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Best Way To Find A Mortgage Broker All Locations : Nationwide Real Estate Advice

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Showing results for Best Way To Find A Mortgage Broker [Clear search]
Thu Apr 11, 2013
Gregory Touchstone answered:
I did the same for a military family just last year about the same time. I know a great area in Stone Oak where the elementary school and middle school are across the street from each. That would make things very convenient for you I am sure.

Gregory Touchstone
Keller Williams Realty
210-660-2834
gregory.touchstone@gmail.com
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0 votes 7 answers Share Flag
Sun Jan 26, 2014
Kate Paris answered:
Hi,

I can help you with the purchase of your second home. Give me a call or send me an email with your desired location, home size and time frame.

407-230-7807 or RealtorKateFL@gmail.com

Kate Paris, Realtor
Charles Rutenberg Realty
1900 Summit Tower Blvd.
Suite 220
Orlando, FL 32810
... more
0 votes 16 answers Share Flag
Fri Apr 12, 2013
answered:
For an FHA mortgage, most lenders require a 640+ credit score for the last 2-3 years now.

Prospect Mortgage is one of the few direct lenders to offer an FHA 580-639 FICO loan program. Credit profile is a major factor in a mortgage approval. Generally, there should be no late payments, new collections accounts/charge-offs/liens/judgments in the last 12 months. It is required that all open collection accounts must be paid in full if their cumulative balances exceed $1,000.

The 3.5% minimum down payment can be from the borrowers own funds or it can be gifted from a family member. Two months of reserves for the PITI (Principal + Interest + Taxes + Insurance) payment + HOA Dues will be required. This must be from the borrower’s own funds and not a gift.

Working with a knowledgeable and seasoned loan officer is critical in today's market. Getting Pre-Qualified is the only way for you to find out your options. To get Pre-Qualified for your purchase, you can submit your request online at www.rodneymason.com.

Regards,
Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
rodney.mason@prospectmtg.com
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia with over a decade of mortgage lending experience.

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle® Renovation | VA | USDA | GA Dream | Jumbo Financing.
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0 votes 10 answers Share Flag
Thu Apr 25, 2013
Kevin Cloutier answered:
Hi Sjea

You should interview several agents first and pick the one you feel the most comfortable with. Then you should get pre-approved and share your Realtor's info with your lender because they need to be able to communicate with each other to maximize the services each bring you.
The lender will tell you and your Realtor your financing limit and actually provide each of you a letter indicating so.
Then tell your agent all your needs and all your wishes and let them search potential matches for you.
From there you will have your agent set up showings of the properties you are interested in.
It should be an enjoyable experience, so do the first thing right and be very picky who you select as your agent, that's the key.

Good Luck

Kevin Cloutier, Realtor
A HouseSOLD Name
Southern Premier Realty
239-246-6639
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0 votes 11 answers Share Flag
Wed Feb 8, 2017
Louis Urbina answered:
It should be 3 years after all the proceedings were finalized. But it also only effects whoever was on the mortgage, so for example if your wife was not on it she would be able to buy. But no worries, millions and millions of people are in the same situation. You'll be able to buy in no time!

Louis Urbina
Real Estate Consultant for EWM
786-355-7423
... more
0 votes 15 answers Share Flag
Fri Apr 12, 2013
Joe Homs answered:
Oddvision,

There should be more inventory coming this summer, but the market is on FIRE right now with most propeties getting multiple offers and ALL CASH offers. Get yourself a great Realtor now so that they can explain what is going on and what strategies to use going forward.

Good luck,

Joe Homs, Realtor,
949-625-4533
joe@joehoms.com
... more
0 votes 13 answers Share Flag
Thu Apr 11, 2013
Ray Akers answered:
In some cases, people get caught up in the auction bidding frenzy and pay more than a property is worth. With auctions, you often have no opportunity to inspect the home in advance. You may be buying a home which needs many thousands of dollars in repairs.

Likewise, buying a home that is going into the foreclosure process has pitfalls. Every bank behaves differently, and many lenders drag out the selling process for months and months. More than 2/3rd's of short-sale and pre-foreclosure sales never close.

Your best bet is to buy a home that has already been through the foreclosure process and is available on the market ---listed by a broker. There are some great deals to be found, and you don't have all the drama and headaches associated with a home that is in the middle of the foreclosure process.

Find yourself an experienced agent , that's the place to start. An experienced agent can help you avoid making a big investment mistake.
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0 votes 5 answers Share Flag
Wed Apr 10, 2013
Ron Thomas answered:
It sounds like you are trying to do this yourself?
Why would you do that when a Buyer's Agent is free to you?
Why would you withdraw your Offer?
Did you have Contingengies?
We would have to see the wording of your Contract. ... more
0 votes 6 answers Share Flag
Wed Apr 10, 2013
Anna M Brocco answered:
As for financial requirements--if purchasing with a mortgage, be aware that a mortgage pre-approval letter is required in order to determine your price range and for any offers to be taken seriously, therefore begin by visiting with any licensed loan officer and go from there.... ... more
0 votes 6 answers Share Flag
Sun Jun 30, 2013
answered:
Hi Zorger,
I would be happy to help explain some of the details around applying for and getting approved for a mortgage. My first question would be, why are you looking to go through FHA? With those credit scroes, you should be able to qualify for a Fannie Mae backed loan which will have a lower monthly Mortgage Insurance payment associated with it than through FHA.

Please give me a call as I would love to work with you as you purchase a new home for your family.
Regards,
Regards,
Julie A. Horvath
Northpointe Bank
Area Manager
555 Metro Place North, Suite 320
Dublin, OH 43017
NMLS ID: 563029
866.901.3570 phone
740.602.3320 mobile
... more
0 votes 18 answers Share Flag
Tue May 14, 2013
answered:
Never seen a person in Texas getting garnished except for Child Support and maybe govt debt.

Did this car deal happen in another State?

What is his scores?



Tom Burris
Mortgage Banker
http://www.servicefirstmckinney.com/
(214) 763-4629 cell/text/nights/weekends(Really!!)
tburris@servicefirstmtg.com
Lending all across the entire Great State of Texas!!
NMLS# 335055
Search Dallas area MLS for FREE. No registration => http://www.ntreisinnovia.net/cgi-ntr/BR_login?0501134
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0 votes 5 answers Share Flag
Thu Mar 27, 2014
answered:
In order to ease our borrowers' frustration of making multiple offers and not getting them accepted, my company has recently rolled out a solution that has been providing great resultst...We call it "Keys on Time Guarantee".

This program guarantees to close the transaction on time, or the borrower gets $795 refunded to them. (we have never had to pay that money out so far)! We are the 27th largest non-depository Mortgage Bank in the United States, so we are closing our fair share of transactions.

We are closing these loans so quickly that we feel confident that we can help buyers write a contract that will stand out from the others; from reduced escrow days to the one of a kind "Keys on Time" Certificate that we provide to submit with the offer, and stand out from the crowd of offers.

Contact me if you want to learn more?

Cordially,

Thierry

Thierry Abel
Senior Loan Consultant
All California Mortgage
A Division of APMC
P: (415) 464-8261
C: (415) 378-7508
F: (415) 464-2367
E: tabel@allcalifornia.com
NMLS 304353 - DRE 01380701
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0 votes 12 answers Share Flag
Thu Oct 24, 2013
Ron Thomas answered:
Lease/Option
You are desperate!
Your Credit or Finances, or both, will not allow you to go the conventional route:
You need the Seller to help you out!

The Seller will know it, and you are going to pay dearly for this service:
There aren't too many altruistic Sellers out there.

There is no FORM printed by anyone; there are just too many variables.
The terms that can be written into a Lease/Option can be dangerous to you:
How long is the Option period?
How much money are you putting in to the Option?
What happens if you are not able to execute the Option?
How do you know what your financial situation will be 2-5 years from now?
How much is the rent in the meantime?
Who will be responsible for maintenance and repair in the meantime?
What will be the Market Value of the home in 2-5 years?
What will be the Selling price 2-5 years from now?

This is the Ultimate Caveat Emptor!

Good luck and May God bless
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0 votes 4 answers Share Flag
Tue May 7, 2013
Patricia Candito answered:
Good Morning,
I have been negotiting sales in Naples for 30 years & I can tell you ALL sellers are different. The ONLY way to find out what their bottom line is, is for you to make an offer. However, that being said, please ask a Realtor to give you a market ananlysis on the neighborhood & home & get you as much information as possible on the reason the home is on the market. If you go in with a "lowball Insulting" offer, the seller most likely will not respond. You want to start at a fair offer to engage the seller to communicate with you so you can find out his bottom line. Please let me know if I can be of any help by e mailing me at pfcandito@johnrwood.com or calling me at 239-290-5236. Have a great day ... more
0 votes 20 answers Share Flag
Fri Jul 19, 2013
Keisha Mathews answered:
Hello,

With a short sale, your lender is looking for your inability to pay due to a financial hardship. You would need to be able to prove that you can no longer afford the mortgage. I don't believe that your additional properties would be taken into consideration. I could be wrong. However, I speak from my own personal short sale experiences. I have helped clients short sale investment properties because they were able to prove financial hardship - something in their financials had changed from the time the borrowers first qualified for the loan to current.

Ultimately the decision is your lender's (the investor's). My advice, if you can prove hardship, is to give it a try. You have a 50/50 chance.

Hope that helps.

Keisha Mathews, REALTOR®
CDPE®, HRC®, HAFA® Certified
"SAR Masters Club Member 2012"
Mathews & Co. Realty Group
@ Century 21 Landmark Network
keisha.mathews@century21.com
www.SheSoldItForMe.com
(916) 370-1803 cell
lic#: 01439130
... more
0 votes 10 answers Share Flag
Sun Apr 14, 2013
Cassandra M. Bickel answered:
Best thing to do is hiring a buyer's agent, especially if you are not familiar with the area.
They will walk you thru the local customs and help locate homes in your specific areas, price range and that are actually available as it could be a week or longer after a house goes under contract that it is updated in the system.

If you have not hired an agent yet, and would like a recommendation, let me know. I have a number of REALTORS in that area.

Good Luck,
Cassandra Bickel, REALTOR
... more
0 votes 23 answers Share Flag
Mon Jun 17, 2013
Geoff Ommen answered:
That is a really bold question. If you are working with an agent (and you should be) they would be able to provide you with comparative properties to reach a fair number. Your offer price at that point would be completely educated. Your agent will help you position the offer so that it has the best chance of being accepted at a price you deem correct.

Geoff Ommen
Broker Baird & Warner
847-271-2622
geoff.ommen@bairdwarner.com
www.geoffgetsit.com
... more
0 votes 10 answers Share Flag
Tue May 28, 2013
Greg Vanden Brook answered:
Sure you can, but it will depend on a few things. Some people graduate school, get a job and are able to purchase. So the question is, what did you do before the 6 months job history?
0 votes 9 answers Share Flag
Wed May 1, 2013
Steve Mikrut answered:
Hi Danny, It's totally possible to find what you are looking for. I'd be happy to help if needed.

Steve
0 votes 12 answers Share Flag
Tue Apr 8, 2014
Bill Mccord answered:
This is the Free Market in it's most perfect form. Housing is a Commodity where there is currently more Demand than Supply. (At least in Silicon Valley)
Sellers sensibly sell to the best (NOT ALWAYS HIGHEST) Bidder.
"Week" Buyers drop out of the game.
Rising prices bring out more Sellers.
Prices stabilize and a period of calm ensues.
After a variable amount of time (often years) the cycle begins again, either upward or downward.

If you choose to continue play then you need to be aware of all the options available to year during this phase of the cycle, including the Pro's and Con's of dropping out.
As you are competing most of the time with professional investors you need to know the rules they play under. You need professional help.
Good luck
Bill
... more
0 votes 16 answers Share Flag
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