Forgotten Your Password?

Need to Register?

John Doe's Answers

I have a manufactured home I live in with a grannie unit (legal) 80% with reserves and grat ficos? 855-262-3279
Financing for those type of properties has become a little tighter nowdays, since fewer investors are buying those. I think for what you are saying, you should be qualifying depending of few factors like for instance, if it has legal foundation ( just an example). We don't do those loans. but my...
What refinance options are available for a VA-ineligible borrower who assumed a VA mortgage?
IRRRL can be done only if you have already used your eligibility for a VA loan on the property you intend to refinance. It must be a VA to VA refinance, and it will reuse the VA Home Loan entitlement you used originally. You may have used your entitlement by obtaining a VA loan when you bought your house, or by...
I live in California in a manufactured home and have a second unit the granny unit on the property and all lenders including all the banks are turning me down because I have a two unit property and it won't do a refinance for me with my McNealy my manufacture
Big banks will not do it. You need to find a Mortgage Banker that focus on these type of properties. Try this I'm not endorsing nor recomending this company. This is intended to guide you through in finding the right lender for your specific needs.Let me know if that worked...
underwater condo calhfa 6.25% 510k loan more details
FHA needs 6 months (6 payments) seasoning before you refinance again through FHA. Once you are ready then you can look into a FHA fixed loan (up to 97.5% of the total current value of your property without meeting the net tangible benefit set by FHA (considering that you have a low rated ARM). When it comes...
Do you refinance a commercial loan for a retail 3 unit property???
Hi Nazih,Refinancing commercial property is totally different than residential and requires experience and knowledge not to mention working with the right lender. If you need more information you can reach me at 949-842-9951 Marco Bajak, Senior Mortgage Banker. Thanks

Subscribe to our news feed.