Q&A
Asked by Cfeeney52
Answered by Greg Fischer
Mortgage Professional in Manchester, NH
You will save on interest. Yes, your loan is paid off in half the time - but you can also pay off a 30-year loan in 15 years if you made additional principal payme...
Q&A
Asked by an anonymous user
Answered by Greg Fischer
Mortgage Professional in Manchester, NH
Depends entirely on your definition of "not great." With 10% down (which it sounds like you have) there are lenders who will close an FHA loan with very low credit sco...
Q&A
Asked by mburgos21
Answered by Craig Wright
Senior Mortgage Analyst in Franklin, TN
Great question. First of all, the townhouse has to be approved for a government loan (based on their Homeowner's Association.) After that, we would have to take an i...
Q&A
Asked by andre.coco805
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Hi, My condolences for the passing of your mom. Have you discussed purchase options with the note holder? This would be an advantage for both of you. Feel free...
Q&A
Asked by an anonymous user
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
Certainly most everyone buying prefers more home for less money. Also, most every seller wants more money for less home. Well, a lower down payment can be accomplished...
Q&A
Asked by an anonymous user
Answered by Bharat Thakkar
Mortgage Broker (NMLS# 212455) in Gaithersburg, MD
Yes, This is a very good time to buy a home. It is always nice to own a home. I would be happy to help and answer your questions, any time. Good Luck to you.
Q&A
Asked by mimalcala55
Answered by Hans Bruhner
Mortgage Banker in Sebastopol, CA
Lenders can’t answer that question directly. Good credit is great but we need the specific score, we need the loan program, we need to know how much down, and what you...
Q&A
Asked by an anonymous user
Answered by aa wewe
none in AZ
Yes it can be done but I would advise against doing this as his home would be a asset to take if you were sued or liable for taxes, etc. He would be better to protect ...
Q&A
Asked by tavonlewisbusiness
Answered by Dave Bradley
Investment Manager (Financial Advisor) in North Charleston, SC
What is the cap-rate, Compound Annual Growth Rate (CAGR), cash flows, etc. for the properties? Then there is marketing, SGA expenses, appraisals, comps, etc. Those a...
Q&A
Asked by housecleaning460
Answered by Daryle Evans
Senior Loan Officer in McKinney, TX
Our guidelines at Supreme Lending state we do not need to have any active tradelines but need two credit scores. One option is to open up three credit card accounts an...
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