All,
I recently applied for a mortage on an investment property. There was a small non-refundable fee for application. I went in thinking there was absolutlely no way it could be declined. I have perfect credit. Me...
An agent named Mathew Dial contacted me for loan opportunity and told me how flexible and how easy they can provide bridge loan lending and conventional lender. I tried one with them as a refi over 2 condos. We got st...
Is it necessary to send rejection letters to anyone who completes an application or only applicants who have submitted an application fee or background check fee?
I'm a first time home buyer (in NJ), and shortly after attorney's review I had buyer's remorse. I made a poor decision and rushed to put in an offer due to pressure from my agent. I met with a bank's mortgage speciali...
There is a HUD home available in my market. I was wondering how much flexibility on purchase price when it comes to a HUD home? Are they difficult when it comes to the process?
I'm trying to refinance a property in Detroit with a conventional 30yr and the lender is on the verge of denying my application due to my DTI. For some reason they refused to use my annual salary to calculate my DTI ...
Hello,
We have 3 properties that we have recently received approval to from the mortgage servicer to transfer title to our single member LLC’s. (New Rules)
We were rejected on the 4th as the loan was originated prio...
Hello BP Community! Once again I am in need of some advice. We have private investor that wants to back us on our next rehab project. Is there a way to show the investor's proof of funds on our behalf when submittin...
How realistic is it for a bank to sell a property for a 30-35% discount when the buyer offers cash and a very quick close?
I got a call from a lady who has a house that's under water, and we struck a price, the contract price is about 70k under what she owes, maybe 20k under market, but the property needs work. Next week I'm rolling over ...