Are 100% financing options still available for first time home buyers?
Yes, if you buy in a usda approved area we can do 100% with no closing costs. I would the address of the property to determine if it is in a usda area. You may qualify for grant money, but this depends on your income. If you would like to discuss your situation in detail please email me at...

FHA loan after banktrupcy
If the home was in the bankruptcy, it is 3 yrs from the discharge date. You could do a contract for deed with a seller. If the contract is recorded it will be viewed a refinance. This is a great way to keep the home you want from getting away, for now and refinance it when you qualify in the future.

Should I refinance if moving in a few years?
I tell all my clients to lock into savings while they can. I do annual reviews for all my clients to make sure they are paying the least amount of interest. My mortgage plan is part of an overall financial plan. Upon doing these annual reviews I can tell you life changes on a dime. Clients tell me I am here for the...

Can I still qualify for the HECM loan without income or credit scores?
Yes we can help you with that. Call me at 314-703-7200.

Here is my question..What are the benefits of refinancing a reverse mortgage?
We would need to know why you are wanting to refinance, if you are cash poor?

FHA or 5% Conventional
I have several clients that we offer a single premium payment of around 2% and the pmi is paid off no monthly at all. With FHA upfront MIP now at 1.75% it is about the same with no monthly. Then we advise our clients to take the pmi monthly savings and make additional principal payments. This will pay the loan...

Can you get a good mortgage rate with a FICO score of 733 but Only 1 Year Income in the last 2 years?
We can help you. I justed closed a loan with a lady that was off work for 2 year and was only employed 6 months. My contact info is Dennis Sauerwein 314-703-7200.

Worth refinancing?
I would do a 15 yr conventional mortgage at 2.75% with no pmi. We are a St Louis based mortgage company. We underwrite, process and fund all our loans locally. We are closing loans in 30 days, not many companies are doing that in this market. Call me for a detailed loan analysis. Dennis Sauerwein USA Mortgage...

FHA Home Loan with a score of 615, Is it possible?
We have a bank that will do 620 but the file has to be perfect. I would suggest have a lender pull your credit and review it with you. We can help you improve your score by doing a CBC credit expert report. This report will help us tell you what accounts need your attention to get the highest score possible....

how long it will take to complete the refinance house
We are closing loan in less than 30 days. Providing you have all your income and asset documents.

Can I qualify for VA streamline refi with a 612 credit score?
Yes we can do a VA Streamline down to 600. Just give me a call at 314-703-7200 or go online and submit and online application. Just click on the link or copy cut and paste. https://1247715639.secure-loancenter.com/WebApp/FullAppLogin.aspx

can I buy home with 620 fico
YES we can do 620 credit scores.Can Dennis Sauerwein with USA Mortgage at 314-703-7200 or email me for more infomation dsauerwein@usa-mortgage.com

Do usda loans have mortgage insurance
USDA has a monthly funding fee of .40%. We can do USDA loans with scores down to 600.

whats max i can get from a cashout refi with 80% LTV?? va loan with 712 credit
We can do 100% loan to value. Give me a call we are local.Dennis Sauerwein with USA mortgage 314-703-7200.

Is there a cap on how often rates can move with an ARM?
If you are getting a conforming ARM 5/1 there is a index and a margin to determine future interest rates. The margin is added to the index to come up with your new rate. All 5/1 ARM should have caps on them. Normally it is a 5/2/5 meaning the first adjust can go up the full 5%, because there is a 5 yr fixed period....

my loan is going for a clear to close but a collection credit card was just added to my CBR
Jessica,My name is Dennis Sauerwein I work for Pacific Union we can credit scores as low as 580 with no problem. Let me know if I can help 314-703-7200.Thank You