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All Forum Posts by: Denise Hogue

Denise Hogue has started 2 posts and replied 7 times.

Thank you Dan.... I haven't given them that, but will now!!

Thank you all so much for the information!!  I'm going to pass this onto them.


  

Hi all... 

My daughter's are interested in buying their first multi family property in the Denver area.  They will be living in the property and are looking for programs that would help with down payment/closing costs.

Any information would be greatly appreciated.


Thank you.

Post: Mortgage for a fourplex

Denise HoguePosted
  • Claymont, DE
  • Posts 8
  • Votes 2

Thank you all for taking the time to give me your input, its all been very helpful.  I look forward to the next steps.

Post: Mortgage for a fourplex

Denise HoguePosted
  • Claymont, DE
  • Posts 8
  • Votes 2

Thank you Scott, thats great advice.  I will continue my search.

Post: Mortgage for a fourplex

Denise HoguePosted
  • Claymont, DE
  • Posts 8
  • Votes 2

Thank you for your responses.  I have a credit score of almost 800 a current mortgage on my primary home, car payment and I've co-signed on a student loan of $5000 for my daughter, but no other cc debt, etc.  I can provide my last two tax returns which will show a much lower income than I am making now, so that could possibly be an issue, but I can also show current paystubs.  This will be a joint effort with my husband, he has been at his job for 17 years.  

Post: Mortgage for a fourplex

Denise HoguePosted
  • Claymont, DE
  • Posts 8
  • Votes 2

Hi all...This is my first post on the Bigger Pockets forum.  I'm in the beginning process of seeking financing for a fourplex I would like to purchase.  This will be my first investment property that I will have a mortgage.  I have spoken with a few loan officers but more or less are getting the response of submit your documents and lets see.  I feel I am a good candidate to be approved for the mortgage, but if not, I was looking for a loan officer that will be able to provide me with options or offer advice on the best strategy to get approved.  Should I be asking certain questions? Do I keep contacting banks until I feel I have found the right one?  Any advice would be greatly appreciated....thank you.