How can I find out where I can get a USDa loan?
Hello, we do USDA loans here at Smart Money. USDA does not discriminate with age, so you are fine. You do however have to meet income restrictions which are based on the number of people in the household. If you would like to get prequalified with me, then give me a call at 447-1870. We are locally owned and...

Had a short sale 4 years ago, want a conventional loan
Aloha! William and Dan are correct. 4 years must pass, but you must still meet all other lending criteria. We are here on Oahu, so give us a call if you need more information. 808-447-1870 Mahalo!

Can HARP be used for rental properties?
We are a local lender that offers HARP loans. Call us and we'll see if you qualify for one. We can check whether Fannie or Freddie owns the loan, and there is always no obligation. 808-447-1870

are interest rates higher if you do a cash out refinance
Hi Michelle,All answers above are correct. However the extra cost is typically marginal in respect to what you are doing with the cash out. For example, if you are using the money to payoff high interest consumer debt, then the value of interest savings and increase in monthly cash flow usually...

203k loans in HI
We can do 203K and we're in Hawaii. 808-447-1870 I can go over the details once I hear from you.

95% LTV
You have several options. You can do a 80% conventional first mortgage and a 15% second mortgage. You can also do FHA. If you qualify for VA, then that is a possibility. Also if you did your mortgage before May 2009, then there is a possibility to do a HARP loan. We're a Hawaii broker. Give us a call if you want to...

I need advice before I sign a loan mod with a huge balloon payment
Basically your new payment is not enough to pay off the loan by 2048, so in 28 years there will be a remaining balance of $262K which will be due by you. Options are to refinance into a new loan at that time, or sell the home to pay off the loan. From the information you wrote above, this doesn't sound like a bad...

Can I transfer PMI from an existing mortgage?
You do not pay for Owner's Title insurance again, but when you get a new loan through a refinance, you will have to pay for Lender's Title insurance again. I only lend in Hawaii. Smart Money Inc. NMLS 273384.