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Ron McCulloch's Answers

What is the maximum CLTV for a VA loan?
The VA, depending on your entitlement, will guarantee up to the conforming loan limit of $417,000.00. Therefore you can have a 100% loan up to the conforming loan limit.Please let me know if you have any other questions.Ron McCulloch505-860-4574Ron@RonMcCulloch.Com
can a bank foreclose on the first mortgage if the 2nd mortgage is current
Yes they can. The second mortgage would be lost in the foreclosure as the first is a superior lien position.
I have a rental property on a negative am loan that went from country wide to now chase. Can I get a loan with Harp 2.0??
As long as the loan has not been refinanced you are still Harp eligible. Transferring between lenders does not effect your eligibility.Please contact me and I will be happy to walk you through your options.Ron McCulloch 595-860-4574

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