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aqua
31 Posts |
 Posted - 03/27/2008 : 08:00:57 AM
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I need a jumbo at 2.5 million, cashout fulldoc property value is 5million.
Florida |
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lexycris
35 Posts |
Posted - 03/27/2008 : 08:14:55 AM
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| Call me 631 255 2383 Susana |
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skyviewmtg
205 Posts |
Posted - 03/27/2008 : 12:10:22 PM
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| how much cash do u need? |
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acassociate
191 Posts |
Posted - 03/27/2008 : 5:59:08 PM
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try pcg the did one for 4.2mil for me.. 619.253.4264..
quote:
Originally posted by aqua
I need a jumbo at 2.5 million, cashout fulldoc property value is 5million.
Florida
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re_manager
2625 Posts |
Posted - 03/27/2008 : 6:00:12 PM
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How do their assets look?
Thanks |
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aqua
31 Posts |
Posted - 03/28/2008 : 07:04:06 AM
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| He has 2million in liquid |
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skyviewmtg
205 Posts |
Posted - 03/28/2008 : 10:59:20 AM
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i told u we can give u 5.875% 5/1 arm I/O 1st and 4.99 2nd 500k cash-out.
so let me know what do u think.
thank u |
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SuperJumboAE
79 Posts |
Posted - 04/01/2008 : 12:32:22 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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