Broker Outpost Mortgage Forums
Home | Recent Discussions | Register | Login | Mortgage Broker Directory | Mortgage Reference Library
 All Forums
 Mortgage Brokers
 Mortgage Brokers
 Search for: EA-II and III ready to go - Florida.
Related tags: []
Author Previous Topic  |  Next Topic  
regineia

405 Posts

Posted - 09/12/2007 :  05:55:53 AM
218K; O.O; SFH; 100%.. Who can do it on level III?
File ready to go.

ChrisOErvin

54 Posts

Posted - 09/12/2007 :  06:27:21 AM
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
ehm3

997 Posts

Posted - 09/12/2007 :  07:02:28 AM
Flagstar
IMB2007

65 Posts

Posted - 09/12/2007 :  08:35:55 AM
Indymac will do both EA II and EA III
williamspeaking

4061 Posts

Posted - 09/12/2007 :  5:24:33 PM
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.
jrosefield

79 Posts

Posted - 09/12/2007 :  7:30:29 PM
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
ehm3

997 Posts

Posted - 09/12/2007 :  7:32:02 PM
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!
johnnyboy38109

4665 Posts

Posted - 09/12/2007 :  8:37:55 PM
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.
  Previous Topic  |  Next Topic  
Advertising Information © 2007 Broker Outpost LLC, All Rights Reserved. Subscribe to the Forum Topics via RSS Go To Top Of Page
Privacy Policy Terms and Conditions
This page was generated in 0.97 seconds. Snitz Forums 2000