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loanteam
47 Posts |
 Posted - 03/20/2008 : 4:02:57 PM
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What is the CLTV out there for a NOO? I have a borrower buying for his daughter, but wants to put least amount down. I can't seem to find anything over 75% with out a 2.00 point pricing hit.
Suggestions?
720, full doc, Nevada, 250K PP |
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dkendall1979
10342 Posts |
Posted - 03/20/2008 : 4:03:51 PM
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85% max
6.125 <.25>, 30yr fixed, no PPP, w/impounds, BPMI |
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ML
3021 Posts |
Posted - 03/20/2008 : 4:13:40 PM
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| Best if she can buy with him as a non-occupant co-mortgagor, using gift funds as DP & CC. |
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loanteam
47 Posts |
Posted - 03/20/2008 : 4:18:47 PM
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Can't happen. She just lost her house to foreclosure.
quote:
Originally posted by ML
Best if she can buy with him as a non-occupant co-mortgagor, using gift funds as DP & CC.
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ML
3021 Posts |
Posted - 03/20/2008 : 4:20:39 PM
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quote:
Originally posted by loanteam
Can't happen. She just lost her house to foreclosure.
quote:
Originally posted by ML
Best if she can buy with him as a non-occupant co-mortgagor, using gift funds as DP & CC.
Well then what are you waiting for? She's ready to get right back on that horse! |
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