I recently placed an offer on a duplex to house hack and I plan to use an FHA loan to get things done. The owner has given a counter offer and I’m inclined to accept but a complication came up as my l...
My family has grown bigger in the past few years and we need to look for a larger home. The good news is we fall smack into the income eligibility range for our family size. I am looking at a modular ho...
I live in Orlando and I am applying for a refinance of my home to turn it into a rental property. I am also looking for funds for short term rentals. I have been working with my current employer for the...
I am excited to enter the REI arena and I plan to get funding from private money lenders. What are the requirements in this case? Are they the same as a bank loan?
I'm looking for a non-conforming loan since I've been having difficulty getting a traditional loan since I am self employed. I can put down 20% with a credit score of 786. I have a W2 for a year and b...
I am building a custom home in the FL area and we’re looking for a lender that can help with self-employed construction loans. We’ve been trying to find the best loan product but have not had much s...
I’m fully aware that banks usually sell mortgages. My question is, are they able to change the terms of the loan? Specifically, are they able to change the minimum amount of insurance you must have?
Can you remove private mortgage insurance without a refinance? I only owe $132k but my value has risen to $295k. I bought in 2019. Should I get an appraisal done to determine real value?
I am planning to refinance a current loan because I need the funds for debt consolidation. Closing costs will be $30k and it seems like its not worth it. A HELOC would have been a good idea but my sco...
I can't seem to qualify for mortgages and HELOCS. They say that my DTI is too high. I currently have $12k in mortgages and they are all covered with rental income. I have a cash flow of about 15% due to...
Hi, I am an investor with four rental properties currently and I would like to buy a home that's listed at $60k. My question is, are there lenders who would be interested in a $48k loan? I think the min...
My family is moving from Texas to California. We want to get a loan for a new home but I haven’t started with my new company yet. Will this affect my loan application? I worked for 10 years in my prev...
Hi everyone, I am closing a mortgage and I have a question about title insurance. The contract specified that the seller agreed to buy owner’s title insurance. The title company said that the policy w...
Hi, I am currently looking at home equity loans. My second home's mortgage is paid off and I plan to buy a 3rd property and do some renovations on my primary home. I bought my primary home a year ago a...
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