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 Search for: cashout, 35cltv,fico 660, conforming.
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reroser19

101 Posts

Posted - 11/03/2007 :  11:38:34 AM
Cashout, 35cltv, 160,000 loan amount, conforming, sfr, owner occ, 660 fico,

Preferably no doc, no ratio, siva



Lenders only!!


Please No brokers/bankers-No Third Parties!!

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clarenceworley

5210 Posts

Posted - 11/03/2007 :  12:57:38 PM
Try scoring it through DU/LP. Put in nominal income. feedback may not require verification, maybe only a verbal.
re_manager

2634 Posts

Posted - 11/03/2007 :  1:26:53 PM
We can do this SISA on the 3-Year Fixed with I/O:

7.35% (PAR), 7.60% (1.0% rebate), 7.95% (2.0% rebate)

This loan has the option of fixing the rate for the life of the loan at any time from the end of the 3rd year to the 7th for $200.

Please let me know if this works for your client.

Thanks

Phil Koch
Wholesale Mortgage Banking Leader
Wachovia, 4th largest Bank in US
pkoch944@worldsavings.com
Cell: 661-343-3556
Fax: 800-307-7614
actionjackson

1231 Posts

Posted - 11/04/2007 :  5:56:37 PM
no problem..


Jason J. Miles
Cornerstne Bancor Mortgage Corp
631-225-7096/1-866-WE-LEND-U
800-538-0794/E-FAX
631-991-1665/CELL
jason@cmbank.net
www.cmbank.net
williamspeaking

4060 Posts

Posted - 11/05/2007 :  11:34:55 AM
35%
oo
sfr
660
siva
c/o
160k

30 fixed
6.875%<par>
7.25%<1>
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