? Suppose we don't find a house we like within that timeframe, would we have to get pre-qualified again? And would it in turn ding our credit again? ... more
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Thu Aug 19, 2010
Elizabeth Herbert answered:
Do you have a social security number and a type of residency? I would advise my clients in a situation similar to yours to speak with their attorney.

I am a member of FIABCI/International Real Estate Federation so if I can be of further assistance feel free to contact me at elizabeth@elizabethherbert.com ... more
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