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NCOREY
14 Posts |
 Posted - 02/14/2008 : 12:25:03 PM
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| 1.6 MIL CONSTRUCTION TO PERM IN CA. 750 FICO,MANY RESERVES AND ASSETS S/V ? |
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hertz
574 Posts |
Posted - 02/14/2008 : 12:34:54 PM
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| I can't think of anyone that does stated 1x closes anymore. Chevy Chase I think will still do the construction loan to 3M. But you would have to do it on a 2x close. Kinda scary considering that stated could be gone by the time the house is done. |
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dkendall1979
8585 Posts |
Posted - 02/14/2008 : 12:44:19 PM
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I can close in a week. Run it by the client, you may be surprised what kind of feedback you get.
Prime + 3
5pts cost
Stated income, 1 time close, fund control. |
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