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David Brackett's Answers


Looking for a lender for a new construction loan or has extensive experience in FHA 203k loans. 0-5% down. Thanks!
Hey Tina! I have done many 203k loans over the years. Feel free to contact me:Dbrackett@hlfnetwork.com or 949-216-5201
what does your FICO score need to be to qualify for a USDA loan ?
USDA can accept credit scores as low as 600, and we can go down to 520 on FHA. Let me know if I can be of any assistance!
We are purchasing a building for $1.2 M and the tax value is assessed at $1.7M. Will we still need 20%
You do not need 20% down payment. We can do as little as 5%, but of course the interest rate is better with the higher down payment.
VA Benefits Roll Over?
Hello - VA benefits will typically only transfer to a surviving spouse. With that FICO score, you can qualify for an FHA purchase loan. I would be glad to help, I live up in the Benecia area as well. If you'd like to see what size loan you can qualify for, just shoot me an email and i'll be glad to help. ...

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