For a jumbo construction loan, I have not seen anything besides 20% down. I have not heard of anyone that has 10% down on a jumbo construction loan I am afraid. Hopefully you get some positive responses though. If not, I wonder if you can come up with 20% down (maybe get some gift money?), and then after settlement, get a 10% equity line to pay back whomever you borrow another 10% from? Just a thought. Good luck.
Can I really get a mortgage for $125K?Can I really get a mortgage for $125K with a FICO score of 580, income $45K, student loans $48k (still in school and no fees), two car loans. My husband can not go on the loan for tax reasons
I am state and federally licensed to write mortgages in 31 states for a top direct lender in the mortgage industry who offers conventional, FHA, VA, and USDA loans. We keep your info private not broker it out and we go down to a 550 credit score for VA and FHA loans.. Are lowest score we accept for government loans are 550 when most lenders require a 620 and brokers a 580. You have to have two years of income with a score over 550 with bankruptcies discharge date 2 years and over. We have basic guidelines and a pretty easy process. Feel free to text me or call me anytime up to 10:00pm Eastern with any questions.
Brian Young 214-797-3479
NMLS 902687... more
If the bank has actually taken possession, it will be listed with an agent. Banks don't normally sell their REOs any other way. It's hard to say how quickly that will happen so you'll just have to keep your eye on the listings around you.
You would be well-advised to let your buyer's agent know you're interested in this specific property because the first people to know it's for sale will be people with direct access to your local MLS.... more
Its better once you repair all those things....Home appliance like fridge, oven,dishwasher can be easily repair from appliance repairing services.....I know one good appliance service.... I can give you the details....You can use it that once you need the repairing service......
Website: http://www.doallappliances.com.au... more
Good luck with that. The mapping features on this site and on many others isn't always accurate. Besides, agents usually know to NOT rely on a site like Trulia for their info. If the information is correct in the MLS that's all you should be worried about, right?... more
Unless the mortgage is old, and I mean very, very old, it will be necessary to meet the same qualifications as the original mortgagor. On the other hand, that "old" mortgage will have a high interest rate when compared to those offered today. So...it may be easier to qualify for a mortgage in terms of income requirements than you think!
We have several gated communities in Savannah and in the surrounding areas.
A full acre lot in a gated comm within Savannah maybe hard to find, throw in the ability to build a wall and we may have problems as all gated communities will have Home Owners Association with rules and may not allow that.
Give me a call on 912 492 3201 as i would need to know what level of financing you have qualified for before i can make some proper enquiries.
Mike Renouf Keller Williams Coastal Area Partners... more