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Updated about 4 years ago on . Most recent reply

User Stats

36
Posts
20
Votes
Devin Fakner
  • Investor
  • Mansfield, TX
20
Votes |
36
Posts

Lending Options for Beach House in Galveston TX

Devin Fakner
  • Investor
  • Mansfield, TX
Posted

Good Morning!

I am in search for a lender for a property on the coast of Galveston. My situation (recapped below) is somewhat unique and disqualifies me from most lenders for the time being:

- Approximately $250k in annual income.

- 3 properties owned with approximately $300k in equity.

- 100% Disabled veteran receiving monthly disability.

- Poor credit score from when primary residence loan was sold 10 months ago and autopay didn't transfer. 

Most Popular Reply

User Stats

97
Posts
48
Votes
David Bain
  • Agent
  • Honolulu, HI
48
Votes |
97
Posts
David Bain
  • Agent
  • Honolulu, HI
Replied
Originally posted by @Devin Fakner:

Good Morning!

I am in search for a lender for a property on the coast of Galveston. My situation (recapped below) is somewhat unique and disqualifies me from most lenders for the time being:

- Approximately $250k in annual income.

- 3 properties owned with approximately $300k in equity.

- 100% Disabled veteran receiving monthly disability.

- Poor credit score from when primary residence loan was sold 10 months ago and autopay didn't transfer. 

Aloha brother!  

I've got a few resources I can push your way.  A veteran myself, I've got quite a network of other veterans who work on situations just like this.  I'll shoot a pm. 

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