I'm still not pre-approved for a loan since I don't have 2 years of tax returns working as a RN but I'll keep your name at the top of my list.

I would follow up to get pre-approved and determine how much you qualify for.

So, this means that the investors who have a credit score of 600 or higher are normally approved for hard money loans.

It's really going to hurt your chance of getting approved for loans.

She tells me that she did not have enough money to put down when she first purchased the home in 2008 but she was somehow told/approved by the bank to do the balloon&conventional loan combo.

They are asking us to approve $1500 (fifteen hundred) to provide a payoff statement.

Have you been working on building your cash for down payment, working on your credit score & getting pre-approved for a loan @Nokukhanya P.N Ntuli? 

I am pre-approved and under contract with a builder for a single family rental in Lincoln, CA and would like to connect with private lenders. 

No hoa and the township is very flexible but still need to get the approval of course.

Also if we were to get approved for the FHA loan then the downpayment would still be a hefty amount so we were also wondering if you guys knew of any helpful options that could be good for us if we were not able to come up with the full amount needed for the donwpayment in time.