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cig123

50 Posts

Posted - 02/21/2008 :  11:26:38 AM
I have loan in oregon. fico 661 self employed owns his own business ( 10 years ) sfr/ 0x30/ 80% ltv/ he took a second out in 1/2007 (not a second to purchase his home) so not sure what your cash out rules are.......stated verified need a 30 year fixed. thanks
Accredited

256 Posts

Posted - 02/21/2008 :  11:41:28 AM
How much did he cash out in Jan, and what did he do with the money?
Also what does he plan to do with the cash from a new loan.
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BigFire

2962 Posts

Posted - 02/21/2008 :  11:43:39 AM
cig - please call to discuss this scenario - I believe we can help but I have many questions, 310.498.2332, thanks, Jay
cig123

50 Posts

Posted - 02/21/2008 :  11:46:01 AM
he wants no new cash.........
cig123

50 Posts

Posted - 02/21/2008 :  11:48:56 AM
$38,000 in jan.
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