Q&A
Asked by Joyce
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi Joyce: First, it's very nice to be able to answer a question for someone right here in my backyard (DC)! Real estate investing can be both very challenging and v...
Q&A
Asked by an anonymous user
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hello: You're reported loan to value on $750k to $5 million should certainly fit well within lending guidelines. The interest rate however, like all proposed trans...
Q&A
Asked by Lauren
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hi Lauren: In fact, yes it is possible though I am sure you realize that the financing may not be under the best terms. Your financing may require a larger down pay...
Q&A
Asked by an anonymous user
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
This is a situation that you would benefit from by speaking with a qualified attorney. I can however shed some light and possibly help with a direction on this. A chap...
Q&A
Asked by an anonymous user
Answered by Adam Witzburg
Mortgage Professional in Denver, CO
If you filed a Chapter 7 Bankruptcy, typically you will have to wait 2 years after the discharge date to be eligible for a new mortgage through FHA financing. There ar...
Q&A
Asked by an anonymous user
Answered by Carlos Contreras
ChFC® in Aventura, FL
The first thing you need to know is if Massachusetts is a jurisdiction state. If so, I would contact a certified foreclosure attorney there. In Florida, we have 12 mo...
Q&A
Asked by an anonymous user
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Generally speaking, 4 years. If there were extenuating circumstances, then possibly only 2 years.
Q&A
Asked by Mike
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hello Mike: My recommendation would be to start with a lender referral from someone that you know. Perhaps a family member or a friend that has worked with a partic...
Q&A
Asked by an anonymous user
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hello: The short answer is "yes". However the longer answer to this question involves whether not you have enough equity in your home, whether or not you can qualif...
Q&A
Asked by an anonymous user
Answered by Chad Freeman PRO+
Branch Manager in Bethesda, MD
Hello: It could be that there are some institutions that may have their own internal overlays that say otherwise, but generally speaking, the answer is "yes". In mo...
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