It depends when you locked in. Today's VA rates are around 4.25. Are they giving you a credit for any closing costs with that rate? When is your closing date?
I can definitely help look at your situation to see what we can do to qualify for 3. You do have the option rent out the 2 you have until the market gets better.
I can help you with that. My company can go down to 580 on FHA and VA. Call me for more info.
I am looking for a CRM to be able to track the loans I have working, real estate agents I'm working with, and which borrowers they referred me; so I can track who my top referring agents are etc. Also, I would like to be able to have pop-up for birthdays and call backs.What would be the best CRM to use? I have been testing many and none seem to be as effective as I would like.
It would depend on what the delinquent accounts are, how much they are for, etc. Most lenders can run your credit through an automated underwriting system to see what it states in regards to each account. Hope this helps.
Carrington mortgage services will allow you to go down to a 580 score on FHA. Best of luck.
Unfortunately with most lenders once its locked it would stay that way. There are some lenders that would have float down policy but it is not very common any more. That is where once your locked you are able to get a lower rate if they go down for a little extra cost. Check with your loan officer and see what they can do. They would be your best resource for this question.
For the military sister a VA loan is going to be better than the FHA due to the fact that she will not have to have mortgage insurance and she can do 100% financing. As far as the other sister if it is a renovation the 203K FHA loan will be best for her. Hope this helps. I am a lender in Tampa and can assist over the phone to help with more clarification.
Your best bet would be to have a lender look at what your score is now and give you advice on what to pay down. Most lenders will allow down to a 580 credit score VA. I would check with someone first before dumping all your cash to pay everything off.
I am a national lender located in Tampa, FL. Brian and Omar are right there are many other factors than just your credit score. Your credit score is in the highest category there is, so that is definitely a great start to your application. Contact me for more details to help you get pre-approved.