About Jacqueline Kounkel Expertise I am able to lend in every State. I specialize in large money deals, jumbo and super jumbo home loans, construction, permanent financing, refinancing, purchases, lines of credit and cash out transactions for residential homes. I can answer questions for you regarding what to look for when choosing a lender or Mortgage Broker. I can assist with questions that you should always ask when shopping for a loan. I will help you to protect your credit score while shopping for a loan. I understand that shopping for the best mortgage is about more than just a rate and my clients needs are always kept in my best interest. Besides getting you the most competitive rate, I will also help you decide which program guidelines are most likely to accept your unique qualifications. Together we will determine which programs will ultimately save you the most money. I will make sure you avoid “bait-and-switch” offers, prepayment penalties and hidden fees. Sometimes a low rate on the wrong loan could COST you thousands of dollars! I can help you to understand your Closing documents, Your Good Faith Estimate, the dynamics of your loan and how it works. I work with my clients for the life long relationship, the lowest rates, and conservative closing costs.
Experience I can offer clients an unmatched variety of loan programs designed to suit the borrowing needs of every lifestyle. Whether you are looking for a conventional program or one especially suited to a unique circumstance, I have the necessary tools to serve the best interests of my clients and provide mortgage financing to all kinds of buyers. I have worked in the financial industry for 15 yrs and love what I do.
Organizations Chamber of Commerce, DRA, SMDRA, Colorado Business Group and SEC Kids Care Volunteer Publications
Education/Credentials ACC degree in Banking and Finance
Awards and Honors Top Producer, Circle of Excellence, Customer CARE, President's Club Member
Question I'm looking to build my own home in north east Georgia. I was just given
some land so I already have a location. My problem is that I filled chapter
7 in 2005. I raised my credit score since then but I'm sure it's going to be
difficult to get a loan. What would be best for me to get a good loan. I
currently make 55000 gross per year. I've worked for the same company
for ten years.
Answer Hi Chris,
Congratulations on your journey to purchase a new home!! The good thing is that the land value can be considered equity for down payment for your new build. It may benefit you to look at FHA if you are not able to have 20% down or collateral property. Most banks are still looking at people with re established credit after 4 years of BK discharge. I would start by talking to your current bank since you have an established relationship with them. If they do not do construction loans I would be happy to see if Wells Fargo is able to help you.
About Real Estate Home Mortgages
This topic answers questions related to purchasing a home, owning a home, home ownership, mortgage education, mortgage applications, and mortgage needs whether buying a first home or refinancing a current loan. Issues related to home ownership, home equity, mortgage education, refinacing options, home improvment finacing, first time home loans, home equity loans, vactation home loans, and mortgages for investment homes are dealt with here also. Though not the primary focus of this topic, Home Equity Lines of Credits (HELOCS), reverse mortgages, and calculating home equity may also be asked. If you do not see your home mortgae, home finacing, or home equity question answered in this area then please ask a question here
