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Hustler12
1293 Posts |
 Posted - 02/12/2008 : 5:22:19 PM
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760 FICO
80% LTV
632k loan
790k pp
OO
SFR
SIVA - Self-employed
Orange County, CA
Looking for a 10yr or 30yr.
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Hustler12
1293 Posts |
Posted - 02/12/2008 : 6:18:31 PM
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| Come on...nobody wants this loan? Does anybody price loans on this site anymore? |
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dkendall1979
10342 Posts |
Posted - 02/12/2008 : 6:30:39 PM
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6.375% <par> 10yr Fixed, no ppp, w/impounds
Note: 1pt buydown get's 5.375%
Both are on a 20 day lock. Declining market OK
quote:
Originally posted by Hustler12
760 FICO
80% LTV
632k loan
790k pp
OO
SFR
SIVA - Self-employed
Orange County, CA
Looking for a 10yr or 30yr.
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Hustler12
1293 Posts |
Posted - 02/12/2008 : 6:36:16 PM
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That is great pricing.
The loan amount is changing to $700k but everthing else (incl. LTV) is staying the same.
Email me a broker package at BBarnhart@newlend.com when you can.
Thanks! |
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dkendall1979
10342 Posts |
Posted - 02/12/2008 : 6:37:23 PM
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quote:
Originally posted by Hustler12
That is great pricing.
The loan amount is changing to $700k but everthing else (incl. LTV) is staying the same.
Email me a broker package at BBarnhart@newlend.com when you can.
Thanks!
Why did you do that! Max Loan amount is $650,000 |
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bmoran
1164 Posts |
Posted - 02/12/2008 : 6:40:09 PM
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Our wholesale division is at 5.875% at par 10/1 arm
with enogh assets could be even lower call Ed in my wholesale division he just priced one similiar for me (805) 558-3318 thats his cell, he's still in pricing loans |
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bmoran
1164 Posts |
Posted - 02/12/2008 : 6:43:16 PM
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| We can still do the higher loan amount |
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Hustler12
1293 Posts |
Posted - 02/12/2008 : 6:43:53 PM
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| Sorry DK, my bad. They just found their new home. I hate doing purchase loans for friends...every day it's new loan amount, new LTV, straight purchase, shor sale purchase, REO purchase..blah blah blah...all to make $500. |
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Hustler12
1293 Posts |
Posted - 02/12/2008 : 6:44:38 PM
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Bill:
Looking good. Waiting on executed contract. Please email me broker package to BBarnhart@newlend.com
Thanks,
Beau |
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bmoran
1164 Posts |
Posted - 02/12/2008 : 6:49:58 PM
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quote:
Originally posted by Hustler12
Bill:
Looking good. Waiting on executed contract. Please email me broker package to BBarnhart@newlend.com
Thanks,
Beau
Call Ed at the number in the above post, I dont work in wholesale, he is here at office and can verify pricing and get you a broker package |
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dkendall1979
10342 Posts |
Posted - 02/12/2008 : 6:52:29 PM
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quote:
Originally posted by bmoran
We can still do the higher loan amount
What loan amount can you go 80% to in Orange County?
That's STROOONG for a stated purchase Jumbo in a declining market. |
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bmoran
1164 Posts |
Posted - 02/12/2008 : 7:11:20 PM
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| Call Ed in our wholesale division. |
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Hustler12
1293 Posts |
Posted - 02/12/2008 : 7:28:54 PM
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| Talk to Ed. Great guy. The programs are great. You are beating market by .5. Thanks |
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Hustler12
1293 Posts |
Posted - 02/14/2008 : 12:40:18 PM
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Bill:
I just talked to Ed and he is saying that they are suspending this program unless we lock by the 16th? is there anyway around that? I have to close by the EOM. help
Beau |
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