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Re: Home Loan for Plots - Need contacts

Posted: March 1st, 2011, 7:15 pm
by vardhanphani
i have been allotted with a bda plot. and i want to build a house.
can anybody please tell me what will b the criteria for home loan,
if it is the property value, then who will access the property value, becoz, the value on papers is very less (bcoz its a BDA plot)

awaiting inputs.

Re: Home Loan for Plots - Need contacts

Posted: March 1st, 2011, 7:53 pm
by jackalbda
Banks have value-tors to do the job you were asking about.

Re: Home Loan for Plots - Need contacts

Posted: April 6th, 2011, 1:02 pm
by rebecca
What is loan modification and how much does it cost compared to a refinance? Is it easier to modify a loan if you don't fit the underwriting guidelines for an FHA refinance? Not in foreclosure; just have a high-interest rate ARM and too high of a DTI. Thanks for your input.
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