Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Financing in 78230 : Real Estate Advice

  • All22
  • Local Info0
  • Home Buying14
  • Home Selling2
  • Market Conditions0

Activity 48
Fri Dec 9, 2016
Kay Kirby answered:
If your wife can qualify with a good credit score and has good income by herself she should be able to qualify by herself, but if she needs help with the income part you should be able to use a co-signer as long as they qualify with a good credit score and a good income. To know for sure I can refer you to a good mortgage lender they can help you with that part of it. Once we get that done I can look for houses in the area that you are looking in purchasing. Give me a call or email me back and I can give you that information to get you started. ... more
0 votes 7 answers Share Flag
Thu Apr 11, 2013
Yes, it is possible provided your debt to income ratios are acceptable. How much do you owe on the current FHA property and what is that home valued at? Are you just moving out or have you vacated the rental property already? These are a few important questions that will need to be addressed. If you like you can call me at 210-789-2870.

Good luck,
Jon Nichols
... more
0 votes 8 answers Share Flag
Wed Apr 10, 2013
Johnny Williams answered:
I have several lenders I work with who walk my clients through the entire process.

Here's a link just let me know when you send him your info or let me know the best way for them to reach you and I will have one of them contact.

Best Regards,

Johnny E Williams
... more
0 votes 7 answers Share Flag
Mon Apr 8, 2013
Don Tepper answered:
You can find hard money lenders at your local REIA (real estate investment club). Go to and find the ones near you.

You can find some private lenders the same way, though most private lenders are found by networking.

However, most hard money lenders won't like your numbers. Based on a formula of 60% of ARV (after repair value), the most you'd be likely to get is about $345,000. You might possibly be able to push it to 65% (about $374,000). And note: Some hard money lenders require the points up front. Others are willing to wait until closing.

If all you're looking for is $36,200, then find a private lender. Start with your local REIAs. An investor-friendly Realtor also might be able to help.

Hope that helps.
... more
0 votes 3 answers Share Flag
Fri Apr 5, 2013
Priscilla Allen answered:
It has to be 12 months before you can apply for a home equity loan. So, you will need to wait until next year. But, it sounds like you got a great deal! Priscilla
0 votes 2 answers Share Flag
Mon Mar 25, 2013
Ray Blankenberg answered:
PMI is private mortgage insurance and points are what you pay a mortgage company to obtain a loan or buy down your interest rate.
0 votes 4 answers Share Flag
Tue Mar 26, 2013
Jose Novelo answered:
Have you asked your Realtor lately? Thata is why we are for. To help, guide and make things happen for our clients.
Good Luck.
Jose L. Novelo
0 votes 4 answers Share Flag
Tue Jan 29, 2013
Monica Ruiz answered:
What a wonderful opportunity to keep your home in the family. This is a delightfully easy transaction! Contact me on my cell phone @ 210-325-0657. We can meet tomorrow for an in person consultation.

Monica Ruiz
Prosperity Realtors & Consulting
9820 Lorene
San Antonio, Texas 78216
direct 210-325-0657
fax 210-519-3058
... more
0 votes 7 answers Share Flag
Thu Jan 17, 2013
Steven Rico answered:
I believe you will need 2 tax returns and current profit and loss statements that show a pattern of regular income. I have been self employed for many years and this is one of the most frustrating things about it. Another option would be to buy a home thru owner financing. Please call me @210-789-0518 if your interested in exploring the owner finance option. ... more
0 votes 7 answers Share Flag
Wed Dec 26, 2012
Jose Novelo answered:
Please call Hector Argumedo, Vice President of Academy Mortgage, He can give you the best advice on this matter.
Good Luck.
Jose L. Novelo
0 votes 4 answers Share Flag
Thu Dec 27, 2012
Terri Russo answered:
Mon Oct 22, 2012
Doc & Ellen Stephens answered:
Clearly the first thing any Home Buyer should do is to find a great Agent to help you. Your agent will know which lenders are competitive and get the low rates. My blog article, "Why Do I Need A Buyers' Agent?" explains it more thoroughly.

The steps are:

1. Find a great agent. Tell your agent in detail what you like and don't like.
2. Get Pre-Approved - NOT the same as pre-qualified. NO seller today will even consider anything less than Pre-Approval by a strong local lender who has a local reputation for showing up at closing on time. When you get pre-approved, your lender will want ALL opf your tax rreturns, bank statements, pay stubs, and other financial records. The quicker you get them to the lender, the faster you can go buy a home.
3. Go shopping.
4. Write an offer and negotiate a contract.

Beware that some e-lenders are known for not showing up at closing, changing the game in mid-stream, etc. There is not substitute for having a local lender who is accountable not only to you but to the whole real estate community. bad performance puts them out of business fast.

Good luck,

Doc Stephens, REALTOR
... more
0 votes 8 answers Share Flag
Thu Jan 17, 2013
Jose Novelo answered:
Yes, and I can find you the best home for your money. Let me know if interested.
Good Luck!
0 votes 12 answers Share Flag
Mon Oct 22, 2012
Jason Campbell answered:
Better than that... here's where you can go to get a free credit report.. get an idea of what you will need to do to qualify, how much you will qualify for, etc. Quick, easy, and free... Go here: - you can thank me later ;)

If it turns out you need credit clean.. call me, text me, or shoot me an e-mail, and I'll get you to the BEST credit clean company on the planet! They are cheap and do some amazing work!

... more
0 votes 3 answers Share Flag
Mon Dec 22, 2014
Jason Campbell answered:
The quick answer is YES! If all the other stuff is good... income to debt ratio, etc..

Go here: - you can thank me later :)
0 votes 12 answers Share Flag
Sat Aug 11, 2012
Jose Novelo answered:
It can be done with 600, but there are other issues to consider not only your credit score. Please let me know if you need more help.
Good Luck.
Jose L. Novelo
0 votes 9 answers Share Flag
Sun Jul 19, 2015
Marcus Laughy answered:
There are so many great builders in the San Antonio and surrounding areas. With that, every builder will have different pricing. There is also an opportuinty to purchase with a builder that offers acreage with the purchase if that is what you are looking for. I can send you specific information on the builders in the area and what they offer if you like.
... more
0 votes 6 answers Share Flag
Sat Jun 9, 2012
Chris Hutchinson answered:
I would suggest that you find a mortgage broker you trust, let him run your numbers and figure out what you need to do to make it happen. In most cases it doesn't take that much to fix your credit situation.


Chris Hutchinson
Chris Hutchinson Real Estate
The Michael Group
... more
0 votes 3 answers Share Flag
Mon Jun 4, 2012
Aaron Guzman answered:
Most lenders will lend money to purchase HUD home's if you are buying them to live in. If the home needs repairs their is an FHA 203K loan which will lend you the money for repairs as well. If you are buying it for investment, you might need to get a hard money loan. I use Scott Henneke for hard money loans @ 210-447-9129. ... more
0 votes 10 answers Share Flag
Fri Mar 16, 2012
Tina Lam answered:
Are you wondering if you can refinance or if that is a refinance?
0 votes 8 answers Share Flag
1 2 3
Search Advice