Reynaldo Perez III
How much liquid assets are required for mortgage loan approval.
Hello everyone,I’m a new investor looking to purchase my first property. I’ve been doing a lot of reading and feel I am prepared for my first investment property. I have only one issue that is holding me back. I don’t...
Christian Gonzalez
Get approved for a loan working as a bartender/Server.
Hello everybody, Im looking for help, Im trying to get a loan for my first investment property but the banks don't like the idea that most of my income comes from tips working as a Bartender. Even though I make 5k a m...
Sean Pearce
Approved Mortgage Loan Not As Much As I'd Hoped For
So I've applied for my first mortgage ever on an investment property. I have good credit fluctuating between 760 and 790, net monthly earnings just shy $10,000.00, over 2 years in my current profession, no current hou...
Tanya Manning
Loan approved! What's the best way to maximize its potential?
Finally our plan to use the equity in our home is upon us and we are very excited but unsure on how to move forward. We are new to creative real estate investing and want to figure out the best way to make the most o...
Nate Tew
Geting Approved for new loan contingent on Renting Current Home
Hello, any help or insight would be appreciated! We (my wife and 2 little boys) currently are doing a few last updates on our current home getting it ready to advertise to rent. 1)Anyone have any tips or pointers for ...
Jankely Hidalgo
pre approved for max VA loan 417k, had some questions.
Hey everybody I'm in a situation looking to get help from someone experienced. I got pre approved for a max VA 417k no money down. I am looking more too getting 60-100k for a business investment that will allow me to ...
Adam Steinbach
FHA loan not approved due to Appraisal rents not covering
I was under contract to purchase a 4 plex through an FHA loan with 3.5% down. My underwriting was complete and I was fully qualified, but the FHA loan was not approved because the rents listed in the appraisal didn't...
Account Closed
Are 3% down FHA firt time buyer loans being approved?
Hello all,
Would like to know if anyone has experience with 3% down FHA first time loans are currently being approved.
We have an accepted offer on our house, but the buyer just indicated that they are ...
Mario Morales
Should Loan Originators Know If You're Going to be Approved
I have a feeling, and I could be wrong, that Loan Originators have a good sense of whether you'll be approved for a mortgage loan or refinance. When they think you probably won't get approved, they still proceed and h...
Jonah Wilson
What should I do?Buyer Ruined Loan Approval During Escrow
We opened escrow in May this year and after an uphill battle with paperwork we finally received notice from the title office of the closing date.
The buyer, after promising he has the funds in the bank, decided to sta...