Bookmarks

Posts Tagged ‘Fha Loan’

 

Getting FHA loan for 4unit. I’ll need to occupy 1unit. What happens to that mortgage once I buy a home?

Wednesday, May 27th, 2009
Liz C asked:


I will be purchasing a 4 unit building using residential financing so I’ll need to occupy one of the units in order to qualify for this type of loan. I would like to purchase a single home in the next year and wanted to know how that would affect my loan of the 4 unit since I will have to move out of there.

Roger

 

Is short refinance working?

Tuesday, February 24th, 2009
BM asked:


I’m planning to do a short refinance (get FHA loan and let lawyer to negotiate price reduction with a bank). Are banks doing price reductions? There are some companies doing this (ShortRefiMe), had anybody have experience with them?

Caffeinated Content
Search