| Author |
Previous Topic | Next Topic |
|
edkami
46 Posts |
 Posted - 03/27/2008 : 10:26:07 PM
|
Looking for rates in the low 6's on:
Full Doc
1.475M CA 2nd Home Purchase
975K Loan
800 FI/CO
Got lenders in NV for this, but not in CA.
Thanks, |
|
directlending2u
436 Posts |
Posted - 03/28/2008 : 12:12:52 AM
|
Ed, have you checked into usbank ?
|
|
|
edkami
46 Posts |
Posted - 03/28/2008 : 08:52:26 AM
|
Hey Josh,
What office do you work at? I checked US Bank but max loan amount for 2nd Home is 500K. Email me... |
|
|
dkendall1979
6875 Posts |
Posted - 03/28/2008 : 08:55:44 AM
|
| astoria - Roberta Diamond: 858-350-5546 |
|
|
SuperJumboAE
76 Posts |
Posted - 04/01/2008 : 12:34:09 AM
|
Our rate would be around 6.25%.
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
|
|
|
lenderep
2702 Posts |
Posted - 04/01/2008 : 03:14:50 AM
|
3/1- 6.375% <.177>, 5/1- 6.25% <.115>, 7/1- 6.5% <.08%>, 10/1- 6.875% <.082%>, 30 year fixed- 7.375% <.177%>
Thanks |
|
|
| |
Previous Topic | Next Topic |
|
|
|
Search for: 
