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abtk
740 Posts |
 Posted - 01/10/2008 : 12:51:12 PM
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Hey All,
I need to get some good rates on this loan if I even have a shot to refinance them.
637 Fico
R&T Refi
495k
75% LTV
Stated (Self)
California
Full Package ready to go!
Thank you,
Adam |
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sc312001
975 Posts |
Posted - 01/10/2008 : 1:12:14 PM
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| If you can use personal bank statements, try Wilmington. |
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mchew744
339 Posts |
Posted - 01/10/2008 : 1:26:15 PM
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| What city. It sounds like it might fit within Wachovia's Portfolio guidelines. |
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dkendall1979
8702 Posts |
Posted - 01/10/2008 : 1:28:37 PM
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| 3 points on the credit score and I'll have them fixed in the low 6's |
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abtk
740 Posts |
Posted - 01/10/2008 : 1:42:23 PM
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quote:
Originally posted by dkendall1979
3 points on the credit score and I'll have them fixed in the low 6's
David, I thought you did commercial? I can probably get 3 points out of it. Can you quote me as if I had it? |
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abtk
740 Posts |
Posted - 01/10/2008 : 1:43:35 PM
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quote:
Originally posted by mchew744
What city. It sounds like it might fit within Wachovia's Portfolio guidelines.
Hemet, Wachovia already chopped the appraisal because they will not allow for lot size adjustments. My subject is 1.5 acres and the comps are an acre and below. |
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dkendall1979
8702 Posts |
Posted - 01/10/2008 : 1:52:16 PM
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I apologize. I lied to you. I'm capped at $417k for that program.
I signed on with Trust One as of this week as an AE. We're doing well on not cutting appraisals. The only thing we've got for this loan would be our subprime product and that would require bank statements.
quote:
Originally posted by abtk
quote:
Originally posted by dkendall1979
3 points on the credit score and I'll have them fixed in the low 6's
David, I thought you did commercial? I can probably get 3 points out of it. Can you quote me as if I had it?
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abtk
740 Posts |
Posted - 01/10/2008 : 3:44:17 PM
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quote:
Originally posted by dkendall1979
I apologize. I lied to you. I'm capped at $417k for that program.
I signed on with Trust One as of this week as an AE. We're doing well on not cutting appraisals. The only thing we've got for this loan would be our subprime product and that would require bank statements.
quote:
Originally posted by abtk
quote:
Originally posted by dkendall1979
3 points on the credit score and I'll have them fixed in the low 6's
David, I thought you did commercial? I can probably get 3 points out of it. Can you quote me as if I had it?
Give me hope and shoot me down! 
Do you maybe have a 2nd (HAHA) to go behind that 417k you are talking about? |
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subprime
3594 Posts |
Posted - 01/10/2008 : 3:55:15 PM
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Adam
Contact your Equifirst rep, if you do not have one, contact me 
We can get this done either SIVA or bank statements |
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Brianquigley
1772 Posts |
Posted - 01/10/2008 : 3:58:33 PM
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| Subprime rates are terrible |
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dvo
60 Posts |
Posted - 01/10/2008 : 4:00:44 PM
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| for subprime my first 2 options are always Chase and Equifirst. |
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abtk
740 Posts |
Posted - 01/10/2008 : 4:02:51 PM
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quote:
Originally posted by subprime
Adam
Contact your Equifirst rep, if you do not have one, contact me
We can get this done either SIVA or bank statements
Hey Scott I do not have one. Can you price the deal above for me Stated. I may not get this one because I am afraid the rates might be too much for him. |
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sc312001
975 Posts |
Posted - 01/10/2008 : 4:02:53 PM
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Wilmington just reduced JUMBO rates below or deals below 80 LTV.
Chris meehan is my rep 610 943 2800. |
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abtk
740 Posts |
Posted - 01/10/2008 : 4:03:29 PM
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quote:
Originally posted by sc312001
Wilmington just reduced JUMBO rates below or deals below 80 LTV.
Chris meehan is my rep 610 943 2800.
They only do bank statements right? |
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subprime
3594 Posts |
Posted - 01/10/2008 : 4:22:05 PM
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Going SIVA we have a hit for that jumbo, so here is the pricing based on our MVP program, (No mortgage lates in 18 months)
75% - 8.75% <PAR> on a 3/27 term
Not sure if that will create any benefit since it is r/t
Let me know if you have any questions, email me in case I am not on here checking responses |
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dkendall1979
8702 Posts |
Posted - 01/10/2008 : 4:23:55 PM
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Ha, I wish! No, minimum is 660 and it's full doc only for 2nds
quote:
Originally posted by abtk
quote:
Originally posted by dkendall1979
I apologize. I lied to you. I'm capped at $417k for that program.
I signed on with Trust One as of this week as an AE. We're doing well on not cutting appraisals. The only thing we've got for this loan would be our subprime product and that would require bank statements.
quote:
Originally posted by abtk
quote:
Originally posted by dkendall1979
3 points on the credit score and I'll have them fixed in the low 6's
David, I thought you did commercial? I can probably get 3 points out of it. Can you quote me as if I had it?
Give me hope and shoot me down!
Do you maybe have a 2nd (HAHA) to go behind that 417k you are talking about?
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abtk
740 Posts |
Posted - 01/10/2008 : 4:25:37 PM
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quote:
Originally posted by subprime
Going SIVA we have a hit for that jumbo, so here is the pricing based on our MVP program, (No mortgage lates in 18 months)
75% - 8.75% <PAR> on a 3/27 term
Not sure if that will create any benefit since it is r/t
Let me know if you have any questions, email me in case I am not on here checking responses
That is about what I thought it was going to be. Not going to work unfortunaty. Thank you for the time you put into it though. |
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subprime
3594 Posts |
Posted - 01/10/2008 : 4:35:27 PM
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| No prob, let me know if you run into any subprime I can help with |
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