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Financing in 44136 : Real Estate Advice

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  • Home Buying4
  • Home Selling4
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Activity 2
Tue Jan 15, 2013
Lenderbradford answered:
Samosvoja,

What you need to do is to speak with a Lender/Loan Officer. There as some programs for First Time Buyers, however those programs do have Income Limits. Talking with a Lender/Loan Officer that knows the Strongville area would be the best thing for you to do.

With that said, my offices are in Parma Heights. Just a stones throw from Strongsville. Check my profile page and call me if you want.
... more
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Thu Sep 27, 2012
Ron Thomas answered:
The Bank will only finance 80% of the Appraised Value;
$202,000 x 80% = $161,600

You can either accept that,
or find a new Lender and start all over.

Some say that you can contest the Appraisal, but that doesn't hold much promise. ... more
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