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Financing in Sarasota County : Real Estate Advice

  • All109
  • Local Info4
  • Home Buying72
  • Home Selling3
  • Market Conditions1

Activity 30
Fri Feb 14, 2014
Jen and Mark Bowman answered:
How long ago did you do your short sale? There may be options.

Jen Bowman, Broker Associate
Keller Williams Realty on the Water
Licensed in GA and FL
0 votes 3 answers Share Flag
Sun Sep 15, 2013
Tammy Hayes answered:
I haven't been able to find a local lender that will, but I have a customer that says a lender will in another state. I would call a few lenders and ask the question.

Tammy Hayes, Realtor
Green Lion Realty
... more
0 votes 2 answers Share Flag
Wed Nov 21, 2012
Teresa M. Fellows answered:
I recommed you call banker Matthew Arcari 941-780-0429.

My best,

Teresa M. Fellows
ERA Waterside Realty
0 votes 6 answers Share Flag
Sat Aug 18, 2012
Alaric Kennedy answered:
This is a good question for your CPA an your Real Estate Agent. Area and Location will need to be address, property taxes and closing cost. Also remember you are retiring. I alway advise to put together a team and look at all your options. Make sure you pick the right place. With the interest rate being as low as they are and your net worth. You should be able to get what youre looking for. ... more
0 votes 4 answers Share Flag
Wed Jul 25, 2012
Gregorio Denny answered:
Anyone quoting rates without an APR and without so much as even a hint of qualifications should have their license pulled; that is if they even have one. HomePath mortgages have HUGE pricing adjustments based on loan to value and credit score and for anyone to even think of quoting a rate with the information given is reckless and clearly a violation of TILA! ... more
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Thu Dec 20, 2012
Frank Jones answered:
The answer is AA South Florida Mortgage. They have been in business here for over 15 years, and have more lenders / programs then others. What ever your need, they will get it done for you.
( 239 ) 936-2139
... more
0 votes 6 answers Share Flag
Tue May 8, 2012
Tammy Hayes answered:
Here are some local lenders you can try:
Morningstar Mortgage
2256 Jasmine Way
North Port, FL 34287
Joseph Morningstar

Mortgage Supercenter USA
Dona Smith
Licensed Mortgage Broker
18501 Murdock Circle, Suite 501
Port Charlotte, FL 33948
Toll Free: 866-288-7140
Local: 941-625-3987
Cell: 941-302-8098
Fax: 941-625-3192

Charlotte State Bank
Connie Ritchhart
Senior VP, Residential Lending
1100 Tamiami Trail
Port Charlotte, FL 33953
Direct: 941-624-1906
Cell: 941-875-5224
Fax: 941-624-2308

Tammy Hayes, Realtor
Green Lion Realty, Port Charlotte, FL
... more
0 votes 2 answers Share Flag
Sun Apr 29, 2012
Keith & Kinsey Schulz answered:
Many lenders will do 90% LTV. I'd suggest talking to a smaller local bank or credit union. They usually have the best programs, service, and fees.
0 votes 2 answers Share Flag
Wed Mar 21, 2012
Ann Ryan answered:
John, why are you getting an ARM at all? Rates are crazy low right now, and are not likely to stay this low for long.
0 votes 2 answers Share Flag
Mon Mar 19, 2012
Werner Untrieser answered:
Contact Gulfside Mortgage Services the # 1 Mortgage Broker in Venice. Give Tony a call at 941-485-4222, he is a great guy.

Kind Regards

Broker Associate, GRI, SFR, CRS, CIPS, TRC
... more
0 votes 3 answers Share Flag
Sat Nov 19, 2016
Eugen Aldea answered:
Tue Mar 6, 2012
Raffie Hamilton answered:
Colonial Mortgage LLC

Ed Tonitis is the owner, Very good FHA Broker

(941)-809-6571 /
0 votes 3 answers Share Flag
Thu Mar 8, 2012
thelendingteam answered:
Tue Feb 25, 2014
Alma Kee answered:

Ken Monduori
Vice President
Market Sales Manager

13904 N. Dale Mabry Hwy.Suite302
Tampa, FL 33618

Cell: 727-458-2583
Office: 813-960-8215
Fax: 813-960-5397

Apply On-Line @:

He did a HomePath Renovation for one of my clients and did a great job and no closing delays that could jeopardize your contract or cause you extra "per diem" charges.

He's licensed in Florida so he can help you.

All the best,
Alma Kee
... more
0 votes 4 answers Share Flag
Tue Oct 8, 2013
John Proto answered:
Hi Home Owner,

I've sold several homepath loans and the process is usually very quick. If this is a renovation loan, then the process will take much longer. Fannie Mae is usually very good about extending commitment dates IF you respond to them with an extension request before the deadline (I would do this first thing tomorrow).

If you're using a REALTOR, make sure they are on top of this. If you use attorneys in Ohio to close real estate transactions, contact him/her immediately. Remember, we are rapidly approaching a holiday weekend and Fannie Mae will be closed Friday - Tuesday! The request for extension can be submitted online through the homepath website.

John Proto, REALTOR
Calcagni Associates
2620 Whitney Avenue, Hamden, CT 06518
(203) 288-1821x452

A Connecticut Licensee
... more
0 votes 2 answers Share Flag
Fri Feb 14, 2014
Jose Morales answered:
I have one lender that is willing to go to Sarasota but it depends on the loan amount. I am checking with another one to see if he would go to Sarasota. Call or email me for details.

Jose Morales
Florida Mortgage Coach
“We Coach You Through the Mortgage Process”
... more
0 votes 4 answers Share Flag
Sun Jan 2, 2011
Anna M Brocco answered:
Much will depend on just how bad is your credit....without your overall finances--consider visiting with any qualified loan officer(s), after reviewing your overall finances and credit, he/she can make a determination on qualification--if you don't yet qualify, your loan officer may offer great suggestions as to what needs to be done, so that you can purchase in the near future--then go from there. ... more
0 votes 4 answers Share Flag
Sun Dec 19, 2010
Alma Kee answered:
What kind of help are you seeking?e
0 votes 2 answers Share Flag
Mon Nov 22, 2010
Bill Eckler answered:
Our recommendation is to "shop around." The location of the source of funding is of little consequence and you can make financing arrangements with a bank in New York City.....if it serves your best interests.

The important thing is that you understand the ins and outs of financing, the terminology, and are not shy about asking questions when something isn't crystal clear.

Many borrowers miss out on opportunities to save by not completely understanding the borrowing process and not taking time to shop for the best rates.

Good luck,

... more
0 votes 2 answers Share Flag
Fri Aug 27, 2010
Alma Kee answered:
Sounds too risky for any lender in the US to touch. A hard money (loan shark) in the US may help provided she puts 50% down.

She should try to get a loan in the Ukraine.

Or--she should wait until she saves up ALL CASH and then buy here. ... more
0 votes 1 answer Share Flag
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