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Mark Wilkins's Answers


can my mother sell me her house for the amount she owe bank 109000 the FMV of the house is 250000
Please do not go ahead and do an FHA loan. The cheapest and easiest way would be to do a Conventional loan with a 20% gift of equity and sellers assist. I grew up in Langhorne right across from Styers Orchards and do a lot of business in the area. If you would like to set up a meeting I could meet with you and your...
Thank you for your answer. Yes It will be my primary residence, not an investment property. What would be the chepest way to pucha
Please do not go ahead and do an FHA loan. The cheapest and easiest way would be to do a Conventional loan with a 20% gift of equity and sellers assist. I grew up in Langhorne right across from Styers Orchards and do a lot of business in the area. If you would like to set up a meeting I could meet with you and your...
mortgage less than 50
These mortgages can be done but are more difficult because of high cost. As long as the lender fees are under 5% and this is a full documented loan you should be ok.
employer relocation letters for loans
This is something your employer should be able to provide if you are being relocated.
whats better for me to refinance? lowering rate
Yes, with that LTV and credit score you will be best to do a conventional Rate and Term Refinance.

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