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skyminor
94 Posts |
 Posted - 02/19/2008 : 4:22:53 PM
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| Anybody still going to 90% on SIVA cashout? |
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dkendall1979
8822 Posts |
Posted - 02/19/2008 : 4:32:49 PM
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6.875 <.25> 30yr fixed, no PPP, with impounds
Ceiling rate:
7.375 <.625> 30yr fixed, no PPP, with impounds |
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skyminor
94 Posts |
Posted - 02/19/2008 : 4:35:41 PM
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| Dang Dave, you're pretty speedy. I neglected to mention that he is retired. Does that change the scenario? |
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dkendall1979
8822 Posts |
Posted - 02/19/2008 : 4:40:07 PM
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| Yes, it sure does. He better find a job or there's no loan waiting for him that I know of. |
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cindim
32 Posts |
Posted - 02/19/2008 : 4:49:56 PM
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World Savings/Wachovia allows you to state income for retired or social security borrowers.
Crazy but they do it.
Call your rep because i think they can do that loan. As long as you're not pushing the appraisal and are confident about the value you should be good! You may also want to try other portfolio lenders they are much more flexible than traditional banks.
Let me know if you don't have a rep!
Cindi |
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