What is the best first time home buyer mortgage in Arizona?
You did not disclosed how much down payment you have; but at the minimun down payment of 3.5% of the purchase price of 210,000 you can qualify for an FHA loan. This loan is perfect for first time buyers that have the lowest down payment and has easy loan guidelines to follow. But if you have more down payment...

Can I get a USDA home loan in Riverside, CA?
Yes! You're right in that USDA loan might help you if the property is on a designated rural area, and FHA loan can help you also. The fact that you have a fico of 760ish will also give you an advantage for the loan process; but your net income needs to be clarify by your tax returns and if your income is...

What Credit Score is Needed for a HomePath Loan?
Ideally your credit scores should be between 640 and 660, but with homepath your credit scores could 580 or better. There are lenders that will take this score, but they will have restrictions for approving them. I can answer whatever questions you have if you call me at 909.222.3858 or email me at...

how long do i have to wait to refinance?
For Conventional lending the banks will like to see not mortgage lates within the last 12 months, and for FHA government lenders they will allow 1 mortgage late within the last 12 months. It seems that you are in your way to recovery financially and that is good! If you have more answers please call Mark...

30 year or 15 year refi
Yes! it looks like a great move; just make sure that the 15 year rate of 3.125% is coming in as a not cost rate, because if is going to cost you to get it then the loan amount might go much higher and therefore the payment might go much higher than what you have anticipated. You can email me at mgonzales@mhmb.com...

how much will 1 poing lower a 3.75 interest on a 200,000 mortgage?
To answer your question very simply is for a Conventional loan you will get a rate of 3.750% fixed for 30 years at a cost of .875% or $1,750 for a lock of 45 days and that is less than the point you are considering paying. For a FHA government loan you will get a rate of 3.750% fixed for 30 years at a cost of 1 point or...