Questions concerning financing of commercial properties.
Fannie, Freddie, FHA, and conduit versed lender for over a decade.
St. Joseph's University, American University, and numerous corporate funded classes and seminars concerning HUD 220, 232 and 221d4 and Fannie, Freddie, and conduit lending.
|Peter||02/06/12||10||10||10||Thanks, Terrence, this is very helpful!|
|Peter||01/08/12||10||10||10||Thanks, I appreciate the helpful information!|
|Margaret Ann Hayes||08/14/11||10||10||10||Thank you.|
|John||12/15/10||10||10||10||Thanks, but nominating for volunteer of the .....|
Mahreen, First thing would be to find experts who are familiar with the land and the process. Every area has different laws and different rules. Spend time with people who are from Pakistan and find
I just received this query. Let me know what the status is please. I would hope your residential loan broker would tell you that you should hire a title lawyer to handle all the loan docs
The only issue I have is that the land loan is at 75%LTV and that number is based on an appraisal that I haven't seen and the Bank didn't authorize. If you have it appraised, then it is not arms length
In actuality the idea of not having all your eggs in one basket is a solid concept with banks going from flush to freeze without notice. I am worried that you are not getting all your write offs--check
A bad mortgage is one whose either the underwriting was flawed due to an improper appraisal, the credit ratios are incorrect, and/or a combination of factors have resulted in a non-performing mortgage
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