Conventional Loans Archives - Page 2 of 3

203K Alternative 203K Renovation Loan Conventional Loans Conventional Rehab Loan Fannie Mae rehab loan FHA Mortgage Rehab Financing Short Sales

Buying a Short Sale Home using an FHA 203K Streamline or Homestyle Renovation Loan

Buying a Short Sale Home using an FHA 203K Streamline or Homestyle Renovation Loan In today’s market there are many homes for sale that are listed as a “short…

Perry FarellaAugust 5, 2014

203K Alternative 203K Renovation Loan 5% down payment Conventional Loans Conventional Rehab Loan Fannie Mae rehab loan Investor Rental Rehab Loan Other renovation loan Refinance renovation loan Rehab Financing Rental property renovation loan

The Other Renovation Loan : Homestyle

The question is asked, what other loans are there for repairs to a home or renovation besides an FHA 203K or as an alternative to FHA 203K ? Is there…

Perry FarellaJuly 1, 2014

5% down payment Conventional Loans FHA Mortgage mortgage documents

What Documents Are Needed to Apply for a Mortgage ?

I’m often asked what information and documents are needed to apply for and approve any type of mortgage loan. While that can vary depending upon if an applicant is self-employed,…

Perry FarellaJune 1, 2014

5% down payment condo purchase Conventional Loans PMI private mortgage insurance seller concession seller paid closing cost Short Sales single premium PMI

How to pay Private Mortgage Insurance PMI entirely off when buying a home

How to pay Private Mortgage Insurance PMI entirely at closing when buying a new home The answer is Yes you can pay off all PMI once at closing day with…

Perry FarellaMay 4, 2014

Conventional Loans FHA Mortgage Short Sales

How to Pay a Short Sale Negotiator Fee at Closing

Paying the short sale negotiator at closing on a short sale can be done via a Seller credit. The Seller provides a credit to the Buyer on the contract. There…

Perry FarellaMay 10, 2011

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In accordance with Section 326 of the USA PATRIOT Act of 2001, First Community Mortgage NMLS: 629700 is required to obtain a copy of the documents used in identifying our new account customers. This notice is being provided to you for adequate notice given under this act.

Loan approval and terms are dependent upon borrower’s credit, documented ability to repay, acceptability of collateral property, and underwriting criteria.

Perry Farella. NMLS#755943. 1200 N Ashland Ave 5th Floor, Chicago, IL 60622 Specializing in Renovation Loans.

Conventional Loans

Buying a Short Sale Home using an FHA 203K Streamline or Homestyle Renovation Loan

The Other Renovation Loan : Homestyle

What Documents Are Needed to Apply for a Mortgage ?

How to pay Private Mortgage Insurance PMI entirely off when buying a home

How to Pay a Short Sale Negotiator Fee at Closing

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