Cash vs Mortgage?
Hi Jeff! Thank you for contacting us and posing your question. The Arm rates are the lowest right now by far. They are in the 3's and we have several available for you such as t he 3/1, 5/1, and 7/1, basically the difference in these products in mainly the fixed rate period. They are all hovering around...

Asked to pay points with good credit, is this right?
Good afternoon! Different lenders do have different rates and sometimes to get a lower rate than what you have been quoted you may need to buy it down with some points. But it is not necessarily typical. Typical closing costs will include an origination fee, processing and underwriting fees, escrow...

Is it possible for us to refinance?
Good afternoon! It sounds possible but in all reality until a lender pulls your credit and takes a look it's hard to say if you would qualify or not. I know that from my own experience we are able to go down to a 600 credit score and I just helped a lady with little credit obtain a loan for her own home. ...

can we refinance our home with a credit score of 630?
Hi there! I am a loan originator for Liberty Mortgage Company in Columbus, Ohio. I have a lender available that goes down to a credit score as low as 600 so 630 is very possible for us to work with. My number is 614-224-4000 and I will be in on Monday until 2:30 p.m. It may take a little time but as long as you have...

Any construction loans with 5% down?
Good afternoon! We do have a construction product available with conventional financing. Please contact us for details. Amy Wedig Loan Officer Polaris Home Funding. 740-815-8565.

Can you purchase a home with a 3 to 4 year foreclosure on File?
Hi there! If it has been over 3 years since the deed transferred to another person (property sold to someone else) then you can purchase another home. Please give me a call here's my info:Amy WedigLoan OfficerPolaris Home Funding317 Jefferson StreetGreenfield, Oh 45123614-603-0426 ...

Filled for bankruptcy 2 years ago, when can i get a loan?
Hi Brandi! Yes it is possible. Did you give up a home when you filed bankruptcy or were you renting at the time. Please give me a call for more information. I would love to help you finance your new house!Amy WedigLoan OfficerPolaris Home Funding68 S. Main StJohnstown, Oh 43031614-603-0426 ...

Do I qualify for a loan if I have a 3-4 year foreclosure on file?
Hi there! For foreclosures it has to be 3 years from the date the property was sold to another person. If it has been then yes you would qualify based upon that guideline. Please give me a call and I can assist you further.Thank you!Amy WedigLoan OfficerPolaris Home Funding332 Jefferson St.Greenfield, Oh...

Why is it illegal to help your child buy a house?
Hi there! It is not illegal to gift your child a down payment. But there are some rules. First, you have to sign a gift letter provided by the lender. Second you need to provide the lender with your most recent bank statement prior to giving them the gift check, showing you have the money to give them. Third,...