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27 November 2018 | 1 reply
I had a great mortgage broker that got me a hundred percent financing I just had to come in with some closing costs the homeowner paid all non-recurring closing cost.
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16 October 2018 | 0 replies
The current building is for sale at $1.7m, so a 62% LTV required unless there is a second mortgage.
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17 October 2018 | 2 replies
I am starting to think about refinancing our mortgage into a 5% Conventional loan with the hopes of then purchasing another property with a new FHA loan.
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17 October 2018 | 5 replies
I like that one better than the FHA because you have mortgage insurance that can be cancelled if its determined (by way of an appraisal) that you have 20% equity.
16 October 2018 | 5 replies
(Avoids tying up 20% of purchase price for down payment required for traditional mortgage of my cash)Once closed on.
17 October 2018 | 1 reply
There are more expenses than the monthly mortgage.
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18 October 2018 | 5 replies
If you have a rental that is paying off your mortgage I wouldn’t worry too much about unloading it.
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17 October 2018 | 3 replies
The refi will require the same qualifications as an initial mortgage.
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19 October 2018 | 18 replies
What mortgage company?
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16 October 2018 | 2 replies
If too many tenants cannot pay rent due to market conditions (ie. 2008-2010 high unemployment), how do you pay the series of mortgages.