Loan Officer Gustan Cho
Loan OfficerForum Replies Created
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It is a meme from Facebook.
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I have a lot of work to do on my home. But my first mortgage is 3% and I don’t want to touch the $331,000 first mortgage. I would get a second mortgage to do the renovation.
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I think you can get an exception on FHA but do you think you can get an exception on VA loan if the wife is not a veteran?
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Cameron
What is the maximum multifamily apartment units you guys do? How much does payment, credit score, rates? Etc
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Cameron what is the maximum debt to income ratio for second mortgage loans
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Ronda, please connect with Ronda Butts who is a dually licensed realtor and loan officer at GCA. I think you two will make a great fit. Ronda’s Email address is ronda@gustancho.com
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Mortgage Solution Financial are very forgiving for veterans who have extenuating circumstances. Contact the rep at Mortgage Solution Financial.
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Great information Cameron. Always appreciate your feedback and advice on the forum.
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That is correct. It is called a no-ratio DSCR loan. Rates are higher and loan-to-value is 75% LTV.
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