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nsakhi
151 Posts |
 Posted - 04/15/2008 : 4:03:35 PM
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Can anyone do this? Here are the details:
Loan Amount: $5,000,000.00
LTV/CLTV: 50%ltv
LOAN TYPE: CASH OUT REFINANCE ($1,500,000.00 cash out)
DOC TYPE: SIVA (self employed)
FICO: 740+
PROPERTY: Single Family
STATE: VA
ASSETS: $500,000.00 (verifiable reserves)
Any help would be appreciated.
Thank you
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mdiclemente
1016 Posts |
Posted - 04/15/2008 : 4:36:15 PM
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| Check with David... I'm not sure if he does VA though. |
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KHufford
5941 Posts |
Posted - 04/15/2008 : 5:05:44 PM
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If this works, give me a ring:
General guidelines for Residential Lending in the $3MM to $45MM range, including Purchase, Refi and Construction financing:
- Mega-Jumbo Residential loans available to $45,000,000
- Primary or 2nd homes
- NO investment properties, NO spec homes
- 5, 10 or 30 year fixed rate loans
- Interest rates are in the 6.5% to 7.5% range
- Interest Only is available
- Full Doc or Stated programs
- Full Doc max DTI is 45%
- 90% LTV Full Doc available with a 720 FICO
- 75% - 80% LTV Stated Income available with a 720 FICO and strong assets
- Financially strong borrowers below a 720 FICO will be considered
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dkendall1979
10147 Posts |
Posted - 04/15/2008 : 5:12:34 PM
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Email me, I need more details for a real quote.
quote:
Originally posted by nsakhi
Can anyone do this? Here are the details:
Loan Amount: $5,000,000.00
LTV/CLTV: 50%ltv
LOAN TYPE: CASH OUT REFINANCE ($1,500,000.00 cash out)
DOC TYPE: SIVA (self employed)
FICO: 740+
PROPERTY: Single Family
STATE: VA
ASSETS: $500,000.00 (verifiable reserves)
Any help would be appreciated.
Thank you
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