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dpiatek
86 Posts |
 Posted - 03/25/2008 : 4:15:28 PM
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Let me know if you can do this loan
$2,000,000 L/A
$3,000,000 Value
68% LTV
700 Credit
Full Doc
SFR
R/T - out from a construction loan
- The thing with this one is that she has a 6.5% IO 5/1 ARM looking either to get lower rate on ARM or put in a fixed rate.
Please reply to posting or give me a call 708-887-5802.
Thank you |
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MTGCONTENDER23
137 Posts |
Posted - 03/25/2008 : 4:41:11 PM
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Contact me. I can help you get this done.
KEITH HOGUE
SC LENDING GROUP,LLC
3507 YUPON ST
HOUSTON, TEXAS 77006
(713)392-5487 P
(832)778-5070 F
keith.hogue@sclendingllc.com
www.sclendingllc.com
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getfunding
129 Posts |
Posted - 03/25/2008 : 6:53:12 PM
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Looking to see if this is doable:
CA Prop
SFR, I Unit Second Home
FICO 700
LTV 90%
Loan $3Mil
Rate n Term
SIVA
Self Empl.
6MO Reserves
Solid File. Rate is Adjusting,They have a 1st and a 2nd, Would Like(1)loan
The are in a Pay Option Arm. Pricing Please Thx
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mantixmortgage
2717 Posts |
Posted - 03/25/2008 : 6:55:58 PM
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| sorry d crane but that is not what i would call a solid file in today's industry |
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getfunding
129 Posts |
Posted - 03/25/2008 : 7:19:51 PM
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| O kay |
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n0denine
113 Posts |
Posted - 03/25/2008 : 8:21:01 PM
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quote:
Originally posted by dpiatek
Let me know if you can do this loan
$2,000,000 L/A
$3,000,000 Value
68% LTV
700 Credit
Full Doc
SFR
R/T - out from a construction loan
- The thing with this one is that she has a 6.5% IO 5/1 ARM looking either to get lower rate on ARM or put in a fixed rate.
Please reply to posting or give me a call 708-887-5802.
Thank you
I dont mean to be off topic but what company are you with out of illinois? and what town? Im looking to move back to illinois trying to find some solid companies to work with, we all know how difficult this can be. Please let me know, I have a residence in naperville,il and 708 sounds like your in the LaGrange/Palos Hills area. |
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SuperJumboAE
79 Posts |
Posted - 04/01/2008 : 12:56:00 AM
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We are a portfolio lender that specializes in Super Jumbo Loans ($1M to $65M).
Our underwriters look at many different ways to make a loan work – especially with income. 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.
- Service and keep 100% of the loans we do
- Federally Chartered Bank
- We are not a hard money lender – rates usually between 6.25% and 7.25%
- No Prepayment Penalties
Here are some of our other niches:
Great at Super Jumbos over $2M, otherwise your basic lenders can get in the mix like Wells, Citi, Countrywide etc…
- 80% LTV depending on the merit of the borrower
- 65% on any size loan – larger loans will not shrink this LTV
- Cross collateralize other properties to make loans work
- NOT FICO driven as long as we can provide LOEs that make sense – so $1.5M loan with 600 FICO and Wells Private Money won’t do, we might…
- Single Family, Multi Unit, O/O, NOO, 2nd homes
If you have any questions, let me know.
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
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jordanb
370 Posts |
Posted - 04/01/2008 : 03:04:23 AM
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| ING on Full Doc Jumbos for sure! |
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