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 Search for: Looking for banks that do non owner 85% ltv.
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frankjr71

91 Posts

Posted - 03/14/2008 :  2:12:46 PM
I have been having problems finding a bank that does non owner loans. Fico is 731, and the client is stated, self employed.
Purchase price is $450,000..
Client coming in with 15% down $67,500...Loan amount is $382,500..
Clean credit, does anyone know of a bank that can do this????
williamspeaking

4058 Posts

Posted - 03/14/2008 :  2:21:42 PM
I have a loan for this scenario, unfortunately you wont find MI for NOO stated
thomasst

122 Posts

Posted - 03/14/2008 :  2:34:02 PM
what about 80% full doc NOO?
lucky1s

3620 Posts

Posted - 03/14/2008 :  2:39:40 PM
You can go to 90 full doc, 85 in a declining market.
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