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 Texas : Real Estate Advice

  • All829
  • Local Info38
  • Home Buying420
  • Home Selling126
  • Market Conditions15

Activity 761
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
Fri Aug 12, 2016
answered:
We are a Guaranteed Direct Lender for the USDA RDL Program. I just got an approval for a USDA loan where his credit score was 568 and in less than 30 days his score went up to 641. It is VERY important you work with an experienced Loan Officer with a track record of successes. Please don't put yourself in the hands of a rookie. We are licensed in Texas and I actually just relocated to the Lone Star State. Let us know if you need assistance.

http://www.trulia.com/blog/george_raymondo/2011/11/can_i_buy_a_home_with_bad_credit

http://www.trulia.com/blog/george_raymondo/2011/03/usda_loans_-_0_down_payment_what_s_the_catch
... more
0 votes 4 answers Share Flag
Thu Apr 25, 2013
Andrew Wilkinson answered:
Hi there,

This is a great question, however I'm sorry that it hasn't had any new answers. It might be because this question lends itself more to "Home Buying" than "Financing".

I'd recommend that you repost this question in this section: http://www.trulia.com/voices/qa/Longview-Home_Buying-10002-22570

Good luck with your search!

Andrew
... more
0 votes 3 answers Share Flag
Mon Apr 15, 2013
Ron Thomas answered:
The two things that Lenders look for are;
The ABILITY to repay the loan, and,
The TRACK RECORD of paying your obligations:

You must have both.

What to do: Be patient and build your credit. ... more
0 votes 4 answers Share Flag
Mon Oct 13, 2014
Don Groff answered:
VA requires the seller to pay for the termite inspection but does not specify who would pay for the treatment if necessary although typically the seller would pay for that under most circumstances. While the buyer may pay for the termite inspection initially they would be reimbursed by the seller at closing for the cost.

I am unsure of any guidelines for who would pay for the water well test. I would think you would want to have your own testing done but am not sure if the seller is responsible or not. I am sure we will get some more answers shortly.

Hope this helps.

_____________________________________________________
Don Groff | REALTOR® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | listings@dongroff.com
websites: www.AustinListed.com | www.360LendingGroup.com
... more
0 votes 4 answers Share Flag
Thu Apr 11, 2013
answered:
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
Mon Jul 1, 2013
Allan Griego answered:
Do you own the lot you want to build on? If you do, you may have a chance depending on several factors. If you don't own the lot you want to build on, your facing an up hill battle.

Thanks

Allan Griego
allan@agreservices.net
512.705.0610
... more
0 votes 4 answers Share Flag
Fri Apr 12, 2013
answered:
If your middle credit score is at least 580 I can help.

You may apply online at www.rhlapps.com/kjones or give me a call.

K.C. Jones
RH Lending
214-432-0486
kjones@rhlending.com ... more
0 votes 6 answers Share Flag
Wed Apr 10, 2013
Don Groff answered:
Hello,

I can check to see if your mortgage qualifies for one of the HARP no appraisal refinances. If you would like to discuss please give me a call or send me an email. I broker with over 20 different lenders at the wholesale level.

Thank you,

_____________________________________________________
Don Groff | REALTOR® & Mortgage Broker
Austin Real Estate Pros & 360 Lending Group
o 512.669.5599 | m 512.633.4157 | listings@dongroff.com
websites: www.AustinListed.com | www.360LendingGroup.com
... more
0 votes 2 answers Share Flag
Thu Apr 11, 2013
Joseph Roraff answered:
0 votes 9 answers Share Flag
Tue May 14, 2013
answered:
Never seen a person in Texas getting garnished except for Child Support and maybe govt debt.

Did this car deal happen in another State?

What is his scores?



Tom Burris
Mortgage Banker
http://www.servicefirstmckinney.com/
(214) 763-4629 cell/text/nights/weekends(Really!!)
tburris@servicefirstmtg.com
Lending all across the entire Great State of Texas!!
NMLS# 335055
Search Dallas area MLS for FREE. No registration => http://www.ntreisinnovia.net/cgi-ntr/BR_login?0501134
... more
0 votes 5 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 http://sahomestx.com/prequalify 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
210-858-7899
johnny@sahomestx.com
www.SAHomesTX.com
... more
0 votes 7 answers Share Flag
Sat Jun 15, 2013
Elizabeth Morgan answered:
Always.
Your Realtor will be able to guide you.
0 votes 8 answers Share Flag
Sun Apr 14, 2013
Michael Cheng answered:
That question is as useful as asking who are the best real estate agents. Every area has its own set of specialists, which may not be available anywhere else.
0 votes 4 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 http://www.creonline.com 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
Wed May 29, 2013
Deborah Miller answered:
Hey Rey, If you will contact me I will speak to a couple of lenders I know who have a national presence for their peer counter parts that can handle USDA and less than the traditional in loans, I am in NC but certainly willing to help if you do not find someone local who has solved this for you.

Deborah Miller, Real Estate Broker
Coldwell Banker - Advantage
919-491-2826
DMiller.ColdwellBanker@gmail.com
... more
0 votes 9 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
Wed Apr 3, 2013
answered:
The answer to THATquestion will be explained in the promissory note of your loan.

I see NO REASON why you would have a pre-payment penalty.
0 votes 2 answers Share Flag
Sun Apr 7, 2013
Jena Dentone answered:
Call my husband! Paolo Dentone @ Home Team Mortgage@ 972-467-7777! He's amazing & local! We've both been in this business for many years and would love to help you throughout the entire process! ... more
0 votes 7 answers Share Flag
Mon Oct 14, 2013
John Broussard answered:
We can assist you with your lending request, we offer financing for both residential and commercial properties. Down payments range form 25 to 30% down with very competive rates. For more details contact me to discuss.

John Broussard
Newbridge Investments
713-777-9996 Ext 103
john@newbridgehomeloans.com
www.newbridgehomeloans.com
... more
0 votes 3 answers Share Flag
1 2 3 4 5 6 7 ...
Search Advice
Search

Followers

120