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dellloans

237 Posts

Posted - 03/18/2008 :  07:27:50 AM
Does anyone offer this?
Layne Jones

1478 Posts

Posted - 03/18/2008 :  07:34:29 AM
We do with a 680 score. In non-declining markets.
dellloans

237 Posts

Posted - 03/18/2008 :  07:36:05 AM
I forgot one important fact, $550,000 loan. 720 credit. Can you do this?
Layne Jones

1478 Posts

Posted - 03/18/2008 :  07:48:08 AM
That is kind of important. In that case, no sorry can't do it.
dellloans

237 Posts

Posted - 03/18/2008 :  07:50:10 AM
that was definetly moronic. can you go to 85% or are you capped at 80?
dellloans

237 Posts

Posted - 03/18/2008 :  08:51:27 AM
Borrower has a 1st and 2nd. first, $400k, 2nd $143. If I can get the 2nd subordinated, could you redo the first @ 63% LTV, 87% CLTV?
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