What are the loan limits in Santa Clara this 2022?

I am planning to buy in an expensive neighborhood here in California. Is a jumbo loan my only option? What are the loan limits in the Santa Clara area this 2022?

Should I refinance to buy another property?

I bought a new construction duplex a few months back at $360k and currently house hacking. The value has gone up to $550k and I was thinking about a cash out refinance and use the money for a down payme...

How do I know if a lender is legit?

I am new in REI and rental properties have earned my interest. I need to borrow money to get started and I want to know what to look for when borrowing from hard money lenders. I had a conversation with...

Working on a HELOC for 2 rental properties

Looking for a credit union who will work with me on getting a HELOC on 2 rental properties in Kansas? I am expanding my portfolio by using equity and not going through a refinance as much as possible.

What's the best way to get rid of PMI?

I purchased my condo a few years back with an 8% down for $200k. Do I need to pay for PMI for the whole duration of the 30 year term? How can I get rid of PMI if possible?

What programs are available for down payment assistance?

We live in NY and are first time home buyers. The properties are quite expensive here and we can only afford to buy a home with down payment assistance. What is the best program available? Any inputs wi...

Are my scores enough to get a loan?

Is there a lender who would accept credit scores of 617, 558, 558? I have 8 negatives on 10 hard inquiries with 6 solid positives.

Do I get rid of my work truck before I get a loan?

I am self-employed and I was told by my lender that I need to get rid of my work truck to eliminate the payment counting towards my DTI. Should I do it just to get a loan?

Is this a realistic scenario for us?

My wife and I have no debt other than our mortgage. We want to sell our current home to buy a new one and so far we have homes available that will put us at about 38% DTI. We can put down more than 20% ...

How do I get the highest LTV?

Hi, I’m looking to refinance and take out the cash to pay off my student loan. The house is owned and fully paid and I want to get the highest LTV. What can I do to get nearest to 100% loan value?

What are the consequences if I don't live in an owner occupied home requ...

I bought a triplex and the loan requires it to be owner occupied. The problem is work is taking me away for 6 months this year. What are the repercussions if I get caught? Does anyone really check on th...

I plan to buy a 2nd home and I don't know how to start

I own a home in Cali that I bought during the housing crash in 2010. It was a cash purchase and I am looking to buy a second home. I bought my home for $40k and I have over $250k in equity currently, ho...

If I gift someone money for their homeloan, do I need to provide my pers...

Property not meeting minimum requirements for a refi

I’m having a hard time refinancing since my single family unit is under $100k. The majority of banks all have minimums of $125k. I’m investing in a location that rents well but the values are not me...

Are there lenders who would fund buying a property abroad?

I am looking to purchase a duplex in the Dominican Republic. The property is selling for $150k and I can’t find financing. Are there lenders who would allow an American to borrow money for a foreign p...