va loan hawaii honolulu military eligibility house home veteran finance disability streamline retired active relocation: GOT BAH? VA Miliani Kapolei Ewa Beach Makakilo Hawaii
- 07/08/09 09:22 AM
It occurred to me that "lending slang" can be a little confusing to say the least. Conventional lending is hard enough add VA lingo and you have lending terminology on steroids. Lets take some basics and then focus on the main point which Is BAH ( Basic Housing Allowance) LTV- Loan to Value ratio. This is determined by what is owed on a home compared to what the home is actually worth. DTI- Debt to income ratio. There are two ratios here that and a formula that is used to calculate a buyers affordability. The front end ratio of the DTI is determined … (1 comments)
va loan hawaii honolulu military eligibility house home veteran finance disability streamline retired active relocation: Short Sales VA Kapolei Hawaii
- 07/05/09 02:24 PM
Hello Real Estate Community, Being on the lending side of the industry I try not to get involved in the Real Estate side. There are questions I do have and hopefully someone can educate me specifically about short sales. Recently a close friend of mine and ex husband went through the short sale process. When the Realtor came to list the house he told my friend that she better get all of their belongings out immediately or the Sheriff would come and take their possession's. Fearing the worst she found a rental, packed and moved all the furniture. When the ex husband … (0 comments)
va loan hawaii honolulu military eligibility house home veteran finance disability streamline retired active relocation: 4th of July. Thank you is not enough. VA kapolei Hawaii
- 07/04/09 04:44 AM
Happy 4th of July. Two days ago I met with a new client that had done a tour in Afghanistan. His specific job was to make sure that his platoon wasn't in harms way of any exploding device. As he checked the safety of the next mission he discovered that there was only one bridge in the surrounding radius. The plan was to cross over. He realized the enemy knew very well the lay out and he calculated that it was to dangerous to cross. After radioing to his CO to abort mission he was met with resistance. His plea became louder and he begged … (0 comments)
va loan hawaii honolulu military eligibility house home veteran finance disability streamline retired active relocation: VA Non allowables makakilo hawaii
- 06/29/09 04:18 PM
Aloha, There seems to be a little mis-understanding about what VA non allowable's are and who has to contribute to them. A non allowable are certain costs that are associated with the loan and third paj. Anyone can pay for these fees accept for the VA Buyer. The fees in average run around $1500-$2000. Here is a breakdown. 1. Underwritng Fee $795-$895. This is a fee imposed by the Lender to pay their underwriters for their tedious efforts of determinng A borrowers credit worthiness. 2. Some Brokerages will charge an application fee or an administration fee. These will total around $500. 3. Processing … (0 comments)
It occurred to me that "lending slang" can be a little confusing to say the least. Conventional lending is hard enough add VA lingo and you have lending terminology on steroids. Lets take some basics and then focus on the main point which Is BAH ( Basic Housing Allowance);)
;)
;)
