I own a house in Seneca South Carolina. The home is free and clear and need a hard money loan fast using it as collateral!
Afternoon Beth,I run the Charleston, SC Branch of United Mortgage, a residential mortgage bank. If you don't mind me asking, why would you choose the Hard Money route ? I can be reached directly at 631-384-1070 or mrappaport@unitedmortgage.com

Would I be able to do a Streamline FHA Refinance to eliminate MIP?
No. If you have insurance then you'll have to have it again. If you have determined the equity we can possibly refi to conventional with no mortgage insurance

Anyone offering a construction to perm loan for $437,000 with $10k down in SC?
Great question. It's unlikely that you will find a conventional lender with such little assets available for the transaction, the reason is... Most lenders who offer construction loans follow Fannie Mae guidelines for 'Construction to Permanent' financing which is based off of 80% financing. I do...

Looking to relocate and purchase out of state. Can I show an employment offer letter as proof of income
A relocation letter is required for financing. The letter will be verified and prior to close a paystub will be required. Happy to lend in any state you're moving to and educate you about many other guidelines. - Michael Rappaport (mrappaport@unitedmortgage.com) UNITED MORTGAGE

Can I get a new mortgage loan if my only source of income is SSI?
Yes, you need show proof that it will continue for a minimum of 3 years and that you have proof that you have received it for the past 3months.

is there a closing cost for a va loan
There are closing costs on VA loans for sure, however you are allowed to finance them into the loan amount. Some lender like myself in Charleston, SC, we give $1000 closing cost credit as our contributions to those who served.Michael Rappaport843-256-4403mrappaport@unitedmortgage.com

Aren't monthly interest payments required?
interest is part of the Principal & Interest portion of your payment. So yes, its part of your payment

Form asks for confirmation that this will be primary residence.Can you purchase through HomePath for home for daughter to live in?
Will you daughter be on the loan application, if so and your the non-occupying co borrower than yes.https://www.zillow.com/profile/RappaportMichael

I have a manufactured home and can not find a lender. Will you help me, please?
W lend on this type of property if it is taxed as a single family home and on a permanent foundation, has hookups to sewer and water. Can you advise what is the purchase price and loan amount ?

Can you borrow 90% using the property tax value instead of an appraisal?
No. An appraisal would be needed for most purchases and refinances, however recently the gov agencies Fannie and Freddie have an internal algorithm that determines if a property can have an inspection waiver which lenders like us can use in lieu of an appraisal. - Michael Rappaport Branch Manager...

Waiting Time to Refi
No. If there is a benefit to the borrower, depending on the loan product, you can refinance.

age to qualify for HECM please
minimum age for any borrower is 18

First Time Home Buyer San Antonio Texas
100% financing is an option if you purchase in rural areas under USDA FinancingUp to 97% financing is an option for Conventional Financing (based on income and geographic restrictions. Up to 96.5% financing is an option for FHA financing.