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Louis Doherty's Answers

what is the formula for calculating student loan debt for fha refinance? student debt is aprox 75k - what would be my payment
The banks require that we there be a minimum monthly payment for student loans even if they are in deferment. If the credit report doesn't show a minimum payment, then we would use 2% of the balance. On a $75,000 balance, the monthly payment would be $1500.00.If there is a payment provided by the student...
Looking to purchase a non-warrantable condo in FL. Anyone out there specialize in these?
We can do itNon-Warrantable CondosoUp to 90% LTV/CLTV (Single or Combo Loans)oUp to 100% Investor ConcentrationoNo Mortgage InsuranceoCredit scores down to 500oUp to 50% DTIoLoans up to $2+ millionoNew construction: Minimum 25% sold & closed

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