Tag Archives: Conventional Loan

We are buying an investment property. With little to put down, what is the best way to finance the property?

Michael K asked: We have a large amount of equity in our current house. We have no bills other than the mortgage on our current house. Is a home equity loan to get to the 20% down payment and then … Continue reading

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Does anyone understand this home loan?

kiwi asked: I have no clue but friend wants to know first loan is fixed equity loan at 9.850 (104000) second loan is conventional is conventional at 9.3 (26,00) Is this typical? Are the loans both fixed? Should he be … Continue reading

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Should I raise the equity limit on my second mortgage loan or just refinance?

I M asked: I want to purchase a home in San Diego, but I have limited income. My current first loan (70,000) is a VA loan, and I have a second ($3000). I only have $5000 on hand for a … Continue reading

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