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Tony4Loans
112 Posts |
 Posted - 11/28/2007 : 6:08:13 PM
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purchase *short sale has been approved, need to move fast*
750 fico
$445,000 purchase price
$417,000 loan amount
93% LTV or if we can go higher
SFR O/O
SIVA (has over $100k to verify)
or FULL DOC (may be able to go full doc. pending for tax returns)
Looking for the lowest payment/rate possible with (-1.00) with NO PPP and LPMI. Thanks
Also, on the appraisal, it indicates the area is declining in value. How will this affect the loan amount? Many lenders already told me the LTV will be cut by 5% to 90% so at 90% is fine. Property is in California 91406.
Full file ready to submit!!!
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1stintegritymort
1710 Posts |
Posted - 11/28/2007 : 6:18:03 PM
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| try sierra pacific |
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Tony4Loans
112 Posts |
Posted - 11/28/2007 : 7:08:13 PM
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Thanks for responding. Anyone else?? Anymore other lenders.... seems like I've getting more and more of these declining areas and its killing my LTVs....
quote:
Originally posted by 1stintegritymortgage
try sierra pacific
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Tony4Loans
112 Posts |
Posted - 11/29/2007 : 1:27:58 PM
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Bump, any lenders out there that can provide LPMI? Please let me know. I have full package and ready to submit!
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SiRod Crenshaw
19 Posts |
Posted - 11/29/2007 : 1:36:56 PM
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try United Security Financial and speak with Lois, They are helping me with that now..
also try " the great loan" .com ppl they help me in the past with a Jumbo |
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williamspeaking
4060 Posts |
Posted - 11/29/2007 : 2:09:53 PM
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declining value will slice 5% off max allowed LTV (taking you to 90% at most banks)
and the only LPMI I'm aware of is full doc right now |
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