Orange County

[D C.]

Good evening,

I am looking to purchase a condo in the Ladera Ranch/Foothill Ranch/Irvine area (200-300K).

My salary for 2011 was 64K and 59K for 2010 and I want to only put down 20K. My only debt is a $1,100 balance on my Visa (was on vacation two weeks ago) and a FICO score in the mid 800's.

Just a little curious as to what my options are and if I would even qualify for a loan of that size.

Thank you,

David

[Len Malena]

Hi David,

As you probably know, getting a loan is a challenge these days. You do have an excellent FICO so that will definitely help. I would prefer to have you speak directly with a lender to find out exactly what you would qualify for. If you send me an email I'll be happy to give you a couple lender referals.

len

[D C.]

Thank you for the response, Mr Malena. 

I was pre approved for 260,000 @ 3.875, no points thru Wells Fargo. Thought It would be more, however, I am thankful and sure I can find something in OC for that amount.

[Ellen S.]

I am in Foothill Ranch area....great choice! ))))

It's one of the best areas.

[Len Malena]

Yes, my daughter bought a condo in Foothill Ranch and loves it there.

I'd be happy to help you find one also!

[Ellen S.]

Thanks, but I already live in a townhouse in Trabuco, so I have already arrived  ))))

[Chaltu G.]

the house am looking can be condo or aprtment or any in good condition 3% down.

my credit score is700,

thanks ,

Chaltu

[Len Malena]

I can help you find a home. Please email me what cities you are ok with, number of bedrooms and anything else that's important for your new home to have.