800 Credit Rating - and can't buy a condo in Las Vegas?
Have you tried seeing if your loan officer can get you pre-approved under HomePath? You'd be able to do as little as 3% down if you'd like and there are no bidding wars. Owner occupied purchasers get priority. www.HomePath.com is where you and your realtor can view Fannie Mae inventory. There...

If I was foreclosed on back in 2010, can I buy a home now?
That depends on what type of loan you seek...Currently for FHA the waiting period is 3 years from the trustee sale date. On a Conventional loan, the waiting period is 7 years. Otherwise there is Hard Money which can be costly and isn't for everyone, but you could buy now with 35% down.

Can I get down payment assistance for a conventional loan?
In Las Vegas, we have a few programs that will allow down payment assistance with a conventional loan. Please let me know if you want more informationabeachgreco@nafinc.com

Is it better to get a loan from a bank or lender?
Learn how to shop right...http://www.tailormymortgage.com/ShoppingAroundHope that helps!

looking at a 1031 exchange in tx. would like an idea of rates.
Both purchases would have to be for investment purposes only through the 1031 exchange company. Rates would be in the 5% range for a 30 yr fixed for NOO purchase with high FICO. There are a few ARM products available. However, it's difficult to give you any more specifics without your full application. If...

What closing costs do the buyer and seller share (pay together)?
As a buyer there are certain fees you pay and certain fees a seller pays, however you can always ask for the seller to pay your closing costs for you. That is where the negotiations come into play with your realtor and lender. Also, your lender can always see the options (if you qualify) for offering a...

Can I qualify for an FHA loan, how strict are the requirements?
Hi,You are eligible for FHA financing now. Requirements aren't as strict as the media leads you to believe. I'm local in NV, have been lending for over 16 years and would be glad to help get you pre-approved. Aundrea Beach-Greco 702-326-7866 or info@aundreabeach.com

Can i seek another appraiser? I did not like his judgement or attitude, is it possible?
Talk to your mortgage professional, because you can dispute the value and request a 2nd appraisal to be completed. You nor the lender can request a specific appraiser.Aundrea Beach-Greco 702-326-7866 info@aundreabeach.com

How long should the approval of a loan take?
The mortgage professional should have asked you for all of those items up front and within 24 hours issue a pre-approval. Credit score alone doesn't dictate an approval, but 3 weeks is an excessive amount of time. LMK if you want another opinion. I have been lending for over 16 years and licensed in 28...

can a cashout refi be used toward a home addition
If you meet the cash out guidelines, you can use the cash out for any purpose. Aundrea 702-326-7866

Are there any rivate grants available for first time home buyers in reno, nv?
There are grants available in Reno, NV, called Home at Last. HOME AT LAST(TM) ACCESS PROGRAMHome at Last(TM) Access is Nevada Rural Housing Authority's most inclusive home financing program to date. Access offers down payment assistance and a competitive mortgage rate, and is available to all...

How long do i have to be working before im approved for a mortgage?
Yes, you could purchase. We can discuss your income and what programs you'd be eligible for. If you want more information, you can reach me at 702-326-7866 Aundrea Beach-Greco

whats best corse of action for gettig my ex off the mortgage
First off I am not an attorney, and you should consult your attorney for more details, however for purposes to answer your concern. If she is on the mortgage and the title a quit claim (if she agrees to sign it) will only remove her from the title, not the mortgage. And that may be ok for you if you handle...

I bought a condo in 1999 and sold it in 2005. Can I be considered a "first time home buyer" for loan purposes?
Yes you would be considered a first time buyer once again and be eligible for the down payment assistance and grants that exist. Let's talk more if you want to get preapproved and find out which programs you're eligible for. Aundrea 702-326-7866

Can you make p & i loans wherein I would prepay the taxes and insurance?
Sure, you are allowed to have a mortgage where you pay the principle and interest separate from the taxes & insurance. Generally lenders will charge an added fee to that either in the form of cost or in interest rate. The impound account lenders use to pay the taxes and insurance does not cost you any extra...

I am in need of a mortgage lender or broker with a credit score of 575.
HI thereTry looking for a local office of Freedom Mortgage. They go down to a 500 FICO score.

how long does a HARP refinance typically take?
It depends... if you need an appraisal or not... but expect 30 days on average. Aundrea 702-326-7866

Can someone help me understand what items get counted in a DTI calculation? Car payments, food, insurance, etc/
The DTI is all your monthly debt reported on the credit report plus the proposed house payment (PITI) divided by your gross income (before taxes). For example, if your proposed house payment is $1500 a month and you pay another $100 a month for an auto loan and $400 a month for the rest of your debts, your...

Lender for a manufactured home?
Hello, we can assist your with financing a manufactured home if it is considered "real property." I have been lending in NV and CA for the last 20 years. Please let me know if I can help if you haven't found someone already to help. I'd be happy to go over your options. Aundrea Beach-Greco 702-326-7866...

Good credit but only 10% to put down, can I still buy a home?
HI there, Sure you can get into a home with 10% down or less... A mortgage is unique like you and it's best to chat with a lender to see what you qualify for. I'm a local lender in Las Vegas and have over 20 years experience. Let me know if I can help you, Bill. 702-326-7866 Aundrea