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Loan Scenario: GA, $229,900, 740, 100% LTV, Purchase

[Scenario] First time use of VA entitlement. Need someone who can write this in GA

Posted to Loan Scenarios (Forum) by C Rivera on Tue, Jul 27 2010

Re: Anyone experienced with military & short sale/foreclsures?

You already know that you are in a very difficult situation and a credit issue will not only impact your husband’s security clearance but his opportunity for advancement in the military. This information out that is put out by VA http://www.homeloans.va.gov/docs/delinquent_veteran_borrowers_in_delinquency...

Posted to Foreclosures, Short Sales, etc. (Forum) by Bryan Bledsoe on Sun, Jun 6 2010

Re: Shortsale Question

Daniel, Congratulations on getting your offer approved. What I am seeing on short sales where VA financing is the buyers choice of financing is that the asset manager handling the sale for the lender (seller), are not aware that the rules have changed and the only additional cost on a VA vs. FHA is the...

Posted to Foreclosures, Short Sales, etc. (Forum) by Lea Shaw on Thu, Mar 25 2010

Loan Scenario: TX, $479,250, 635, 96% LTV, Purchase

[Scenario] VA Jumto, had BK discharged 8/2007, exellent credit since.

Posted to Loan Scenarios (Forum) by Lea Shaw on Thu, Nov 5 2009

Loan Scenario: WA, $150,000, Refinance (Rate and Term)

[Scenario] Looking for a quality lender to process FHA / VA manufactured homes with. Any suggestions?

Posted to Loan Scenarios (Forum) by Glen Campbell on Thu, Oct 29 2009

Loan Scenario: MI, $19,000, 548, 63% LTV, Purchase

[Scenario] I was hit with medical bills and want to buy a home. I found out I was in default when I went to buy this home. Since then I paid off all my late bills. My creadit score does not reflect my reliability or ability to pay my debts. I would be willing to pay a higher intrest rate and can come...

Posted to Loan Scenarios (Forum) by Tim Ellison on Thu, Jul 9 2009

VA Appraiser says "NO DEAL" to my borrower with 60 acres

I was looking for a 90% cashout refi, and since the customer was a disabled VET, the VA program made the most sense. He lives on a 60 acre parcel, in an area of larger parcels (min zoning is 80 acres, but he is grandfathered use) The appraiser called after I got the order and said, could only do hypothetical...

Posted to Loan Scenarios (Forum) by Curt Sandfort on Wed, Dec 17 2008

Re: VA 100% Cashout Lenders?

Cash-out Refi The maximum cash-out refinancing loan is limited to 90% of the property value shown on the NOV. However, loans to refinance construction loans, installment land sale contracts, and loans which were assumed by veterans and bear interest at a higher rate than the proposed VA-refinancing loan...

Posted to Loan Scenarios (Forum) by Daniel Helvey on Thu, Nov 27 2008

Significant Others Need To Think About Their Legal Status When Buying A Home

A young relative called over the long weekend. He had just made an offer on a house and wanted advice about inspections and other details. We had been in e-mail touch for several weeks as he worked through his mortgage pre-approval, structured the offer and generally obsessed over a very important decision...

Posted to MND NewsWire (Weblog) by Glenn Setzer on Tue, Dec 5 2006

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