A few nice chateau images I discovered:
Chateau d’Ussé
Image by Spiterman
Chateau de la belle au bois dormant
Much more wonderful homes click right here…
Question by grdnoviz: is it possible to get an interest only for stated income/assets on an investment property?
I know the rate will be high, remedy but I want to know if anyone does that.
Best answer:
Answer by ironman_bmfc
The problem you are going to run into is the fact of it being an investment property. They are out there, ed but the rate is not wonderful. There are a few things that would help me to answer your question.
Why do you need to do it as an investment instead of a second home? Are you self employed, or w-2’d? How long are you planning on keeping the property? Why do you need to go stated? What is your credit like? Do you need to finance the entire purchase, or do you have some money down?
Going I/O SISA is not a problem if it is a primary residence or a second home. If the investment property is far enough away from your primary residence then you can, and should finance it as a second home.
You have options on what you can do in this situation, feel free to e-mail me and I can give you some ideas.
Know better? Leave your own answer in the comments!
Question by MDrape: Looking for a LEGAL Loan Modification Affiliate Program?
I am a Loan Modification/Loss Mitigation Professional looking for a LEGAL loan modification affiliate program. I live in FL. I have tons of leads ready to go. I am open to a referral program or a hands on approach. Please answer or email me. Thank you!
Best answer:
Answer by Michael Thomas
Well you could always go to Google when looking for an affiliate program! Simply type the product in quotes with the words “affiliate program” in it like this:
“loan modification – affiliate program”
This particular search brings up 94, order 000 search results. You can be more broad for a more narrow responce… Best of luck to you! 😉
Cheers,
Mike
What do you think? Answer below!
Question by pinkpink: Who can give me a lower mortgage interest rate and monthly payments in Austin?
Assuming the credit rate is excellent and falls under high income. Also the house price would be under 300k. If there are any mortgage lenders, sales could you suggest what is the current interest rate that you could estimate?
Thank you.
Best answer:
Answer by Noneya
how much money are you putting down and what terms do you want, sale 30 year fixed, 15 year fixed, FHA/VA, conventional or USDA?
Know better? Leave your own answer in the comments!
Question by emeral123: what happens if you foreclose and you have a home equity loan on the property?
what could happen to you if you foreclose on a property and have a heloc on the property. it is in arizona, more about would i owe the money still to the home equity loan company,
Best answer:
Answer by CT
you have to pay it back.
What do you think? Answer below!
Question by maria isabela l: What is the difference between FHA streamline and non-streamline refinance?
If I have a conforming loan right now. Is it possible for me to apply with an FHA loan? what is the difference between streamline and non-streamline refinace? Thanks
Best answer:
Answer by Big Mr.Muffet
At least Natalee answered your question, this lol. Sarcasm.
Streamline (in the traditional sense) means that you can refinance when the rate drops, pilule usually without all the fees associated with re-fi… which can really save you. It lets you sort of rides the waves, health hence “streamline”.
*Lisa L* I never said there are no closing costs, that’s a given. I just meant there are many less fees (no appraisal like you mentioned, no credit check) than a re-fi on a non-streamlined mortgage. I am obviously not a pro at this, and you seem to be, so of course my answer will be a little less detailed than yours, I am just answering according to my understanding. Forgive me if it’s not like yours.
Add your own answer in the comments!
An FHA streamline refi is FHA to FHA. No appraisal, you will not need to give income, a credit report does not need to be done, you will just need to be able to show no lates on your mortgage. Your loan officer can get your payment history from your current mortgage holder. You also must not be going up more than $ 50 in payment to not have to income qualify. You can incorporate allowable closing costs & prepaids into your mortgage.
You can do a non streamline FHA. This would be because you want cash out or are taking a borrower off the loan. You would have to income qualify, ratios would have to be in line, credit report would be pulled, & you would have to have an appraisal.
Non streamline could be conventional to FHA. Same rules as immediately above would apply.
Mr Muffet- loved your sarcasm comment. What’s up with that “answer” to the question? BTW streamline does have closing costs associated with it (no appraisal, but still costs) & a new escrow account has to be set up. The escrow account balance is not subtracted from the payoff. It is returned to the borrower in 30-45 days.
Another edit- Mr Muffet – I wasn’t saying you were wrong, just wanted to make sure asker knew there would be costs associated with it even if it is all rolled into the loan amount.