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Ellen Davis's Answers


Is FHA The Best Option for Us?
PacoThere are several options available for your situation and yes FHA is one of them. Contact me directly at edavis@mortgagelinkhome.com and include your phone number so we can discuss what is available. Thank you.Ellen Davis
How long does it take to get a pre-approval letter?
Kathy - there are many ways to get pre-approved and with technology we can get you pre-approved within minutes. In order to pre-approve you we would need very specific information. In order to review that information we could talk on the phone, you could email and/or fax it, we could meet in person...
Since the federal government does not recognize same sex marriages, may I take a full/partial DC First Time Homebuyer credit?
Karen - you are correct that at this time the Federal Government doesn't recognize same sex marriages (hopefully that will change sooner rather than later) but you're asking about a DC First Time Homebuyer credit and DC does recognize same sex marriages. Before checking with a tax...
Loan Questions
Alicelfagan653: there is a new guideline that requires that there are no credit items in dispute. Even if the account is closed and has a zero balance the statement of "in dispute" must be removed before you can buy a home or do a refinance. Why won't the creditor remove the disputed item.
Id like to see what rate i can get with 698 fica score
Good morning, finding out more information on the purchase of the condo is the first order of business. Is the 698 score your top score or the middle one? What is the purchase price of the condo? What loan product would meet your needs, is it a conventional loan, an FHA loan, VA? These are just some of the...

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