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shawnshimer
14 Posts |
 Posted - 01/23/2008 : 11:35:25 AM
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| Looking for lender other than WAMU who will allow cousins to gift equity of 20% to cousin/buyer and pay a portion of closing costs. Anyone have any ideas? |
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DAMS
226 Posts |
Posted - 01/23/2008 : 12:32:05 PM
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| Try Citi/Chase/CW and just about any conforming lender. |
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monarchdad
1811 Posts |
Posted - 01/23/2008 : 12:34:06 PM
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| If it were in Kentucky rather than CA you could do it as an interspousal GOE. |
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topgun56
715 Posts |
Posted - 01/23/2008 : 1:23:19 PM
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We allow up to 95% CLTV
LTV: 65% Full doc
LTV: 65% Stated S/E with 12 months Bank Statements
LTV: 50% Stated/Stated
RATE: 11.5%
TERM: 2/28
PPP: 2 YEAR
**WE REPORT TO CREDIT BUREAU’S**
Dave Britton
Charter Bank A/E
Phone: (866) 733-6869
Efax: (866) 433-1504
david.britton@charterco.com
www.charter504.com
We lend in AZ, CA, CO, FL, ID, NV, OR, TX, UT & WA
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pablin_2005
684 Posts |
Posted - 01/23/2008 : 1:25:29 PM
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| look for Frank Mejia in here. He's doing one for me. |
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