Tag Archive for: financing

Covering Appraisal Shortfalls

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Whenever the market heats up like this, particularly in the springtime, appraisals invariably come in low. This is simply because there are often no closed comparable sales (comps) that even […]Read More

Bridge Loans; Buying Before Selling – Best Financing Option

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BUYING BEFORE SELLING Sellers often want to buy a new home before selling their current residence for a variety of reasons. They might want more time to move, more time […]Read More

When Character Doesn’t Count – Lending in 2017

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There may be murderers and bank robbers with 800 credit scores who are eligible for the best mortgage financing available. This is b/c financing is available for anyone who can […]Read More

Loans Greater Than $417,000 Require 10% Down or FHA with 3.5% Down

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Financing for loans less than $417,000 can be obtained with as little as 3% down (or even less with Homebuyer’s Assistance Programs). For loan amounts over $417,000 and up to […]Read More

When VA /FHA Clearly Stronger Than Conventional? Large Down

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We often have buyers willing to take VA or FHA financing even though they have substantial funds for down payments. The reason is that they are often bidding on properties […]Read More

Bridge Loans – What, When and Why?

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Our Opes Advisors branch offers “Bridge Loans.” Bridge loans are temporary financing against a property that a borrower will likely sell. In other words, if a buyer wants to buy […]Read More