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23 December 2021 | 27 replies
Hey BP community,My gf bought a condo 3 years ago. The condo is 900 sqft 1bd 1 bath with a loft. We added a full bathroom to the loft area so now the condo is 1bd 2bath with a loft. The next step is to enclose the lof...
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13 June 2023 | 5 replies
Carissa,There is a much stronger position you can be in by using a true Portfolio investment loan and getting an "ELA" Express Loan Approval.
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4 May 2020 | 97 replies
@Isaac El, as a former broker, who logged over 500 cold calls per week, that approach will not work.
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5 May 2023 | 6 replies
Ask your Bank/Lender if they offer an ELA - "Express Loan Approval".
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23 June 2023 | 7 replies
FHA dropped the MIP down to .55% but when you refinance into a Conventional loan with good credit you can drop that to .25 or zero.I would also suggest getting an ELA - Express Loan Approval which means the Bank underwrites your application up front.
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21 April 2015 | 4 replies
Ouellette, Esq.Ouellette & Associates, LLC Attorneys at LawSpectrum Title Services, LLCWest Broward Location and Mailing Address:10620 Griffin Rd Suite 207Cooper City, FL 33328Satellite Offices- By Appt only:Downtown:350 E Las Olas Blvd Suite 960Ft Lauderdale, Fl 33301Galt Ocean Mile/Beach:3432 N Ocean Blvd.Ft Lauderdale, Fl 33308954-937-4635 Direct Line/Cell954-636-6119 e-Fax954-727-3347 Officewww.Broward-Law.Comwww.SpectrumTitleLlc.Com
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27 May 2021 | 4 replies
The unit is not my primary residence and I see that, that is one of the requirements for permit? Am
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29 December 2022 | 92 replies
All contact has been over the phone and via email.Mark HoffmanPrimeLending, A PlainsCapital Company 512.716.3505 mortgagesbymarkhoffman.com *Broker based out of Austin, TX - I think they lend in all 50 statesErika NaegelinBranch Manager, Prime LendingPhone: (210) 483-4920*same as aboveTrimark Funding, Inc. 5101 E. La
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28 October 2023 | 2 replies
You can have a buyer approved for a $50K loan up front and the buyer and seller can negotiate a timeline to repair and close.You also have an ELA option "Express Loan Approval" which is a full underwritten loan commitment approval that is a guarantee to close in (15 days) or less.
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5 December 2023 | 3 replies
You also want a big enough window in case there are things you have to correct or do prior to the approval.You can also ask for an ELA - Express Loan Approval to help increase your chances of getting your offer accepted.