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Christopher Jones's Advice

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  • 282 Contributions
  • 6 Best Answers
  • 44 Helpful

Christopher Jones wrote:

I have a loan originated in 2007. HARP?

Answer
Yes. From what you shared, I'd recommend adding him to the loan now. Do you know if your loan is HARP eligible?
March 13
(1)

Jumbo mortgage with 10% down

Answer
Yes.  10% is available for Jumbo.  We have an option that is NO PMI also at 10% down.  If you are interested in talking more, you can contact me through my profile here.  Chris
March 13
(0)

Portfolio lenders in CT

Answer
How much are you putting down and do you have a lot of reserves?
March 08
(0)

What is best course of action if I owe $one hundred fifty thousand on a home worth $100,000 ??

Answer
Have you tried a short sale? You should discuss ramifications of purposely not paying with an attorney.
March 08
(0)

Purchasing a second home

Answer
The rates for the second home are similar to the primary residence.
March 05
(0)

Looking to refinance

Answer
You can do a search here under Mortgage Pro in your state and find a list of reputable lenders to choose from..
March 05
(0)

Portfolio loan

Answer
We have a non warrantable condo option as a portfolio loan through a credit union we work with.
March 03
(0)

203K or Conventional?

Best Answer
Yes. The 203k has the same rules for MI as a regular fha loan. Have you looked at the fannie mae home style? This might be a good option for you...
March 03
(0)

I am 20 days out from closing and I was wondering if I wanted to change mortgage lenders, could I?

Answer
Yes you can.  If it is due to recent improvement in interest rates, you may want to ask your existing lender if they have a renegotiation policy.  If it is a conventional loan (non FHA), you will have to do a new appraisal.  FHA appraisers can be transferred to the new lender. 
March 03
(0)

Should i refi from my FHA loan to Conv loan ?

Answer
I would definitely consider refinancing to conventional if your property has increased in value..
March 02
(1)