Fannie 5-10 with Commerical LOC
If I get a commercial line, cross-collaterized useing 6 condos (al Free and clear) and then apply for a 5th Fannie single family loan how would Fannie cosider the LOC? As 6 mortgages or 1? would they us...
Fanny 5-10 rules
Need the correct answers to (if you are not positive, please note so in your response, thanks) I have 4 mortages (own 11 properties), looking to buy another (5th mortgage)-Are the 6 months of reserves, ...
Can i use an FHA loan to purchase a home if i rent out my first home?
my first mortgage is a conventional loan
Is it possible to refinance two properties simultaneously?
my credit score is 780+, is it feasible?
Can i switch to a line of credit on my reverse mortgage without a refina...
I've been told that getting a line of credit requires the reverse mortgage to be adjustable-rate and I currently have a fixed-rate mortgage. However, I have also been told that I do not need to refinanc...
Can I still shop around for rates if i've gotten preapproved?
Is a preapproval a formal commitment?
If I closed on a home refinance several weeks ago, can the bank order a ...
Mid-October I closed on a home refinance but my bank wants to do a reappraisal because of the damage from hurricane sandy. Is there any recourse or am I simply stuck?
How much in closing costs should an assumption charge?
My ex husband and I have a mortgage loan in both of our names, his being primary. To take his name off the loan I was told that I had to get an asumption. This is proving to be quite expensive, includ...
Why do reverse mortgages consider home value rather than equity amount?
If a borrower only owns 50% of the property, why would the loan amount be determined by the whole property value?
how are the FHA and HUD related?
Is the FHA a division of the HUD?
Ask our community a question.
Get an answer
Related Questions
