Construction loan - Atlanta, GA
You probably have found a lender by now, but First Citizens Bank in Atlanta does construction perm for 90% LTV up to $417,000 and 80% up to $1,000,000. The LTV's go down incrementally from there as the loan sizes go up. Give me a call if you are interested: Jackie McMichen 404-483-9526.

What loan options are available when purchasing land for a new construction?
First Citizens Bank offers lot loans as well as construction perm loans for primary and second homes, in Geogia and South Carolina.The lot loans are 25% down payment with 700 credit scores. The terms of the loan can go out as long as 5 years.The construction perm. loan can include the lot in the purchase...

I just moved to Greenville SC I have owned two homes 1st home we sold no issue there secon...
There are a lot of factors that go into this, depending on your credit score, when the short sale actually happened, and if you have at least 3.5% for a down payment. We would also require proof of employment with at least 30 days of paycheck stubs from the same line of work from your previous employment. ...

Should I buy an investment property?
Another thing to be aware of when purchasing a condo is that the association may have restrictions on rental properties within the building. You wouldn't want to buy in a condo project that doesn't have restrictions on investment properties as this may cause issues with financing now and...

I need A Lender that handles Fannie Mae Underwater Properties
Are you looking for a refinance of your own property that is underwater or a list of foreclosures owned by a bank?If you are looking for your own refinance you would need to try to apply for a HARP refinance, I can assist you with this if your loan is an eligible Fannie Mae loan. Give me a call 404-483-9526 or...

Should we take on a 2nd mortgage jointly or refinance current mortgage into one spouse's name only?
As long as you can qualify with your current mortgage payment, taxes, insurance, and home owners association as well as the loan on the new home you can just go ahead and purchase a new home. It's when you are unable to qualify with both that causes the issue. I am licensed in Georgia and South Carolina so I...

is there a mortgage loan that would include improvements over the asking price
Yes there are options available, we offer a HomePath Renovation loan for Fannie Mae foreclosure properties for primary, second home, and investment properties. We also offer the HomeStyle renovation loan that allows you to more extensive renovation on a purchase or a refinance up to the Fannie Mae...

What is the best way to finance renovations in a primary residence bought cash in Atlanta?
We offer a great product called HomeStyle Renovation. It is for loan amounts up to $417,000. If the loan amount were to be larger than this we also offer portfolio renovation and construction perm products. The renovation loan allows you to use the value of the home subject to the work being completed. ...

FHA Loan question
It may be difficult to find a lender that will do this but there should be one out there. I would say your best bet is to contact local banks or credit unions to see if they will do this. You most likely could find a bank that would do this but they may require a higher credit score of at least 620 or higher.I cannot...

We are currently approved for a conventional loan however we would like to have a cheaper downpayment and lower interest rate.
Mr. Beasley, You can tell your lender that you would prefer a FHA loan or you can shop around for one. You will need a pre-qualification letter that states you are FHA approved when making an offer because some sellers are less willing to accept FHA loans offers if there house is in need of repairs.I can...

Construction to Perm Loans in Charlotte with 90% LTV, Do they exist?
United Community Bank offers a 10% down CP loan one time closing depending on loan amount and credit score. This is for primary homes in NC, SC, GA, and TN. Jackie Peck NMLS#511778Jackie_peck@ucbi.com or direct #404-483-9526

had chapt 13 paid off converted to chapt 7 to get discharge have decent credit 690-700 how long before construction loan possible?
It would be a minimum of 4 years from the discharge date and you would need at least 10% down.