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Answers (9)
Best Answer
- Greenline Properties
- Contributions:7
Hi, find a property that is for sale by owner. Usually owners are more flexible on terms if they get the price they want.
- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
Thanks Roberto, only paid attention to the recent post date. Not the date of OP. ... My bad. .... Happy funding, Rudi
- Marketing Consultant, "Life Smith"
- Contributions:121
I m sure you can find something to help process loan. or FHA . Goto profile they service DC, MD, VA. They just close a 4,400000.00 commercial they can help good luck. Lock your rate in for 90days so you have time to watch
- NTETS, "Mr Caveat"
- Contributions:6436
ahh well, another 24 months with modest savings and steep losses in the market and whatever nestegg he does have might be more achievable than he thinks! ^_)^
Nikki and Rudi:
10 months old! this thread is 10 months old! Really!!!
Further, the FHA loan limits will almost certainly interfere, as in most counties the limit is way the heck lower than this buyer will need, so Nikki is likely way off the mark.
10 months old! this thread is 10 months old! Really!!!
Further, the FHA loan limits will almost certainly interfere, as in most counties the limit is way the heck lower than this buyer will need, so Nikki is likely way off the mark.
- Rudi Hofmann, "LUXURY HOME LOANS CA"
- Contributions:7435
It's not just your income, it's also your debt. You need to be, depending on lender, between 41% to 50% Dept-to-Income. Usually,any loan amount above your counties conforming limit will require 20% down. .... Happy funding, Rudi
- Nikki Harsa, "Nikki Harsa"
- Contributions:93
Have you considered the FHA rout? Is that an option for you? FHA is 3.5% down!!!
- Dana Kolodney, "Dana Kolodney"
- Contributions:191
Do you currently own any real estate that has equity? If so e-mail me with the specifics and I will tell you how to do it.
- Ofe Polack, "Ofe Polack"
- Contributions:1418
Have you discussed your goals with the mortgage company that pre-approved you?
What do they recommend?
What do they recommend?
Want to buy a house in the $800000 but dont have %20 what are my options?
My income supports the payments,I have excellent credit.I was pre approved for $1,220,000 I just dont have %20 to put down.I would like to purchase ASAP.Are there any options for me.I live in South Florida.
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