| Author |
Previous Topic | Next Topic |
|
khargoshdost
38 Posts |
 Posted - 03/22/2008 : 6:57:55 PM
|
I need help with this guys...
Jumbo $1,040,000 Loan Amount
815 Fico Score
Owner Occ. 80%LTV
Full Doc
Can anyone do this out there? been having trouble finding lender for over 1 mill deal. any suggestions?
|
|
khargoshdost
38 Posts |
Posted - 03/23/2008 : 10:22:01 AM
|
bump bump
anyone out there? |
|
|
mantixmortgage
2717 Posts |
Posted - 03/23/2008 : 11:48:23 AM
|
| yes i can do this but not until probably mid to late next week when we get final approval from our new investor. email me if this works for you |
|
|
skyviewmtg
210 Posts |
Posted - 03/23/2008 : 1:18:17 PM
|
We can do this. Please fill out or prequal form at www.skyviewmtg.com/prequalify.htm
we just closed this month 90% LTV SIVA. The deal that you have looks pretty easy. |
|
|
ladysammm
354 Posts |
Posted - 03/23/2008 : 2:34:51 PM
|
| We offer jumbo and Super Jumbo. Currently at that loan amt LTV would be 75%. Possible exception. If you would like more information please call or email me at pam.kirchner@assurityfinancial.com Wholesale AE 702-418-5818 |
|
|
khargoshdost
38 Posts |
Posted - 03/23/2008 : 4:26:23 PM
|
| ok can someone provide some kind of pricing on this, love the fact that we can get it done, but I would love some pricing as well. Thanks |
|
|
mantixmortgage
2717 Posts |
Posted - 03/23/2008 : 4:41:15 PM
|
| i'll be at like 7.625 on a 30 year or 5.75 on a 5/1 |
|
|
khargoshdost
38 Posts |
Posted - 03/23/2008 : 4:48:34 PM
|
| is that 5/1 an I/O I would like to go I/O and is that rate at par? any rebate? |
|
|
mantixmortgage
2717 Posts |
Posted - 03/23/2008 : 4:50:34 PM
|
io if LP allows for it
i cant quote you precisely because its not on my ratesheet yet. I'll email you when I can give you a real quote. what is the dti? |
|
|
khargoshdost
38 Posts |
Posted - 03/23/2008 : 4:54:34 PM
|
| the dti is below 45% about 40% |
|
|
mantixmortgage
2717 Posts |
Posted - 03/23/2008 : 4:55:35 PM
|
| ok this is money in the bank |
|
|
khargoshdost
38 Posts |
Posted - 03/23/2008 : 4:56:33 PM
|
ok beautiful give me a call when you have exact numbers for me at 909-455-6541
thanks bro! |
|
|
mantixmortgage
2717 Posts |
Posted - 03/23/2008 : 4:59:18 PM
|
| my pleasure |
|
|
khargoshdost
38 Posts |
Posted - 03/23/2008 : 5:14:07 PM
|
hey can you do this at 1,020,000 no cash out just r/t...
I/O ...
i need rate on a 5/1 or 7/1 whichever is better rate...
|
|
|
mantixmortgage
2717 Posts |
Posted - 03/23/2008 : 5:22:32 PM
|
| yea. we'll talk next week |
|
|
khargoshdost
38 Posts |
Posted - 03/23/2008 : 5:32:11 PM
|
| ok sounds good |
|
|
SuperJumboAE
79 Posts |
Posted - 03/24/2008 : 11:52:01 AM
|
We will consider 80% LTV depending on the strength of the borrowers.
We are a portfolio lender and look at many different ways to make a loan work. Our investors understand the self employed borrower and can often give them credit for income that others might not. When borrowers DTI requirement is a little over limits, we look at other ways to make the loan work – like cross collateralizing properties.
For this scenario rates would be between 6.25% and 7.25% depending on the strength of the file.
Programs are 5/6 ARM, 7/6 ARM, and 30 year fixed No Prepayment Penalties Interest Only Available
If you have other questions, you can reach me on my cell phone at 858-663-1842.
Thanks.
Keith Tong
Super Jumbo AE
The Super Jumbo Loan Specialists
243 N Coast Hwy 101, Suite 18
Solana Beach, CA 92075
Office: 858-345-1210
Fax: 858-345-1170
Cell: 858-663-1842
Email: keith@teamkeith.com
|
|
|
skyviewmtg
210 Posts |
Posted - 03/24/2008 : 12:21:46 PM
|
so did u find what u need?
we can close your file very fast. let me know . |
|
|
mantixmortgage
2717 Posts |
Posted - 03/24/2008 : 12:22:29 PM
|
| are you wholesale |
|
|
SuperJumboAE
79 Posts |
Posted - 03/24/2008 : 12:39:14 PM
|
We are actually a portfolio lender and do not have a wholesale division. Our portfolio has about $3B in assets and we are starting to expand into the residential market.
We actually service 100% of our loans.
If we can help you with your scenario, let me know. |
|
|
khargoshdost
38 Posts |
Posted - 03/24/2008 : 3:02:02 PM
|
ok here is the "REAL" scenario ok...
i was trying to get cash out but it is NOT NEEDED now.
i just need to do an r/t refi.
loan amount 1,020,000.00
75% LTV
815 credit and I need I.O. for a 5/1 or 7/1
I need pricing at par and I am looking to buy down rate.
if anyone can do this and has a rate of 5.5 or less at par without the buy down please let me know. |
|
|
khargoshdost
38 Posts |
Posted - 03/24/2008 : 3:03:29 PM
|
| i need to be at 4.875 with buydown of 1.5 let me know if it can be done or how close we can come to this.... |
|
|
SuperJumboAE
79 Posts |
Posted - 03/24/2008 : 3:22:24 PM
|
We do not offer lower rates even if you want to buy them down.
Our floor is probably around 5.875%, but it more scenario and borrower driven. Fees might be minimal to get there. The key is the merit of the borrower.
We do offer IO at no cost. |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
