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Financing in 01831 : Real Estate Advice

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Activity 6
Sat Oct 6, 2012
Jeffrey Carter answered:
Hi Rob,

Most mortgage brokers should be able to assist with investment deals. If you have someone who "specializes" in investment deals, then I'd stay with him/her. If you need references, don't hesitate to contact me. I work mostly with investors and have a great mortgage contact.

Jeffrey Carter
Keller Williams Realty
978.717.9015
... more
0 votes 4 answers Share Flag
Sun Apr 29, 2012
Michelle Gonzalez answered:
Yes of course. FHA loans only require 3.5% down payment
0 votes 12 answers Share Flag
Mon Mar 26, 2012
Tim Moore answered:
Yes. I have a buyer that has a 5% down loan for about $350,000 so they are out there.
0 votes 6 answers Share Flag
Thu Jan 27, 2011
Pat White answered:
Hi Tinker

It's easy they just take pics of the snow they will assume that the ground is ok . It's more about the house .
0 votes 9 answers Share Flag
Mon Jun 7, 2010
Dallas Texas answered:
It would not matter all is based on rates, closing costs.

FYI - they state no charge to refi HOWEVER the entire expense is rolled into the loan. If your intent stay in the home for more than 3 years COULD be worth the expense refi. HOWEVER if you are going move within 2 years not worth expense.

Based on value of home refi can cost be $5K or more.

Lynn911 Dallas Realtor & Consultant, Loan Officer, Credit Repair Advisor
The Michael Group - Dallas Business Journal Top Ranked Realtors
972-699-9111
http://www.lynn911.com
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0 votes 2 answers Share Flag
Tue May 16, 2017
Geoffrey Boyd answered:
Tinker,

Your best bet may be an FHA loan. We do lots of them and many have DTIs above 50%. The other issue to look at is your LTV and loan amount. In a few cases, a conventional loan may work best, but with the pricing "hits" imposed by the conforming agencies, FHA may be the best way to go. I would be happy to look at this for you if you like.
Geoff
... more
0 votes 8 answers Share Flag
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