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slants
4274 Posts |
 Posted - 03/20/2008 : 4:44:51 PM
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| Anyone still doing stated retired on an OO 3 unit to get out of an Option ARM? |
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clarenceworley
4235 Posts |
Posted - 03/20/2008 : 4:51:32 PM
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| Jeez, maybe a reverse might work? |
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slants
4274 Posts |
Posted - 03/20/2008 : 6:09:17 PM
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quote:
Originally posted by clarenceworley
Jeez, maybe a reverse might work?
They may not have a choice, but I think they want a traditional mortgage. |
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jwillmott78
194 Posts |
Posted - 03/20/2008 : 6:46:02 PM
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we can do stated retired as long as he is not only collecting
social security
he has to be collecting from an actual retirement
thanks
let me know if i can help you
you also can go to www.fgflend.com
the product is going to be the custom conforming product
thanks |
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slants
4274 Posts |
Posted - 03/20/2008 : 7:14:54 PM
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quote:
Originally posted by jwillmott78
we can do stated retired as long as he is not only collecting
social security
he has to be collecting from an actual retirement
thanks
let me know if i can help you
you also can go to www.fgflend.com
the product is going to be the custom conforming product
thanks
Thanks James. I think we are approved with you. I 'll check in with our rep. |
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jwillmott78
194 Posts |
Posted - 03/20/2008 : 8:35:15 PM
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no problem
let me know if you need any help
thanks
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re_manager
2625 Posts |
Posted - 03/20/2008 : 9:00:16 PM
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We can do 30-Year Fixed w/ I/O:
8.10% (0.50% YSP), 8.20% (1.0% YSP)
Please let me know if that works for your client.
Thanks |
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jwillmott78
194 Posts |
Posted - 03/20/2008 : 9:53:27 PM
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best we can do
is 7.625 30yr fixed no i/o
but it will cost an .125 to get that
let me know if this helps
thanks
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slants
4274 Posts |
Posted - 03/21/2008 : 10:24:39 AM
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| Thanks for pricing it out James! Thank you Phil, I'll see if they want an I.O. feature. I appreciate your info. |
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Cliff_Auerswald
450 Posts |
Posted - 03/21/2008 : 12:10:58 PM
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adjustable 2.77%, Fixed 5.9%
No Payments for LIFE
(it's a reverse mortgage)
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dkendall1979
10342 Posts |
Posted - 03/21/2008 : 12:20:00 PM
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I want this loan!
quote:
Originally posted by Cliff_Auerswald
adjustable 2.77%, Fixed 5.9%
No Payments for LIFE
(it's a reverse mortgage)
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slants
4274 Posts |
Posted - 03/21/2008 : 12:23:17 PM
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quote:
Originally posted by dkendall1979
I want this loan!
quote:
Originally posted by Cliff_Auerswald
adjustable 2.77%, Fixed 5.9%
No Payments for LIFE
(it's a reverse mortgage)
Cool David. I'm sending you the other one from yesterday once the borrower with all the "dough" from the doughnut shop pays down the credit card on Monday ;-). Send me your pricing.
Thanks,
Helen
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jcanepa
800 Posts |
Posted - 03/21/2008 : 12:24:08 PM
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| No SSI. I can help if you need it. What state? |
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slants
4274 Posts |
Posted - 03/21/2008 : 12:25:52 PM
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quote:
Originally posted by jcanepa
No SSI. I can help if you need it. What state?
Oops, forgot to mention CA. |
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