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15 June 2018 | 9 replies
The following are maximum LTV/CLTV/HCLTV ratios for purchase or LCOR when HomeStyle Renovation mortgages are underwritten with DU* (note that borrowers can also qualify for up to 105% CLTV with eligible Community Seconds®):- One-unit principal residence to 97% LTV/CLTV/HCLTV with FRM; 95% with ARM (Available in DU on March 17) (Note: For LTVs > 95%, on purchase transactions, the borrower must be a first-time home buyer unless combined with HomeReady; for LCOR transactions, the loan must be owned or securitized by Fannie Mae.)- Two-unit principal residence to 85% LTV/CLTV/HCLTV with FRM/ARM- Three- and four-unit principal residence to 75% LTV/CLTV/HCLTV with FRM/ARM- One-unit second homes to 90% LTV/CLTV/HCLTV with FRM/ARM MH LTV/CLTV/HCLTV ratios principal residence to 95% FRM/ARM; second homes to 90% FRM/ARM (Note: 105% CLTV is not permitted with Community Seconds) - One-unit investment properties: Purchase up to 85% LTV/CLTV/HCLTV with FRM/ARM LCOR up to 75% LTV/CLTV/HCLTV with FRM/ARM
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13 June 2018 | 8 replies
Hello BP community.
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13 June 2018 | 8 replies
Hello, bigger pockets community.
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14 June 2018 | 1 reply
I would also get on the phone with a lot of the local and regional community banks to start running the deal by them for financing.
12 June 2018 | 0 replies
Hi, I am a newbie to BP community and seeking contractor reference in and around Upland Ca.
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14 June 2018 | 6 replies
Hey Bob, Really appreciate it, yes I have heard some great things bout REIA meetings, been to a few definitely seems like a great place to network and get your name and face out into the community that you are serving.
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13 June 2018 | 2 replies
I just read another post where a new member of BiggerPockets asked the community if he should spend 15K on paying for a coach to teach him how to do multi family investing.
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13 June 2018 | 0 replies
Mainly lake front and the communities around the area.
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24 October 2018 | 8 replies
There is also a meeting tonight 6/14 at 6pm put on by the Organization of Westside Neighbors at the Westside Community Center in the Community Room.
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13 June 2018 | 2 replies
Hi BP community - I'm currently looking for a commercial multifamily building in Houston and am looking to connect with investor friendly agents + brokers in the area.