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Michael Gilson's Answers


HOW DO I GET A LOAN FOR A FORECLOSED PROPERTY?
There are several diff options. Is it a fannie mae foreclosure?
Manufactured home loans - 705 credit ok?
Yes, our bank will finance manufactured homes starting at 660 credit.
what should we do when we already have a house paid off but purchased another house with a baloon attached to it
You can do several things:1.Best option is to refinance the current property, that has the balloon attached to it. 2.Sell the older property to pay off the balloon(depending on the value)3.Depending on the value as well, you can do a home-equity line of credit or a cash-out of the older property. The cash...

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