Conventional Loan after Foreclosure

ovmfinancial ovmfinancial | 1 year ago

The post Can I Get a Conventional Loan with a Foreclosure? appeared first on OVM Financial.

ovmfinancial ovmfinancial | 1 year ago

Planning to purchase a home? You may wonder “Can you get down payment assistance with a conventional loan?” You can. In fact, you can apply for down payment assistance (DPA) through many different programs. Though each option varies by location, some can offer minimal assistance, while others provide much more. For instance, in Seattle, you can receive an interest-free loan of up to $55,000. If you’re a New York City resident, you could qualify for $100,000 if you live in your home for...

ovmfinancial ovmfinancial | 2 years ago

The post Can I Rent My House with a Conventional Loan? appeared first on OVM Financial.

Can I Get A Second VA Loan? | How To Use Your Entitlement

militaryvaloan militaryvaloan | 1 year ago

Many homeowners who have used a VA loan before wonder if they can use the program again. After all, with its many benefits, the VA loan is often the best mortgage option available. There are many myths and rumors surrounding VA loans, some of which deal with your eligibility for the program after you’ve already had a VA loan. Here are some of the questions regarding VA loan eligibility after already using the loan program. Can I use the VA loan more than once? Yes, you can use a VA loan more t...

My Condo Has No Gas. Can I Get a Discount?

The New York Times The New York Times | 1 year ago

Q: I own an apartment in a large Midtown condo. Because of a gas leak, Con Edison shut off gas to the building, so residents can no longer use their gas ranges or gas dryers. The condo association is working to locate and correct the problem, which could take up to a year. The board supplied each unit with a hot plate and has given us discounts on wash and dry through the building valet. I pay $3,500 a month in common charges for two bedrooms and a hot plate. Is this not a reduction in service? ...

mashvisor mashvisor | 1 year ago

If you’ve been asking yourself the same question, “how much rent can I get for my house?” stop right there—we’ll show you how to calculate it. Table of Contents 5 Things to Consider Before Renting Out Your House How Much Rent Can I Get for My House: 3 Ways to Calculate How to Find Tenants or Guests? Preparing Your House for Rent: 3 Tips The decision to devote yourself to real estate investing requires commitment and keen attention to detail. The same applies to those who wish to take...

ASK MIKE MONDAYS - Can I get a LOAN PRE-APPROVAL on an apartment transaction?

oldcapitalpodcast oldcapitalpodcast | 6 years ago

Michael discusses what lenders are looking for when applying for financing on an apartment transaction. With apartment lending- the quality, condition and location of the asset are the most important factors in underwriting. A PRE-APPROVAL is not going to be available because 2/3rds of an apartment lending decision is based on subject property. The lender needs to have a complete picture on a number of critical underwriting variables. Examples: Where is property located and age? What are histo...

Foreclosure Defense Foreclosure Defense | 10 months ago

Mortgage loans generally are made for a period of 15 or 30 years. When homeowners take out the loan, they usually have good jobs, are healthy and have no problems making the payments. But during the term of the mortgage, sometimes homeowners run into financial difficulties. Their financial situations change. They experience all types of anxiety regarding losing their home. THE FINANCIAL INSTITUTIONS ATTORNEY Financial institutions have in house lawyers. They have outside counsel who bring lawsui...

ovmfinancial ovmfinancial | 2 years ago

The post Can You Flip a House with a Conventional Loan appeared first on OVM Financial.

ASK MIKE MONDAYS - Can I get a loan on an apartment building; if I am not a US CITIZEN and live over...

oldcapitalpodcast oldcapitalpodcast | 7 years ago

It can be done. Mike explains the additional complexity and underwriting rules for foreign nationals to finance apartments in the US.

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Can I Get a Conventional Loan with a Foreclosure?

Can I Get a Conventional Loan with a Foreclosure?