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1 September 2021 | 3 replies
Refinance into a conventional mortgage and use the proceeds to pay off the HELOC.2.
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1 September 2021 | 1 reply
Interest rates are about 100 bps higher for commercial vs conventional loan, all else equal.
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1 September 2021 | 1 reply
Did you factor in the estimated $4k-$5k in closing cost as I assume you are doing conventional financing?
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6 September 2021 | 12 replies
You claim you can’t qualify for a conventional loan now.
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26 December 2021 | 10 replies
At least, not at conventional rates/terms.
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7 September 2021 | 7 replies
If you find a deal but no financing, then how do you purchase it; however, many lenders (hard/private/conventional) will not agree to lend to you unless you have a deal.
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2 September 2021 | 6 replies
I talk to a lot of people who tell me that they will have no problem getting a loan, and then we find something that they didn't consider, and I have to decline them (or get them into a non conventional, which is more expensive).And you can get a better idea of costs and interest rate for the loan.Always get this done before you move forward.
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2 September 2021 | 5 replies
I had another opportunity come up that is work from home, but the job is contract with less pay and wouldn't be able to help me qualify for a conventional mortgage.
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2 September 2021 | 1 reply
The owner occupied reduced down payment program on conventional mortgages can be repeated over and over.