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 Search for: Manual Underwrite, NO YSP or SRP ?.
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bjd123

103 Posts

Posted - 02/05/2008 :  2:01:35 PM
Question...Is it true that there is no yield spread or Service Release Prem on Manual Underwritten FHA files...we are a mini eagle and Ideal Mortgage is quoting 6.0% at a cost
geo21208

3278 Posts

Posted - 02/05/2008 :  2:30:06 PM
That is untrue
jeff4567

1538 Posts

Posted - 02/05/2008 :  2:34:10 PM
not true at all, is someone claiming this so they can keep your YSP/SRP?
jscorbett

3754 Posts

Posted - 02/05/2008 :  2:36:19 PM
One of my LOs just got YSP from them on one of his deals
mitchmaxx

904 Posts

Posted - 02/05/2008 :  2:47:28 PM
BS!!!
bjd123

103 Posts

Posted - 02/05/2008 :  3:40:30 PM
Thanks everyone for your input! I knew I was getting ripped....the AE is now trying to work out something.
raysixstar

119 Posts

Posted - 02/20/2008 :  07:37:57 AM
TRY US OUT WE GIVE YSP.IN 11 STATES!
THANKS
Ray Portela
Wholesale Manager
Office: 866-208-8343 Ext: 190
Direct#: 201-510-3890
Fax 201-758-2800/484-492-0995
E-mail: rportela@firstresmortgage.com
Direct FHA/Comforming Lender
NJ/NY/PA/CT/MD/FL/VA/WA/NC/SC
“Always Looking for Brokers/Branches/AE”

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