ARCHIVED BLOG POSTS
2021
3
Comments
“Local Bank Can’t do Our Mortgage” Mr. Petrowsky, Your name was given to me by a real estate agent. I have a contract for the purchase of an oceanfront home and have been denied by a local bank. They indicated that they reached the 7% limit, any idea what the hell that mean? The purchase price fo...
04/30/2021
“Most of generation of 60+ were HOME SCHOOLED in many ways” My mother taught me TO APPRECIATE A JOB WELL DONE."If you're going to kill each other, do it outside. I just finished cleaning." My mother taught me RELIGION."You better pray that will come out of the carpet." My father taught me about ...
04/28/2021
1
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“An FHA 203K Can be a Great Solution!” Mr. Petrowsky,Your name was given to me by a Realtor. I have been pre-qualified by my bank for an FHA mortgage, but they don’t do 203K renovation loans. The Realtor indicated you do them all the time, is that the case?I was just wondering, because most house...
04/26/2021
1
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“Patience is a Requirement” Hi Joe,Thank you for being so patient with the both of us and excuse us for emailing you so much while we look for a home. Since Terry and I are both in a situation where we don’t really have to leave my parents’ home immediately, I do have the option of working on bot...
04/23/2021
5
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“Not Paid Up Front?” A grandfather bought a hobby-horse by mail order as a birthday present for his granddaughter. The toy arrived in 189 pieces.The instructions said that it could be put together in an hour; however, it took the old man two days to assemble the toy.Finally, when it was all put t...
04/21/2021
3
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“DSCR= Debt Service Coverage Ratio” Mr. Petrowsky,I came across you contact information as a result of a search looking for a DSCR loan, I wasn’t sure if you do them? You wrote a blog about investor cash flow loans, which I believe are the same thing. Do you do mortgages in NH and VT?I own a 4 fa...
04/19/2021
4
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“Thank You for Your Service to Our Country” You had me at “Thank you for your service to this country”. I am not kidding, coming out of the military and my background got me skeptical of people and definitely there was a chip on my shoulder. I was surprised for sure, but felt a little more comfor...
04/16/2021
9
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“This is how Fake News gets Started”His request approved, the CNN News photographer quickly used a cell phone to call the local airport to charter a flight. He was told a twin-engine plane would be waiting for him at the airport. Arriving at the airfield, he spotted a plane warming up outside a h...
04/14/2021
5
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“Making Dreams Come True Business” I didn’t know if I would ever own my own home. I know you assured me when I first called you, but didn’t think it would ever happen for me, for my family. My brother told me he felt the same way and you got them a mortgage.Just so you know, I have a lot of frien...
04/12/2021
4
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“Understanding FHA 203 K Rehab Loan” Hi Joe,A few questions I have about doing an FHA 203K rehab mortgage that we discussed. Is it possible to do some of this work myself or does the work have to be done by licensed contractors? Will the extra amount on my mortgage drop off after I finish paying...
04/09/2021
