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A NEW HOME…
PORTFOLIO LOANS
FOR SUB PRIME, STATED INCOME, CONDO HOTELS, CO-OP’S, NON-WARRANTABLE CONDOS AND FOREIGN NATIONALS
FHA mortgage should I use Fannie Mae or Freddie Mac.
People do not realize that 95% of all lenders use Fannie Mae to get loans approved. The reason for this is because it is more difficult for a lender to get approved to do Freddie Mac loans. If a customer gets turned down for an FHA loan there is a very good chance the lender was trying to go to […]
What is the fastest way to rebuild your credit or increase your credit score.
The fastest way to rebuild your credit score or increase it after a BK, foreclosure, deed in lieu of or a short sale is to get a credit card most likely it will have to be a secured credit card.If you happen to be a person without any credit this will work also. A credit card is considered revolving debt […]
1 day out of a foreclosure and you could buy a home!
Yes it is true you can buy a home 1 day after your foreclosure. Your home has to have been already foreclosed, it cannot be in the process of being foreclosed. If you have a 660 credit score and 20% down you can buy a new home. You can get either a 5/1 or a 7/1 ARM. Rates start at […]
