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All Locations : Nationwide Real Estate Advice

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Earlier today
Mark Howe answered:
Hi Megan,

I also agree that the refinance is in your best interest. The rate drop is substantial enough that it will outweigh the closing costs within a couple of years. On your current balance, a 1% drop in the interest rate will save you around $1,800 in interest in even just the first year. Over 5-10 years you are looking at savings of over $10,000.

Regarding the rate you were offered, I would encourage you to shop around a bit. Feel free to contact me if you want a quote for comparison, our rates are excellent at Bank of America.

Mark Howe
Senior Loan Officer
Bank of America
NMLS # 870634
Phone: 360-643-1471
Email: markhowe@bankofamerica.com
... more
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Earlier today
Mark Howe answered:
Hello Michelle,

Bank of America offers an excellent Doctor Loan program, which is a Jumbo loan at 5% down with No PMI. The only requirement is that you be an MD or Dentist and have good credit. Our rates on this program are extremely competitive.

The benefits of our Doctor Loan program are as follows:

-5% down on loan amounts up to $1 million
-10% down on loan amounts up to $1.5 million
-Student loans in deferral don't count against your qualification
-Start your new job 60 days after closing (for salaried applicants)

Any clients looking to get more information on our Doctor Loan program please feel free to reach out to me directly. My email address is markhowe@bankofamerica.com.

Mark Howe
Senior Loan Officer
Bank of America
NMLS # 870634
Phone: 360-643-1471
Email: markhowe@bankofamerica.com
... more
0 votes 2 answers Share Flag
Earlier today
Mark Howe answered:
Hello,

Bank of America offers an excellent Doctor Loan program, which is a Jumbo loan at 5% down with No PMI. The only requirement is that you be an MD or Dentist and have good credit. Our rates on this program are extremely competitive.

The benefits of our Doctor Loan program are as follows:

-5% down on loan amounts up to $1 million
-10% down on loan amounts up to $1.5 million
-Student loans in deferral don't count against your qualification
-Start your new job 60 days after closing (for salaried applicants)

Any clients looking to get more information on our Doctor Loan program please feel free to reach out to me directly. My email is markhowe@bankofamerica.com.

Mark Howe
Senior Loan Officer
Bank of America
NMLS # 870634
Phone: 360-643-1471
Email: markhowe@bankofamerica.com
... more
0 votes 39 answers Share Flag
Earlier today
Info.jaafarlending asked:
My credit score was low but I still got the finance.
0 votes 0 Answers Share Flag
Yesterday at 11:34pm
Datnaz69 answered:
Richmond Annex (Basically El Cerrito) and Richmond View (off Arlington Blvd.) are the safest and best places to live in Richmond.
0 votes 8 answers Share Flag
Yesterday at 11:05pm
Paul2801uw answered:
No there is a waiting list for rentals and is limited to maximum of 20% but maintained at about 18% with hardship cases being permitted to rent for one year and others off the waiting list permitted to rent for 3 years. It is a residential community and not an investment community and there are also additional and progresive monthly fees for those who rent their units. ... more
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Yesterday at 10:36pm
My727phone asked:
My adult daughter(age 35) just moved in with me into a my 55 park. (so far, they do not know she is there) I've heard they will throw us out for that. Is there any Florida or federal…
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Yesterday at 9:16pm
Brtanner541 answered:
0 votes 9 answers Share Flag
Yesterday at 9:12pm
Ivelisse.mercado.im asked:
Yesterday at 8:37pm
Alan May answered:
If the seller has given them that direction, then certainly they can.

But the agent is doing their due diligence by requiring you to supply proof of funds. They could, however, easily "present" the offer, but not have their client counter or sign an agreement without proof of funds. ... more
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Yesterday at 8:30pm
Sidney answered:
It's always a good idea to try and move your credit score up so you can get the optimal rate for the loan you're interested in. I suggest paying off the debt if you can before pursuing any other lenders. Try to set up payment plans and work with the collection and credit agencies to get those hits taken off your record.

Visit http://www.kepler.properties for more helpful advice.
... more
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Yesterday at 8:25pm
Carolyn M Caiharr asked:
Yesterday at 8:20pm
Sidney answered:
Although landlords are not required to do so, they are exercising CYA. The requirement is to make sure that all persons who are 18 and older, have decent credit, rental and background information. This gives landlords the assurance that anyone who is of age carries liability for damages. Also, it ensures that landlords are aware of anyone who could have a heinous rental record - which could lead to a serious liability. Essentially, the landlord is trying to attract a high-quality tenant and discourage anyone from hiding something.

Visit http://www.kepler.properties for more helpful advice.
... more
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Yesterday at 8:13pm
Paul Muscari asked:
Yesterday at 8:11pm
Alana Williams asked:
I just need a place I can afford, the fair market rents are higher than my income and I'm already on poverty level. Please give me any advice.
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Yesterday at 7:56pm
Sidney answered:
It is whatever percent is determined after taking into consideration the loan product you're planning on using and your personal credit history. Most lenders require a downpayment of at least 3%, typically ranging anywhere from 5%-20%+.

Visit http://www.kepler.properties for more helpful advice.
... more
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