Financing Your Dream Home
 
We have found your dream home, but what loan type and title company is best?
 
  • Not all lenders  do all loan types.
  • In a bank owned property, if you use the bank's title company in many cases the bank will pay for the title insurance.
  • On HUD Homes if you bid over the value HUD assigned not including repairs you have to pay the "excess" in cash otherwise it is $100 down plus closing costs for FHA Financing.
  •  On Fannie Mae Reverse Mortgage Foreclosures, HUD guidelines will not let you roll the closing costs into the contract.
  • However, on Fannie Mae including Reverse Mortgage please see the above statement regarding title company choice.  

A list of Lenders Who Finance Foreclosures

GatlinburgSeviervillePigeon Forge

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Dream Catcher Realty
400 Park Road Suite 109 • Sevierville, TN 37862
Office Phone: (865)366-0321 Extension 101 • Cell Phone - Best Number: (865) 356-7793
Fax: (865) 366-4839