I'm looking for a $60,000 Mortgage Loan, I have a 700 credit score..Is there a lender out there that can help me?
"Stewart",I would need to know whether this is for your primary residence, second home or for investment/non-owner occupied and the sales price. If you don't have a set sales price yet, can you tell me the cash down payment amount instead of the % down? How much are you willing to put in any deal no matter...

Refi and New Loan At the Same Time
I disagree with travlerm. If you are ALREADY preapproved for the purchase, the rental payment won't matter. IT WILL cause problems when it comes to closing your purchase. Whether a Loan Officer is aware of it or not, his or her underwriters will do quality control and make sure that you don't...

2 years old mortgage at 4.875%
Yes ma'am, your closing costs can be rolled into the new loan amount. Based on my calculations, you would need to save .839% off of your current rate to recoup your costs in a reasonable amount of time - 20-30 months or less. I can be more exact with more information but there are other factors that...

HARP Refi Denied - What's HARP?
You may not NEED to do a HARP refi but it certainly might be priced better if the current loan you have qualifies. The thing to do is not to automatically put it in a HARP loan but prive it out and compare. The biggest issue may be your credit scores. With my clients, I typically try to enhance the scores during...

Sales comps for appraisal
I have emailed my investors and will get back to you in 24 hours. Can you tell me how the property is zoned? Is it a residential zoning or General Ag?Thanks,Jon Higginbotham(540)649-4001www.ValleyMortgageTeam.comNMLS# 368716

What's the max income allowable for usda in virginia
It depends on where you're located. If you're in the Charlottesville Albemarle area it will be $91,850 for four-person household or less or hundred and $21,250 for a five or more member household.

Yeah, I would trust a lender with these kinds of shady antics. Good luck!

best program for first time buyer with 645 credit score
USDA or FHA depending on program eligibility in your area (try this link for USDA and plug in the address for the home you want). You can Google FNMA Loan Level Pricing Adjustments to see how a 645 score has a major affect on the rate. USDA and FHA don't have the massive add-on's for rate and loan-to-value...