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25 June 2024 | 2 replies
I don't believe a DSCR lender would transfer the obligation to a new borrower but please correct me if I am wrong..In general, it will be be a full income verification or full documentation application with the current lender directly and no other mortgage professional would be involved.
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27 June 2024 | 12 replies
If so, depending on the age of the tenants and the length of their tenancy, you could be required to pay a relocation fee between $10k to $30k to leave.
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30 June 2024 | 54 replies
Meanwhile, Millennials are a larger demographic cohort than even Boomers and they've hit in prime home-buying age.
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25 June 2024 | 9 replies
First 10 years I/O and fully amortized for 20 years thereafter..If it's full income verification, strong credit and a lower LTV you should be able to get there with a mild buy down..Check in with @Joseph Chiofalo for a quick second look.
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26 June 2024 | 3 replies
The age of the home and its two decade vacancy has led to more damage to the structure than we originally thought.
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25 June 2024 | 4 replies
If they are VERY professional, they will have their processes in writing as verification that policies are enforced equally and fairly by their entire staff.6.
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26 June 2024 | 15 replies
This can tell me a lot about the age of the plumbing, roof, HVAC, etc before actually walking it.
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26 June 2024 | 11 replies
Depending on your age, that may be a small amount at the beginning, but it gets to be a bigger percentage of each account as you get older and your life expectancy gets shorter (according to the IRS table).
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26 June 2024 | 11 replies
Instead, just last year, at the age of 38 and with a wife and kid, I househacked a duplex in Hancock Park.
24 June 2024 | 11 replies
We are happy to do full income verification and personal whatever to get a better rate than that. 1.