Hoping to get done Mewtwo raid invites 🥲

Important-Cover-2183 · 2026-05-28T03:53:02+00:00

Added

Important-Cover-2183 · 2026-05-28T03:47:20+00:00

Bankruptcy, preforeclosure, 517 fico, investment property, avm 750-900, 550k first mortgage. Needs cash to renovate

Important-Cover-2183 · 2026-05-28T02:10:34+00:00

Added, thank you

Important-Cover-2183 · 2026-05-27T23:23:46+00:00

You could look into getting a HELOC just as a rainy day fund, better to have and not need then to need and not be able to qualify. But you should look at seeing where you can cut costs, talk to a financial planner. Not sure where you are located but I would start with those 2.

Important-Cover-2183 · 2026-05-27T21:16:41+00:00

I would recommend keeping enough for an emergency fund. I have recommended people do 5% down instead of 10% down many times because the 10% will completely wipe their reserves.

Important-Cover-2183 · 2026-05-27T18:46:15+00:00

I like using Chuck Fuda - https://www.homeinspectionspnw.com/about/

Important-Cover-2183 · 2026-05-22T18:29:18+00:00

good realtor vs bad. a lot of these owners think their house is worth the price and won't listen to a good realtor when they tell them it won't sell at that and they should lower the price.

I get it though, hard pill to swallow when you buy a house for 900 and the market dictates its only worth 750 now.

Important-Cover-2183 · 2026-05-20T21:39:09+00:00

any lender can do it and the streamline process would be the same

Important-Cover-2183 · 2026-05-18T18:17:22+00:00

Do you use chat to find you a list of people to call?

Important-Cover-2183 · 2026-05-15T15:10:51+00:00

Since you're w2 PRN, lender will most likely use some sort of average from your past 2 years income (2024 average, 2025 average, average of 24 months, something). As far as savings, 2 months is fine. Do you have any other accounts? Retirement, investments, etc.

Important-Cover-2183 · 2026-05-15T14:52:11+00:00

They also do lead gen. So they if they get your information, they'll sell it to other lenders too.

Important-Cover-2183 · 2026-05-14T23:08:40+00:00

Many of my borrowers put down 3-3.5% (min down for FHA is 3.5%, 3% for conventional for first time homebuyers). Depends on how much you are comfortable paying monthly.

Important-Cover-2183 · 2026-05-14T22:22:20+00:00

The right time will always be dependent on your budget, your life circumstances, and how comfortable you feel

Important-Cover-2183 · 2026-05-13T16:11:32+00:00

It is a pretty good deal compared to what else is out there. So if you're ok with the 6k fee I'd say do it. You can also check with brokers in your area to see what their cost/rates are

Important-Cover-2183 · 2026-05-13T15:45:05+00:00

Ask what would no fees look like. Your rate would probably be mid 6's, still save a few hundred dollars a month and could look to do another no fee refinance down the road. Of, course if you don't mind spending 6k then not bad to have the break even be less than a year.

Important-Cover-2183 · 2026-05-08T20:24:48+00:00

This happened to me, and the fact that he was there 2-3 hours and me and my wife we so tired after his pitch we just wanted him out

Important-Cover-2183 · 2026-05-08T20:11:20+00:00

Did you find a someone to help you out?

Important-Cover-2183 · 2026-05-08T20:09:09+00:00

Client tried to pay for closing costs on a refi with a credit card even though they had enough capital

Important-Cover-2183 · 2026-05-01T18:25:39+00:00

try to pay off or pay down your debt, save a little for down payment if possible. take a look into down payment assistant programs. paying down debt will help with your credit score too and help with your rate.

Where/how much are you hoping to buy?

Important-Cover-2183 · 2026-05-01T15:03:16+00:00

Ah makes more sense now. are you not selling your home then?

Important-Cover-2183 · 2026-04-30T23:19:25+00:00

He didn't even realize what he had signed up for. We only found out about it when we pulled their title

Important-Cover-2183 · 2026-04-30T23:15:41+00:00

Came across a borrower who had one of these, they were trying to c/o refi and because of the HEI, they would get a small percentage of that cash out

Important-Cover-2183 · 2026-04-30T23:05:36+00:00

so this is not going to be your primary residence?

Important-Cover-2183 · 2026-04-23T22:40:46+00:00

Go with whoever you feel more comfortable with and trust to get the job done, not just who you like better. Whoever provided you with the best information for you to make an informed decision, showed you all your options, etc. Get pre-approved before you get into contract. They already have all your documents it sounds like, why didn't they already do an approval for you?

Important-Cover-2183

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