How can I calculate if I can get pre approve letter for the second house.
I am self employer. I want buy second house as investment. How can I prepare document to get the pre approve letter. I have good credit score 780. I can do 25-30% down. I want buy second house around $300000.00. by octoro_147_326 from Elk Grove, California. Sep 21st 2012
William J Acres (William_Acres)
#74 ranked lender in Arizona - 8,728 contributions
The best advice I can give you is to contact a LOCAL mortgage broker and apply with them. Not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions
Your basic parameters look pretty good... Simply contact a local (non-bank) lender. Give them a full application, and let them quickly see if and what you qualify for.
Brian Paris (bparis)
#633 ranked lender in California - 51 contributions
I'm down in the Bay Area and help people all the time with investment homes. Call me and I can see if you qualify without too much hassle. 925-698-1114
Linda Wintersteen (Linda123)
#63 ranked lender in Arizona - 1,256 contributions
I work a lot with borrowers in ca... please feel free to contact me at 602-330-1598 linda yourloanpartnerforlife@live.com
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