... low enough to allow for repairs. Get the seller to accept, get an FHA approved loan broker to prepare the documents and get underwriters...
3 Answers · Business & Finance · 29/07/2020
Only if you can lower the rate by quite a bit. You owe what you owe and that won't change just with refinancing.
3 Answers · Business & Finance · 21/01/2021
You need to tell your loan officer about this ASAP. Every single time one of my employees buys a house the lender sends me the employment verification to fill out and then about 3-4 weeks later, 1-2 days before signing...
2 Answers · Business & Finance · 03/09/2020
STAY AWAY FROM 203K loans- If the place wont finance under a traditional 20% conventiaonal loan then dont buy the place. 203k loans are a HASSLE!
3 Answers · Business & Finance · 30/07/2020
FHA requires the buyer to live in the house 1 year.
3 Answers · Business & Finance · 06/08/2020
... a pain in the booty. A conventional loan will always beat out an VA/ FHA loan if they are in the same ballpark and there is no personal interest to...
2 Answers · Business & Finance · 19/01/2021
"A" is partially correct. It's a rehab FHA loan and you're limited as to how much you borrow for rehab. Work must be done by a contractor!
3 Answers · Business & Finance · 29/07/2020
...have to go conventional rather than getting a government insured loan (like FHA or VA). Sometimes cash is the only option because lenders...
4 Answers · Business & Finance · 20/08/2020
...you start saving again for down payment. Borrowers can qualify for an FHA loan with a down payment as little as 3.5% for a credit score of 580 or higher...
4 Answers · Business & Finance · 24/05/2020
... your doctor says you have a disability as defined by the FHA , and that you need an air conditioned dorm, no one's going to argue...
3 Answers · Education & Reference · 29/10/2020
