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Wildewinds

56 Posts

Posted - 04/01/2008 :  12:03:11 AM
People are telling me that as of today, SISA's are gone. I've got three loans that need to go SISA, 700+ credit, 80% ltv, conforming loan amounts... and I can't seem to find a place to send 'em. Are there banks that'll still do them?
Wildewinds

56 Posts

Posted - 04/02/2008 :  01:34:04 AM
bump
philinpdx

635 Posts

Posted - 04/02/2008 :  01:38:21 AM
unbelievable... when i think of the kinds of loans we could EASILY do just 9 months ago. Its getting wacky out there.
goodguy1

1572 Posts

Posted - 04/02/2008 :  05:26:09 AM
the agency SISA is gone but there are a few (last week anyways) that are still doing them.
Alt-A SISA and SIVA..try CITIMortgage
Keeysturn

235 Posts

Posted - 04/02/2008 :  05:56:11 AM
PMCI has a great SISA program. There is a .250 hit on scores below 730.

I believe they lend in PA, DC, MD, VA, NC, SC, AL and FL.

PMCI Wholesale Lending
Office: 800-662-9834
Fax: 703-862-6497

RobStorm

407 Posts

Posted - 04/02/2008 :  06:35:23 AM
They are still there.

Primary Capital, Jeff Merkel - 678-298-0234
Suntrust, Shannon Tweedy - 404-516-5295
Terrace Mortgage, Kevin Greene - 770-698-8641 x 112
Citimortgage - Just killed them last Friday


Hope that helps!
highland_runner

43 Posts

Posted - 04/02/2008 :  06:57:16 AM
I've got one at wachovia. Must be self-emp for LTV over 80% and credit scores over 700.
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