Funding for home with two buildings on site
Most likely just one loan that would secure either one or both structures depending on the plat and the zoning. The title report willhelp in determining that. Does the back house have it's own address?Contact Tim @ 714-404-3080

we have a 7/1yr arm mortgage--7 yrs will be in 2015--what happens then?
Fax me your adjustable rate note document and I will tell you exactly what will happen and give you all your options. 888-456-6821

I live in CA and signed a contract with Worldmark by Wyndham, we want out of the contract at 13 days and it states 10 days. Help.
If you have not released your contingencies, you should be able to get out of the contract provided you are acting in good faith. If you have an agent, have them fight to get your earnest money deposit back and cancel the contract. info@toscaproperties.com 9494647362

How much down payment do I need on a 345k loan to avoid PMI? Also how much do I need to have in the bank for reserve?
I assume you mean a purchase price of 345k. Generally anything less than 20% down will require some kind of PMI. Depending on your credit score, you may qualify for 3% down, which is $10,350 plus closing costs. The PMI in this scenario cancels when the loan reaches 80% of value. Our PMI rates are cheaper than...