I posted the lender 411 link on my web page. How do I know it's working?
The best way to determine if your link is working is to go to your page and click the Lender 411 link. If it takes you to your page it is working. You are promoting your page from your site. If the link is working the the visitors to your site who click the link will be sent to your page.

Self Employment Loan Options Could Really Use Some advice
IRS rules and Lending rules are not the same. If you are an employee with a regular paycheck, even from a non profit then that is counted as your income and your tax returns are not required. If you want to count additional income then that must be averaged for the last 2 to 3 years and then the lender will...

LLC Partner
To make a mortgage to an LLC is a business loan, because an LLC is a business. As such it can not be owner occupied, that would make it residential and have to follow residential guidelines. There may be an option to put the property in trust if your goal is to mitigate risk. Otherwise, if you are looking to...

Co-Signer Passed Away
That best answer below is a main reason the economy is in the shape it is. Are you saying you can not afford your mortgage now without the co signor? Do you think you would afford it any better if you did a stated income loan (which always is at a higher rate and higher fees). Is that the best answer for someone...

two 8 unit multi family buildings
Yes Ray I can do those. The rate will be around 6% because of the low loan amounts.

I need to refinance to a fix rate but the property is mixed residential/commercial and banks refuse to refinance.
There is not enough information to answer your question. To qualify for a commercial mortgage first we look at the property. Mixed use commercial properties are no problem to get refinanced when working with someone who does them regularly like I do. The most important thing about the property after...

I am looking for a mortgage of approximately $300,000.00 on our commercial building in Point Pleasant Beach, NJ 08742. We are making the last payment on an existing first mortgage (with payment of $1645.10/ month). We have a second mortgage of $28,830.00. The realestate assesment for taxes on our property is $2.5 million. We would like a new mortgage of $350,000 to pay the existing mortgage off and to take cash out to repay some of our investment. Thank you. Clara J JohnonPresident, Point Pleasant Furniture Company, Inc. also owning and operating Point Pleasant Antique Emporium, Inc.
You would qualify for a refinance to take cash out regardless of your finances based on the value of your building alone. The terms you get for that cash out loan though are based on your business and its income and cash flow as well as the credit of the principles. If you would like more information, email...

Can I refinance with a 630 Credit Score?
You have an excellent loan to value and if your debt ratio's are in line you could qualify for excellent rate and term rate around 4% or less. Call me for a quick pre qualification at 708-374-7439. As a Senior Loan Officer at Vantage Point Bank I can help you meet your financial goals.

Are mortgage rates for a Town house different to a Single Family?
Your lender is correct. You get a slightly better rate with a 20% down payment. Your rate might go down .125% to .25%. The fact that your property is a Town Home may or may not affect your rate. If your TH is a Condo that is not approved via Fannie Mae or Freddie Mac, then the rate could be impacted. If the Town Home is...

578 credit score + 66,500 gross income + no late payments on rent or utilities in 2 yrs.
Jeff the best answer is you do not qualify with a 578 score. Without looking at your credit I can not tell you why you are so low, but I can guess it is your balances need to be reduced on your revolving debt If you have not had a late in 2 years and you have not had any major derogatory information like...

Loan help for a NON Fannie Mae or Freddie Mac-- HELP !@!@!@!
I am not sure but it sounds like you may not be much underwater. If the only thing stopping you for qualifying for the VA IRRL is the fees taking you over the max loan, then pay the fees out of pocket. That is if it makes financial sense and you can afford it. With only having partial information it is tough to...

Have two HARP refinances
I am in Illinois (Chicago Area) though I can originate loans nationally, I prefer to do tough deals locally only. I you need any help in my neck of the woods I would love to help.Louis 708-299-3244 louisj@fbcfunding.com

How do I obtain refinancing on a commercial property which is mixed use?
I am a commercial lender and your question is too broad to answer. There are a lot of parameters to consider. First is how much is the loan and what is the loan to value. If the loan is under $750,000 or over $5,000,000 there are entirely different loan qualifications. Under $500,000 is usually a portfolio...

At what point of equity can i refinance my fha loan into a conventional?
You can qualify for conventional refinance on a single family home with 5% equity. But to eliminate PMI you need to to have at least 20% equity. The mortgage insurance is higher on FHA loans and depending on when you got the loan the mortgage insurance may last the entire term of the loan. This makes...

First time buyer with concern about credit score
I am not aware of Iowa marketplace but in many states there are first time home buyer programs that you seem to qualify for. In Illinois for example you would qualify for an IHDA loan that would give you 3% down payment assistance. You might even qualify for a FHLB program that would also give you cash for...

Buyer changed lenders after appraisal
I doubt a buyer would change lenders for a better deal so close to closing. Especially since rates have been rising. Unless the buyer is going for a special program like a first time home buyers program where they may be receiving down payment assistance that the first lender could not provide. I would be...

Accidental landlord, looking to refinance investement property, which is underwater in Richmond VA. Any lenders?
Kadiri_s185 both responses are correct. You can qualify for a Home Affordable Refinance (HARP) on the single family home that you live in, which is Fannie Mae's program instituted by the current administration to help individuals that have no equity in their home refinance to a lower rate. The town...

will homepath rates be less than others?
Yes Homepath rates will be slightly higher but because you do not need to pay for pmi your payments will be lower and your down payment can be lower.

is VA financing above 100% LTV available
The real question is what do want above the purchase price? Are you looking to do some rehab work or just looking for closing costs. If you need rehab of the home you should look into an FHA 203k which requires a small down payment. If you need closing costs the seller and your lender could help you with that.

I've been renting a house for 5 years now it is for sale how much should I pay for the house
Of course you need to discuss with the seller how much they want to sell the home for. Once you get their price you might consider verifying the value. You can check zillow or other online sites. Check with a Realtor for a potential market value or even get a professional appraisal if you do not spending a...