Are stated income jumbo loans available?
Hi, If you are self-employed and property is located in NJ, or certain counties in NY or PA, you may qualify for either a Stated Income program or NO Income/Verifed Asset (NIVA) loan. With a NIVA program, verification of income is not required. However employment source must be stated and assets must be...

wut is the rate
Hello - if you are referring to the rate on the Conforming 30 Year Fixed it will depend upon the following: loan-to-value ratio 75% or lower, credit 740 or higher, loan amount $350,000 or higher, debt ratio less than 40%. If all criteria is met the best rate on 30 Year Fixed will be 4.125% as of Friday...

Can I refinance an investment property through HARP even if the orig. loan was taken out when property was owner occupied?
Hello- yes you can refiannce an investment property under the HARP program as long as loan is owned or guaranteed by Fannie Mae prior to March, 1 2009. Please feel free to call or email with other questions (908) 615-2249 or pjohnson@ahmcloans.com

Refinance - single family mortgage
Hi Reesep - you may want to do a cash-out refinance using a Portfolio Lender (non Fannie/Freddie) at 80% loan-to-value ratio and use proceeds to remodel. You can also choose an FHA 203(k) loan but all FHA programs require mortgage insurance which can get expensive. If you would like to review in more...

Any lenders out there doing 80% LTV cash outs on investment properties?
Hi - we can do cash-out to 80% on Investment Property with minimum credit score of 640. If interested please feel free to contact me.Patricia JohnsonGreenway Funding Group, Inc.703 722 6641

Anyone in Virginia willing to lend to credit score of 570?
Hi Christine - your loan amount will be considered "high balance" and credit score will need to be 600 to get an FHA loan. However you are not far away at 570. If you need help improving your score feel free to contact me. I'm also a local Northern Virginia lender. Good luck. Patricia Johnson 703-722-6641

What lender will work with us after chapter 13
Hi - the waiting period for a Chapter 13 Bankruptcy is "Two Years from date of discharge with re-established credit". After that time period you should be able to apply for a mortgage. if you have any other questions or need help please feel free to contact me at 703-722-6641. Good luck!Regards,Patricia...

Looking for loan help with recent job change
If the contracting position is IN THE SAME LINE OF WORK as the previous W-2 position you may be able to avoid the 2 year waiting period. For example, government employees sometimes become Contractors (self-employed) and continue to work for the same or similar company. If your scenario is similar...