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Chad Bowers's Answers


Can i finance finishing my basement? It will cost about $15,000
Yes, you can do a 203k FHA loan and include the renovations in your loan. A streamline 203k allows up to $35,000 to be included and is a very simple process. If you have any other questions, please feel free to email me at cbowers@meridianmortgage.com
Is it normal for a loan officer to ask me for a cosigner because I'm single??
Hi Lana,Sounds like you should be fine by yourself and shouldn't need a co-signer. Sounds like you might be dealing with someone that is not very experienced. What is the actual sale price? I would be more than happy to take a look at your scenario at no-obligation. You can email me at...
What's the minimum income needed for fha?
You do not have to put 20% down to have no PMI. We can buyout the PMI with a minimum of 5% down and a 680 fico. Email me at cbowers@meridianmortgage.com for more information.
How much does a refinance cost?
Enter a reply Closing costs vary depending on loan size and the state you are in, but usually between $2000 - $3000.here

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