IRRRL for Veterans, with an Existing VA Loan.
Friday, October 30
Interest Rate Reduction Refinance Loan for Veterans.The VA Interest Rate Reduction Refinance Loan (IRRRL) lowers your interest rate by refinancing your existing VA loan. By reducing your interest rate, your monthly mortgage payment should decrease. You can also refinance an adjustable rate mortga...
Rate and Term Refinancing Your Primary Or Investment Property.
Wednesday, October 28
Maximum Loan Limit Look up for your area can be found here;Look Up Conforming Limits For Your Area! Current appraised value is used to determine LTVProperty must not be for sale, and must be taken off the market on or before the disbursement date. A Rate & Term Refinance can be used to pay of...
Investment Property Financing Options with Conventional
Tuesday, October 27
FINANCING YOUR INVESTMENT PROPERTIES WITH CONVENTIONAL: Required Documents: Credit report will be pulled tax returns for 2 years,Bank Statements and Assets - dating back to the past 60 days,W2's, pay stubs, and / or proof of income,Photo ID - Driver's LicenseGift Fund Letter - Allowed FOR PRIM...
The BRRR / BRRRR Strategy: Buy Rent Rehab Refinance
Tuesday, October 27
THINKING OF USING THE BRRR METHOD? This method of financing works best when you find under valued or wholesale property that you can force appreciation by doing some renovations or updates to the property. This method isn't best used on property that you purchase at retail value. You are better ...
VA High Cost Area Financing, VA Mortgage and Financing.
Monday, October 26
Purchasing With A VA Loan Criteria Service Requirements For EligibilityObtaining A Certificate of Eligibility Explanation of Entitlement and Second Tier EntitlementVA Loan Limits are the same as Conforming Loan Limits for 2017ELIGIBLE PROPERTY TYPES1 – 4-unit properties Condominiums—per VA guide...
Conventional High Cost Area Financing.
Saturday, October 24
Here is a link with a list of the conforming loan limits for 2017PDF List of Counties With Conforming Limits For 2017Here is the site to look up FHA and Fannie Mae/Freddie Mac Loan Limits. Look Up For Fannie Mae/Freddie Mac Limits For 2017You can borrow for up to 10 conventional mortgages, down t...