http://www.loansafe.org/forum/ en Fri, 24 May 2013 13:35:58 GMT vBulletin 60 http://www.loansafe.org/forum/images/misc/rss.png http://www.loansafe.org/forum/ http://www.loansafe.org/forum/mortgage-brokers/85044-help-400kco-op-no-mrgtg-having-trouble-getting-lenders.html Fri, 17 May 2013 01:24:13 GMT Im having trouble finding lenders for my studio co-op in the west village of manhattan. Because its not my primary residence its considered an... Im having trouble finding lenders for my studio co-op in the west village of manhattan. Because its not my primary residence its considered an investment property. Im told that most banks wont do anything on unoccupied co-ops because Freddie and Fannie won't buy them on the secondary market. I was informed that only portfolio banks will do it, so i searched out a couple, but it didn't work out. so i sought out a mortgage specialist. i was going to rent it out for ~2K (which is cool with the board) in order to pay back the loan but the mortgage specialist that i am dealing with said the banks DGAF. i will do anything to keep this property but I'm financial hell. would it be possible to get a personal loan with the property as collateral? I don't know what to do and the clock is ticking.

pre thanks to any responses!

-mackey ]]> Mortgage Brokers Vic Mackey http://www.loansafe.org/forum/mortgage-brokers/85044-help-400kco-op-no-mrgtg-having-trouble-getting-lenders.html http://www.loansafe.org/forum/mortgage-brokers/84957-one-year-post-short-sale-no-missed-payments-cant-seem-qualify-fha.html Tue, 14 May 2013 01:43:45 GMT I went through a short sale a year ago. My credit is good (about 700) and no missed payments prior to short sale. I was under the impression that I... I went through a short sale a year ago. My credit is good (about 700) and no missed payments prior to short sale.
I was under the impression that I could get an FHA loan but I was told by 2 lenders that it's not possible. I have to wait 3 years for an FHA and 2 years for a conventional loan (20% downpmt).

Does anyone know if it's possible to get an FHA loan one year post short sale ? I am in California.
Thanks for any advice. ]]> Mortgage Brokers Martinique http://www.loansafe.org/forum/mortgage-brokers/84957-one-year-post-short-sale-no-missed-payments-cant-seem-qualify-fha.html http://www.loansafe.org/forum/mortgage-brokers/84724-stated-loan-modular-home-hoa-park.html Sun, 05 May 2013 02:16:50 GMT I have found a real good deal on a modular home that is ten years old with a double car garage. They want 48,000 for it and I believe if I can get... I have found a real good deal on a modular home that is ten years old with a double car garage. They want 48,000 for it and I believe if I can get qualified I can get it for 40 thousand. It is a small home but large enough for me. After losing my house in 2011 and losing a suit of quiet title, I am looking to find something to retire too. I am self employed and am looking to get a stated income loan. I have cleaned up my credit and only have a discharged chapter 7 that is two years old. Do I have a chance to get a loan on it? I have an independent foreclsoure review check I can put down on it. My score is 693. I have a truck payment that I got on a stated loan and I have no other credit card bills or loans. I am self employed and have been for 21 yrs. Currently I rent a house for $925 a month. I have never been late. Any mortgage people here can give me a good answer? Maybe Erik Sandstrom? ]]> Mortgage Brokers Jeffrey L. Shurtliff http://www.loansafe.org/forum/mortgage-brokers/84724-stated-loan-modular-home-hoa-park.html