Financing in Santa Cruz : Real Estate Advice

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Brian Martuc…, Real Estate Pro in Bethesda, MD
Brian Martucci answered:
Looking for a 90%ltv cash out refinance to pay off c/c debt. Any info would be appreciated.?
I have not heard of 90% cash out. I have heard of 80% on a Conventional loan and 85% on an FHA loan. Why don't you do an 80% LTV Conventional cash out, and then after settlement find a ... more
0 votes Share Flag Mon Mar 30, 2015 Financing in Santa Cruz
 Rich, Real Estate Pro in Las Vegas, NV
Rich answered:
I need a new loan for a friend that owes $600k on a $450k home. It is neither a Fannie nor a Freddie loan.
no that wont be possible since its not a government backed mortgage
0 votes Share Flag Mon Mar 23, 2015 Financing in Santa Cruz
 Rich, Real Estate Pro in Las Vegas, NV
Rich answered:
if you buy a manufactured home are you only buying the home and not the land?
it depends on the community you're buying in. In some communities you can buy the land and others you cant.. Be sure to find out before you buy
0 votes Share Flag Mon Mar 23, 2015 Financing in Santa Cruz
Elva Wormley, Real Estate Pro in San Jose, CA
Elva Wormley answered:
Loan options for completely unpermitted but well-built home?
Hi Dekkaia,

An FHA 203k loan might work for you depending on the purchase price. Please feel free to give me a call to discuss your options.

Best regards,

Elva Wormley
Mortgag ... more
0 votes Share Flag Fri Jan 16, 2015 Financing in Santa Cruz
Richard Litt…, Real Estate Pro in Orange, CA
Richard Littlefield answered:
Mortgage Question: Our Mortgage Payment includes an Escrow Payment that was opened due to delinquent
Well, has your credit been ruined in this process?

If not maybe we can refinance it, and pay off the taxes at the same time. Call me even if has been ruined and let's see if we can f ... more
0 votes Share Flag Tue Aug 20, 2013 Financing in 95066
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