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Sara Deere's Answers


Can I still qualify for the HECM loan without income or credit scores?
I am able to help you obtain a HECM mortgage. Please call me at 816 703 7940.
home equity loan
If you are 62 years old or older, then I can help you with your loan.
Is rent to own a good deal?
I agree completely with the other answer already provided. Contact a local small broker to help you obtain a loan that offers payment within your current budget.
Need a Loan for home repairs with credit score in the 600's
I know of a company that can possibly help you obtain a loan even with a credit score in the 600's. Also if you are 62 years or older you might look into a reverse mortgage HECM saver product. Please provide your contact information, if you would like more information of the products and loan programs...
Can I have a 600-700 dollar house payment
Yes you can have a house payment including taxes and insurance for $600-700 per month easily with one of our mortgage programs. Open Mortgage is a residential lender, and you can apply directly online or call me directly. My website is http://saradeere.openmtg.com or call 816-268-5931.
First Time Homebuyer Questions Topeka Ks
I agree with all the answers. With rates so low there are programs out there that bests fits you and your husbands current financial situaiton. Mid Nation Motgage Corporation is a direct lender for both conventional and FHA loans and we can get you into the new residence very fast. All our processors are...
Remodeling affect appraising?
I have to agree with the majority you have improved some key areas of a home. The overall compensation will not be great in value for today's market. One can remodel a home with the finest furnishings, but if homes just like yours recently sold within the appraisal approved guidelines your new...
FHA or not?
I agree with pursuing a USDA loan as one of your best options as long as you meet the other requirements.
Loan options with no mortgage insurance
There are also a couple other options.
credit score 580 is there any where in MN we can get approved for a loan we are looking for nothing more then 60,000$
If you or your co-borrower 62 years or older, you could buy something for 60K with a reverse purchase.
When applying for a mortgage, do lenders consider gross income or take home?
I agree with the previous answers already stated as a response to your question.
Is it worth getting an ARM considering currently low rates?
I can really only answer from the reverse mortgage point of view. If one plans to stay in the home for a very long time, an ARM is the way to go. The reason is the line of credit option has a built in credit line growth. So what money stays in the account can actually give you more money over time. A fixed rate...
need to refinance my house with my son credit.
If you are 62 years or older and have at least 50% equity in your home, you could qualify for a reverse mortgage.
good income bad credit due to family crisis
If you are age eligible, you might consider a refinance via reverse mortgage.
How do I get a refund of MIP and PMI fees?
MIIP and PMI are mixing two different FHA insured products. PMI is for a regular FHA mortgage and at a certain point of loan to value and equity percentage on can request cancellation to the servicer. MIP is an insurance premium for a reverse mortgage in which there is no refund available. A reverse...
can i secure a mortgage with a 654 fico
Are you by chance 62 years or older? If so a reverse mortgage refinance could also be an option.
Scary letter received from Wells Fargo
I agree with the previous answers submitted. The worse thing Wells Fargo could do would be to raise the interest rate on your old home comparable to an investment property rate.
can a conventional loan be refied as aharp va loan
If you are of eligible age for a reverse mortgage, that could also be an option instead of a VA loan.
What are my options for no down payment mortgage loans?
If you are age eligible, you might look at doing a reverse mortgage on your primary home.

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