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12 April 2020 | 9 replies
Built in 1926 @ $195kI am 27yr old and just got pre-qualified for a $250k+ conventional loan but the woman I spoke with said I could probably go higher if I want... that aside...When I saw it posted about a month ago it went "contingent" after about 2 weeks but is now back on market which makes me wonder whyAt least for the sake of deal analysis, I want to call the listed agent but I would like to be prepared with questions so i can speak more confidently.
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2 April 2020 | 9 replies
When I go to refinance the house it will appraise higher, I will pull out capital and apply it towards my next home as well as be able to recycle my fha into house number 2 while changing house number 1 into a conventional loan, and than repeat that whole process.
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31 March 2020 | 3 replies
Is this something we'd run into with other conventional mortgage companies and banks, or perhaps just Quicken?
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15 April 2020 | 13 replies
Good rates, but a couple points on a conventional.
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3 April 2020 | 32 replies
I also am approved for a conventional only 3% down, so that gives me room for utilizing the money I've been saving to begin the renovations without being charged interest on that money.
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10 April 2020 | 84 replies
Hopefully this is a 2,3,4 month issue, but they cancelled the British Open, political convention, and I fear the NFL is in real trouble.
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17 June 2020 | 17 replies
@Mike TeriIt's going to take some time to find a sustainable path forward as even the A Paper Conventional Mortgage servicing sector is severely threatened by the stimulus package and it's forbearance allowances.
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6 April 2020 | 6 replies
I am not sure if this is just for refinancing a conventional 30 year loan into another one, or if it applies to refinancing a private/hard money loan.I'm thinking of this in terms of a BRRRR.
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2 May 2020 | 4 replies
My goal to find seller financing is based on my limited cash - I have around 10k to put down and then would be counting on my income and some savings to fund a rehab as I lived there and made payments, with the goal to rent out within a few months and refinance into a conventional loan in about 18-24 months.