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thatsright
402 Posts |
Posted - 04/04/2008 : 07:03:07 AM
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This is the scenario: 672 husband...750 wife (husband is the primary wage earner) cashout refi 308,000 loan amount 95ltv owner occ full doc.
I have a call into equifirst as they used to do this loan.....
any help is appreciatted.
thank you jorge 908-764-9034 |
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cleverman
130 Posts |
Posted - 04/04/2008 : 07:15:49 AM
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We are a Wholesale Direct Lender, we may be able to help you with this loan. Please forward 1003/1008/credit/zip code of properties. Orlando Williams Cell: (703) 307-7006 eFax: (571)-766-1606 Email: owilliams@ofglending.com
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thatsright
402 Posts |
Posted - 04/04/2008 : 07:23:46 AM
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Do you lend in NJ. If you are going to go FHA with it...the loan amount exceeded the loan amount allowable by the FHA in that zip code. If you were going to use another conduit for it...we would be interested.
Do you lend in NJ?
thank you for reaching out jorge |
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IFox
315 Posts |
Posted - 04/04/2008 : 08:03:42 AM
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| Did you check the new loan limits, I believe that is below FHA limits. |
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rascal560
23 Posts |
Posted - 04/04/2008 : 11:54:00 AM
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Irwin Home Equity can do 95% CLTV cash out.
Rate and term first up to 80% Cash out 2nd on Fixed or Heloc up to 95%
Rates start at 5.875% par 1st, 9.4% fixed 2nd with 720+ score Will go down to a 660 score with hits to rate.
For ratesheet go to www.ihepartners.com click on wholesale then resources. Or you can just go to this link.
http://www.ihepartners.com/iFiles/target/Broker/NonSecure/BrokerRates/Broker_Rate_Sheets_-_pdf.pdf
Email me if you want more details.
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