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Mark Shankle's Answers


I have a house that is located in Alexandria, Va. that was left to my brother and myself free and clear. I want to buy my brother
You should first focus on why your score is so low and the best ways on getting it to a minimum of 620. We can review your credit and determine why it is low so you can go about improving it. If you want to contact us, we can discuss your options for a cash-out refi. 620 is not that far off from 608.
Can I refinance my home if I plan to sell it soon?
Adam,Yes you can refinance. The question is if you gain benefit from doing so. If you can reduce your monthly even $100 at no cost to you; then that is $1200 to put towards anything else. We offer No Closing cost loans in VA. We specialize in quick turn-around times of 30days or less. Contact me if you wish to...
Can we get a HARP 2.0 loan from a different lender when we currently have PMI?
First make sure you are qualified under HARP by verifying that your loan was acquired by either FANNIE or FREDDIE prior to June 1, 2009. Go to the below links to see if your loan qualifies. HARP was designed to remove the need for PMI. Make sure your lender participates and what their requirements are in...

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