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Caroline ( C G ) Gerardo's Answers


Are there any no doc loans or stated income loans available?
There are products for investor loans where the rents are used to qualify to cover the total payment. You have to provide existing good credit information, fire insurance and mortgage bills. Called debt service ratio loans.
Does anyone provide refinancing options on an investment property in the US for someone...l
Do you have 3 trade lines (VISA MC plus the mortgage)?Why refinance under HARP - you are not upside down and HARP 2.0 rates are higher than conventional.You filed US Federal tax returns with positive cash flow for the rentals and you have employment income to cover your housing and credit debt in the...
should we refinance a paid off rental property to pay off primary house
Everyone loves the idea of their primary home free and clear, it sounds comforting that you could retire and only pay property taxes. There are a couple other reasons besides the fact that the cash out refinance on a rental demands a higher rate and they are: 1. is your Modified Adjusted Gross Income less...
are there speciale/different loan limits for fha 203k?
If you are doing under $30000 in repairs and don't have the large down FHA 203k may be a great option. FHA is reducing the MIP to .85% from the high 1.75 on January 26th. Construction loans are conforming loans - typically need 20% down owner occupied with good credit. I do have construction loans also for...
I'm a Canadian not yet living in Oregon but want loan options for US
Foreign National loans are available bu with the HIB Visa you can actually purchase owner occupied. What happened with the house with exwife? Did she refinance in her own name? I am happy to guide you to the lowest rate. Getting a loan in the US is different than in Canada. In Canada loans are often due and...
I took a loan in 1995,balloon due in 7yrs.Forgot about the balloon,kept paying monthly amt.(thru'06)Now what ?
Lender modified the loan ? For eight years they haven't called? Does loan show? http://cgbarbeau.blogspot.com/ happy to give advice even if you don't refinance.

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