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kristik

48 Posts

Posted - 04/12/2008 :  3:30:09 PM
I have a self employed borrower (30+) years (Commercial construction company). $200000 in checking account.
Wife is 75% owner of SCorp, her FICO 725; he is 25% owner, his FICO 660.
Looking for a 15 year fixed. Need $400,000 cashout. Owner occupied.
Loan amount $1M, 75% ltv.

am I DREAMING????

I need to close a loan!
kristik

48 Posts

Posted - 04/12/2008 :  4:42:12 PM
anyone? I know it's saturday....
cstlmtg

102 Posts

Posted - 04/12/2008 :  4:59:20 PM
I think Thornburg Mortgage may be able to do that loan
okhandaker

112 Posts

Posted - 04/12/2008 :  5:32:10 PM
looks like a wachovia deal
kristik

48 Posts

Posted - 04/12/2008 :  5:34:30 PM
I was just checking Wachovia out. They haven't discontinued that program yet?

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