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regineia
405 Posts |
Posted - 09/12/2007 : 05:55:53 AM
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218K; O.O; SFH; 100%.. Who can do it on level III? File ready to go.
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ChrisOErvin
54 Posts |
Posted - 09/12/2007 : 06:27:21 AM
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| Try Citi but they might have taken the EA-III away in florida. I know if your property is a declining county they automatically take 5% from the Max LTV. Hope that helps |
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ehm3
997 Posts |
Posted - 09/12/2007 : 07:02:28 AM
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| Flagstar |
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IMB2007
65 Posts |
Posted - 09/12/2007 : 08:35:55 AM
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| Indymac will do both EA II and EA III |
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williamspeaking
4061 Posts |
Posted - 09/12/2007 : 5:24:33 PM
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| i will do II and the whole state of FL is listed as a declining area from what one of my brokers there has told me. Apparently appraisers must by law, indicate declining values now. |
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jrosefield
79 Posts |
Posted - 09/12/2007 : 7:30:29 PM
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| did you get that decision thru DU or LP? I ask because i recently had a loan approved thru LP as a A- Exp level II, I ran it thru DU and got an approve/eligable. My point is you should run your deals thru both systems. DU and LP sometimes like different attributes from a loan and you have a better chance to beat your competition by doing so |
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ehm3
997 Posts |
Posted - 09/12/2007 : 7:32:02 PM
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quote: Originally posted by jrosefield [br DU and LP sometimes like different attributes from a loan and you have a better chance to beat your competition by doing so
absolutely true, done it 100's of times. Great advice! |
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johnnyboy38109
4665 Posts |
Posted - 09/12/2007 : 8:37:55 PM
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quote: Originally posted by williamspeaking
i will do II and the whole state of FL is listed as a declining area from what one of my brokers there has told me. Apparently appraisers must by law, indicate declining values now.
Its been the case for about 25 years. |
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