Borrowing against an asset can be a great way to gather the money needed for down payment and closing costs, provided the loan is against certain assets. Contact me first for all of the details.

FHA-Loans against Personal Property:  Does FHA still allow loans against personal property, like a car, in order to obtain funds for down payment or closing? Answer: We all used to get away with doing this years ago, but FHA made it clear in September of 2014 and in the new 4000.1 Handbook that loans against […]

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