January 2, 2014 Addition Loan Process (0) We want to do an addition to our home we have had for two years. The addition will cost slightly less than $200K. We found out from the mortgage company that we cannot use much of the equity in our addition, and we only have about $45K in equity in our current home. So, we would need a non-mortgage type loan or a construction loan??? […]
June 7, 2012 Looking for a rehab loan (0) I have already qualified for a VA loan of up to $270,000.... I am interested in a home that is a short sale and am worried that it will not pass the VA inspection. I am offering $180,000.... the bank may counter... but I don\'t think so. It would be great to get a rehab loan instead... but I do not know how that would work... I would […]
March 2, 2013 HELP!!!! (1) I have a condo to sell in Bowie MD. The buyer has very, good credit, &150,00 dollars in the bank. and the Bank will not quarantee the loan because other residents in the property have been delinquent in there HOA fees. This condo is paid for and need to use the money to purchase another home...How is that fair that no-one can sell […]
October 12, 2011 construction to perm loan (2) I am looking for a construct to perm loan to build a log home in Carol County MD. I need a loan of about 250-270 K Am able to put down 10% This includes cost of land. Have excellent credit rating. Can you help?