I actually received my pre approval letter today.Interest Rate 5.25%Term 5 Year BalloonAmortization 20 YearYes, you are right.

I have a young couple who are unemployed but say they receive money from scholarships that they would use to pay rent. Anyone heard of this? Any way to get this money from the school? They are young (probably no c...

I basically found some things during my free court search that made me not approve this applicant.

are you able to take advantage of the FHA 3.5% down program for first time buyers on duplexes/ multi-family properties?

No seasoning issues.But this blackstone financing program is an absolute joke for most of us smaller investors have no incentive for this loan program.

But I doubt I will ever get approved for 4 loans at my age with no mortgage credit history.

That pretty well means that it is impossible for mankind to devise any method, system, program, arrangement or agreement of any kind that allows credits or reduces the fair market value that may lead to any purchase of residential property by an owner occupied buyer.

Someone offered to purchase his house if a short sale can get approved and lease it back to him with a chance to purchase it down the road.

I've tried a few others since the new Buyer Select Program went into effect with HUD.

Financing has been approved and the down payment is ready.