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6 May 2024 | 2 replies
So, my plan is to get a loan or line of credit for the renovation for 18 months and then refinance the entire property when the balloon payment comes due.
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9 May 2024 | 4 replies
It may make sense for you to buy a 3-4 unit building that you can move into one unit and get the low down payment on for owner occupied loan.
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9 May 2024 | 2 replies
They came in a 6.375%, no loan origination fee, etc. and said I can refinance at anytime with no prepayment penalties, seems almost too good to be true.
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6 May 2024 | 3 replies
Anybody have experience how to manage a renovation loan and draws using multiple contractors?
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8 May 2024 | 11 replies
I would recommend starting as a Loan Processor first and then transition into it or just go 100% full time and learn the craft.
8 May 2024 | 10 replies
No-doc equity loan?
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6 May 2024 | 37 replies
If anything goes south on a given loan, you already are working with an attorney.My 2 cents,Mike
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8 May 2024 | 5 replies
I put in the request to refi the loan at $500k, meaning for an LTV of 80% I need the appraisal to come in at $625k.
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8 May 2024 | 5 replies
Typically you can't use the CC funds to fund the downpayment of a conventional loan.
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6 May 2024 | 2 replies
Hi everyone, I'm trying to connect with anyone who has done these types of loans (Assumable Loans).