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 San Francisco : Real Estate Advice

  • All2K
  • Local Info253
  • Home Buying992
  • Home Selling132
  • Market Conditions81

Activity 225
Thu Apr 27, 2017
Sheryl Arndt answered:
Hello Bernie67, there is more information missing to answer as we have 100% LTV programs. Are you speaking of a refinance or purchase? Our 3% down only goes up to 424k conforming loan limits.

The purchase in 94133 start from 599k for 1bd 1ba condo. On purchase you may consider 5% down Jumbo with a minimum 720 fico score from 424k up to 1.5 million and 10% down from a minimum 680 fico score and up to 2.5 million. You will need 20% down to purchase over 2.5 million.

Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and how much you want to invest into the down payment and closing costs. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA/CalVet Loan Specialist
Credit Repair Advice At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 3 answers Share Flag
Mon Mar 20, 2017
Sheryl Arndt answered:
Hello Sfconstruct, You may consider 12-24 month bank statement programs if you are self employed.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran and VA or CalVet loan specialist
REO and Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 5 answers Share Flag
Thu Dec 22, 2016
Sheryl Arndt answered:
Hello Tim, get a few fee worksheets from a few lenders before making a decision. You would have to provide the appropriate documentation to get rate and term quotes.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 3 answers Share Flag
Thu Dec 8, 2016
Sheryl Arndt answered:
Hello Kedypn, yes your property taxes will remain the same. You will need to gather some documentation to qualify the house and yourself. Do you want any cash out or are you looking to refinance the rate and term?

A CMA, comparable market analysis, can be run to determine a market value for a start if you want cash out. A complete appraisal is needed to fund a refinance with cash out.

Do you know your fico scores? Your qualifications will be determined by your credit profile, debt to income ratios, fico scores, loan program and LTV. Your fico scores can be raised within 3-4 days in most cases to qualify for programs, rates and terms as necessary.

Jumbo refinance is available from a minimum 540 fico score depending on the LTV.

Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
Veteran & VA/CalVet Loan Specialist
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
24+ Years Experience
BRE# 01140252
NMLS# 297251
... more
0 votes 3 answers Share Flag
Wed Aug 31, 2016
Jlynch answered:
For renting out a house you can use https://rentberry.com. The site is free for landlords. Plus, it has a lot of great features that will help you to lease the house fast.
0 votes 2 answers Share Flag
Mon Jul 4, 2016
Hexlety answered:
New Home Purchase-My mortgage broker charged me Orgination comp of $7000 and Underwriter fee of $945 then gives me a credit of $6130 as lender credit. My loan is for $417K on a purchase price of $540K and my credit score is 790. Does this sound right? is this a good loan?%

I also Refi my current residence to be rental property with them and my prop value is $450K the new loan is for $153K interest rate 3.250 % and APR 3.388% No origination cost or points only loan cost of $2593 and Initial payment at closing $2935 total $5528. I believe they are double dipping or over charging in hidden charges. What can you tell me?
... more
1 vote 9 answers Share Flag
Sun Jul 3, 2016
Ryan Rudnick answered:
I can definitely refer you to a few! Sterling is one of the more popular banks that specializes in this type of loan. Let me know if you'd like a recommendation/referral to someone I've worked with there, or other banks in the area. ... more
0 votes 2 answers Share Flag
Fri Jun 10, 2016
Randall Ortiz answered:
You can start over, but I'm surprised they didn't have you pay for the appraisal up front. If you still need help with the refi, let me know, I'm a loan officer and very competitive.
0 votes 2 answers Share Flag
Wed Apr 13, 2016
Emily Lee asked:
I'm in contract to purchase a new home from a builder. According to the contract, I need to start the loan process right away and obtain a formal loan approval with no contingencies before…
0 votes 0 Answers Share Flag
Sun Feb 21, 2016
Bbaldwin7 answered:
Let's be frank about the effects of The Big One (a quake which registers 7.7- 8.0 under downtown LA)
First, forget about staying in the city. There will be no water, no jobs, no roads, sewage disposal, etc. Everything, will be totally disrupted. There will be no way to rebuild homes for 15 years because
that's how long it will take to fix the infrastructure, when this can't even be contemplated due to
continued ground settling, everywhere. No water means there is a great potential for fire-storms starting
under the right wind conditions. Your house becomes worthless. Everyone will walk away. You'll lose whatever you have unvested in it. The land it sits on is worth a dime-on-the-dollar to the Army Corp
of Engineers. The bank keeps whatever insurance it can get. The total loss, with rebuilding expenses
nears a trillion dollars. So if you have a paid up home worth a milllion bucks that you need to
abandoned it, you'll probably lose 90% of that money. Otherwise, you'll lose all that you have
in it and the bank may end up keeping the insurance money (if they can collect), which will cover
a small fraction of their own loss. The impact list goes on and on... and the government isn't going
to cover you for a tiny fraction.
... more
0 votes 23 answers Share Flag
Wed Feb 17, 2016
answered:
We offer 100% financing for physicians and dentists at Cadence Bank.
0 votes 26 answers Share Flag
Thu Feb 4, 2016
Alexander Greer answered:
You aren't going to find this anywhere.

I do not check replies, so if you have a comment or question email me here:
AGreer@TheMortgageOutlet.com

Alex Greer
Loan Officer
408-352-5147
NMLS #1056079
http://www.TheMortgageOutlet.com
... more
0 votes 1 answer Share Flag
Fri Jan 1, 2016
Rich answered:
If you need help raising your credit scores fast, we can help you..
We specialize in raising credit score dramatically in weeks, not months.
For more information visit our sit IzmCreditServices.net then contact us ... more
0 votes 35 answers Share Flag
Fri Jan 1, 2016
Rich answered:
If you need help raising your credit scores fast, we can help you..
We specialize in raising credit score dramatically in weeks, not months.
For more information visit our sit IzmCreditServices.net then contact us ... more
0 votes 9 answers Share Flag
Fri Jan 1, 2016
Rich answered:
If you need help raising your credit scores fast, we can help you..
We specialize in raising credit score dramatically in weeks, not months.
For more information visit our sit IzmCreditServices.net then contact us ... more
0 votes 5 answers Share Flag
Fri Jan 1, 2016
Rich answered:
If you need help raising your credit scores fast, we can help you..
We specialize in raising credit score dramatically in weeks, not months.
For more information visit our sit IzmCreditServices.net then contact us ... more
0 votes 13 answers Share Flag
Fri Jan 1, 2016
Rich answered:
If you need help raising your credit scores fast, we can help you..
We specialize in raising credit score dramatically in weeks, not months.
For more information visit our sit IzmCreditServices.net then contact us ... more
0 votes 5 answers Share Flag
Mon Oct 19, 2015
Jamescarlloanfirm answered:
This is for those in need of financing for any purpose, we are a licensed company here in the states and a private financial firm and can lend nationwide and internationally with unbeatable interest rate and free services for those with bad credit score. for more info, call or SMS Mr. James Carl on 267-884-0582
or simply email: jamescarl@zoho.com
... more
0 votes 9 answers Share Flag
1 2 3 4 5 6 7 ...
Search Advice
Search

Followers

607