Frank Y.
Do other private lenders require the borrowers to buy PMI?
Hello, everyone. We are private lenders. Normally we fund 85% to 100% of purchase. We have never asked borrowers to purchase mortgage insurance. Do other lenders do the same?Thank you. Frank
Philip Njapa
What is the difference between these seller financing terms?
Hello all,
What is the difference between these non-conforming loans: installment land contract, contract for a deed, and purchase money mortgage? From my understanding the purchase money mortgage is a mortgage, mea...
Roy Massey
Best lenders for home equity loans under 100k
I own 2 properties, one of them outright and another i have a 40,000 loan on. I want to take the equity out but all the companies that offer non conforming loans and portfolio loans want you to have 4 or more homes or...
Joel O.
How do people have 10 properties in their own name?
Alright I have a question I'm asking now becuase of the situation I am in.From what I understand investors are able to have 10 properties in their own personal name until banks start declining to continue to loan to t...
Maria Laty
Where I can get a contract to buy properly with cash
Hi everyone! Finally seller and me agreed on a price :). I am paying with cash. What type of contract should I use and where to find it. I called local law office they said that they can do it for $ 225. Is it abs...
Reynaldo Irrizarry
Anyone familiar with Fannie Mae's Homestyle loan program?
I stumbled on some information about the Homestyle program (not to be confused with Homepath) that HomeStyle loans are available to investors with a 15% down payment. Investors cannot take out 203(k) mortgages.With th...
Account Closed
Refinancing Investment Properties
Hello, I am looking for a lender or financial advisor that I can partner with who can assist with borrowing against home equity, able to provide a Home Equity Line of credit or refinancing investment properties, it is...
Dan Nedvidek
New to Tallahassee - Looking for lender information
New to the #tallahassee area and looking for lender recommendations. I have my eye on two small multi-family units that I would like to move on soon.
Jared Smith
Arizona REI is still on fire!
Who wants to talk shop in AZ? 1.66 MILL Housing starts announced, over +250 people moving to Arizona every day, Extreme Seller's Market, inventory well under 2 months supply, Average Median SFH price is +330k and risi...
Chad Harris
Colorado Banks With Short or No Seasoning Period
Looking for recommendations on a few banks or lenders in Colorado that have a short (less than 6 months) or no seasoning period for refinancing, if the property was originally purchased with a hard money loan.Thanks!