Comments on: New Features on 203K Mortgage Lender website! http://www.203kmortgagelender.com/blog/new-features-on-203k-mortgage-lender-website/ Information, Questions & Answers about the FHA 203K Fri, 03 Sep 2010 05:40:15 +0000 hourly 1 http://wordpress.org/?v=3.0 By: Marvin Hernandez http://www.203kmortgagelender.com/blog/new-features-on-203k-mortgage-lender-website/comment-page-1/#comment-313 Marvin Hernandez Thu, 04 Feb 2010 16:34:06 +0000 http://www.203kmortgagelender.com/blog/?p=232#comment-313 <strong>Sanya asked:</strong> Hi I’m interested in 203k but I have bankruptcy in 2008 and not sure if I can get a loan. Do you know of a lender who deal with this if I can provide down payment. Thank You <strong>Marvin's Answer:</strong> Hi Sanya, Bankruptcies are acceptable on FHA loans after 2yrs from discharge with either re-established or good payment history since then. Wait to complete your two years then see what your credit scores are...minimum needed 620 and above. There are loans with minimum 30% to 40% down payment with much higher rates as an alternative but I wouldn't recommend them unless that is your only choice and you can't wait. Good luck. Marvin Hernandez Sanya asked:

Hi
I’m interested in 203k but I have bankruptcy in 2008 and not sure if I can get a loan. Do you know of a lender who deal with this if I can provide down payment.
Thank You

Marvin’s Answer:

Hi Sanya,

Bankruptcies are acceptable on FHA loans after 2yrs from discharge with
either re-established or good payment history since then. Wait to complete
your two years then see what your credit scores are…minimum needed 620 and
above.

There are loans with minimum 30% to 40% down payment with much higher rates
as an alternative but I wouldn’t recommend them unless that is your only
choice and you can’t wait.

Good luck.

Marvin Hernandez

]]> By: sanya http://www.203kmortgagelender.com/blog/new-features-on-203k-mortgage-lender-website/comment-page-1/#comment-312 sanya Sat, 30 Jan 2010 00:40:58 +0000 http://www.203kmortgagelender.com/blog/?p=232#comment-312 Hi I'm interested in 203k but I have bankruptcy in 2008 and not sure if I can get a loan.Do you know of a lender who deal with this if I can provide down payment. Thank You Hi
I’m interested in 203k but I have bankruptcy in 2008 and not sure if I can get a loan.Do you know of a lender who deal with this if I can provide down payment.
Thank You

]]> By: Marvin Hernandez http://www.203kmortgagelender.com/blog/new-features-on-203k-mortgage-lender-website/comment-page-1/#comment-310 Marvin Hernandez Fri, 22 Jan 2010 08:14:38 +0000 http://www.203kmortgagelender.com/blog/?p=232#comment-310 Hi Jacques, Unfortunately I do not have a list because I or any source I know of do 203K loans for Non-Profits. Sorry and Good luck to you Marvin Hi Jacques,
Unfortunately I do not have a list because I or any source I know of do 203K loans for Non-Profits.
Sorry and Good luck to you

Marvin

]]> By: Jacques http://www.203kmortgagelender.com/blog/new-features-on-203k-mortgage-lender-website/comment-page-1/#comment-309 Jacques Fri, 22 Jan 2010 04:46:11 +0000 http://www.203kmortgagelender.com/blog/?p=232#comment-309 Do you work with non profits ? Do you work with non profits ?

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