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 Search for: 80% Cash out NY 2-Unit Property.
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AlexMadi

2 Posts

Posted - 02/14/2008 :  12:22:09 PM
Scenario is a 80% cash out, 2 unit property, owner occupied, 590k loan amount, stated income. Property belongs to 70 year old husband and wife. She is only on title currently, But I want to have the husband only on the loan, because he has a fico score of 724, so I can possible go stated/stated. I can add him on title, if I need to. Let me know of a lender that will do this particular scenario. The lender has to accept the fact that he is 77 yrs old but still manages a restaurant and receives social security as well.
email me at amadi@agfinancialgroup.net if a lender pops up in your mind. I would appreciate it. Thanks.
Alex.
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