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5 February 2025 | 0 replies
Refinanced August 2020 into a 15 year loan at 3.375%
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4 February 2025 | 3 replies
Your realtor will be able to give you a much more detailed market specific answer but with house hacking and a VA loan it should be possible to get 0 out of pocket.
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2 February 2025 | 4 replies
Since the original loan was apparently for a primary residence an LLC could never qualify because it isn't a person who would owner occupy the property. 2.
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12 February 2025 | 5 replies
I forget It was likely a mix of private and traditional loans I just don't recall to be honest nothing illegal.
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16 February 2025 | 5 replies
I own a mortgage company, so I have my loan officers use this Fannie Mae income calculation tool for all business for self borrowers: https://singlefamily.fanniemae.com/applications-technology/income-calculator .
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12 February 2025 | 5 replies
I would certainly disclose the currently approved special assessments, but since any further financial obligations and project plans have not been voted on by the membership, approved in a budget, or secured in a loan; must I disclose the knowledge that the board is trending in that direction?
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19 February 2025 | 8 replies
If you're using a DSCR loan to purchase the home, most lenders use the lower of the lease agreement or 100% of the market rent from the appraisal form 1007 to determine the DSCR.
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13 February 2025 | 0 replies
A rental market analysis can reveal demand trends.Secure Financing: Lenders offers tailored loan programs for multi-family, mixed-use, or fix-and-flip projects.
31 January 2025 | 2 replies
So for the first property which will cost over $1 mil to construct, there will be stacked loans, essentially $280K will come from loan assistance program,( the name is not correct but the same idea).
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19 February 2025 | 3 replies
If you need any help with the financing, Aslan is beginning to offer the Chattel loan very soon which could be a great help.