If this is your Primary Resident and you have 20% or more equity in the property and enough income that your debt to income ratio is around 45% then there is a very good chance you be able to refinance to a much lower rate. if you need more information please click on our Logo/Name and contact us through our profile page. we be glad to answer any questions you might have.
$486,250.00 is the VA loan limit for Ventura County, if your purchase price is $492,000.00 you would need to put the difference as a down-payment on your property. I am little confused about your question but if you are asking if you need to put 25% down on a $492K purchase price the answer is no. one of the main advantages on the VA loan is that you qualify for 100% financing as long as you have the income to support your debt to income ratio. please feel free by contacting us for more information by click on our logo/name.
As long as your Debt to Income Ratio is 41% or less for all of your liabilities, we should be able to get this done. there are few other items that needs to be taken into consideration. Please contact us through our contact by by clicking on our Logo/Name and we can provide you with mre accurate information.
Ask your attorney, Depending on your over all situation ( Liabilities, Assets, Properties... ) Some people whom have filed BK while they were doing Loan Mod. got rejected after BK was discharged and after their trial was over because they no longer had any liabilities and they could afford their full payments.
If you are thinking of doing a short sale. please make sure you do consult with a Real Estate Agent and even possibly an attorney. It is important to understand the terms and the contracts that needs to be signed and most of the time they have been written by attorneys who make everything complicated for someone with no experience in such matter. If you need a Realtor please click on our logo and contact us through our profile.
Loan Modification is one of your solutions, make sure you contact one of the HUD approved agencies, they can help you at no cost to you and tell you if you do qualify or not. if you need more information feel free to contact us through our profile on Zillow by clicking on our logo
USDA RD Programs are great as long as the property you are looking to purchase qualifies for such program. also few months back there was a backlog with funding these loans because the state is short on the budget. please make sure you consult with your mortgage originator to be able to close your loan on time.
You can get a much lower rate than what you have on the 30 years fix. if you are looking to keep this property for more than 10 years, refinance will save you thousands of dollars in the course of your loan term. Fee free to click on our logo and find our contact information. Our mortgage specialist are standing by to answer any questions you might have. :)
Please visit [link removed by moderator] and click on I'm A Seller and you should find most of the information you are looking for. you can also request a contact and one of the experienced Real Estate Agents will contact you to provide you with more information if you need.Click Here [link removed by moderator]
A Real Estate agent should be able to provide these information for you, however you can also contact our sister company Crestico Realty and one our Affiliate Brokers or Real Estate Agents will be more than happy to provide these information for you,Click Here to complete their online application cresticorealty.com/evaluation Crestico Realtywww.CresticoRealty.comInfo@CresticoRealty.comT: (877) 880-2929