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Financing in 90505 : Real Estate Advice

  • All17
  • Local Info0
  • Home Buying9
  • Home Selling1
  • Market Conditions1

Activity 11
Sat Feb 16, 2013
Cindy Davis answered:
As long as one of you is 55+, you should be able to buy it and do as you wish with it subject tot he community restrictions....
0 votes 4 answers Share Flag
Wed Feb 13, 2013
C. Lee Miller answered:
Good morning Isabel,

As Sheryl has stated, you might be able to qualify for a mortgage, but the absolute fact is you need to discuss your situation specifics with a qualified loan professional that knows about mobile home financing as well as traditional home loans. I can assist you if you would like to find out your unique buyer potential. There is no cost and no obligation to find out how you can buy a home in today's market.

C. Lee Miller
Broker Associate- DRE Lic# 01882648
... more
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Sun May 29, 2011
Gregorio Denny answered:
Rates are specific to each person's situation and requires investigation. While you can find rates posted online, you have to know that it is impossible to post rates for every scenario so what you see posted may or may not apply to you. To get an accurate rate quote, contact a licensed loan officer in you state; if you would like one, please contact me. ... more
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Thu May 26, 2011
Dan Tabit answered:
The rate is the number used to calculate payments on a set balance. The APR is the total cost adding in the upfront loan costs on top of the total interest paid over the length of the term. If both numbers are the same, there are no loan costs. If the APR is higher than the Note Rate, then there are closing costs you are paying up front.
If you take 100,000 at 5% you will come up with a payment. If you total the interest plus the closing costs and then recalculate the interest backwards you'll have the APR. I hope this helps.
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Thu Feb 24, 2011
Adrian Huntington answered:
You need to wire the money to escrow tomorrow morning. Fannie Mae will sign the documents. I sell Fannnie Mae homes and they will sign your docs in order to close by 25th. What are you waiting for, you are under contract, and so are they. Wire the money. If you don't wire the money and delay the close you will be penalized not FNMA. ... more
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Sat Dec 11, 2010
Gregorio Denny answered:
Yes; by selecting a higher than par rate, all your fees can be included.
0 votes 8 answers Share Flag
Tue May 22, 2012
Dominique Ressurreicao answered:

I might be able to help you. I would like to talk with you whenever you have a chance.

Thank You,

Dominique Ressurreicao
American Pacific Mortgage
0 votes 3 answers Share Flag
Sun Nov 2, 2008
Scott Godzyk answered:
your credit score is not affected, they can modify it in a couple of different ways. if you are behind they can take say the 2 months you are behind and add it to the balance or they can divide it by 6 or 12 mo and add it to yourmonthly payment to bring you current. they can also modify it by making it a 30 yr fixed from an adustable or adjust your high rate down to current levels. as far as your finaicals they want to make sure you can still pay the monthly payments. good luck in working it out ... more
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Sun Nov 2, 2008
NonRealtor answered:
Right now, you're probably thinking "We should have rented", right? Sol means "sun" in spanish. It means something else for your situation. Maybe ask your neighbors what they are doing, some of them may be in the exact same situation. Good Luck ... more
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Thu Oct 2, 2008
Chandra asked:
This question is about this property:
0 votes 0 Answers Share Flag
Sun Nov 2, 2008
Dyanna answered:
I have nothing against mortgage broker, I use them all of the time, but you might be better off going with a direct lender. You have good credit, 25% down and stable as far as employment. What you could do is go to a mortgage broker and ask for a good faith estimate. See what a broker can offer you and compare. Your real estate agent should be directing you to the right path, if you aren't working with one, I would be glad to help. E-mail me

Good Luck!
... more
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