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jhaden

34 Posts
Posted - 04/21/2008 :  2:07:11 PM
I am trying to refinance clients that had an NOD filed 12 mths ago.
A hard money lender bailed them out and now they are trying to get out of that.

80% ltv full -doc
580 fico
L/A= $660,000
value $825,000
R/T refi.

Property is in San Jose, Ca.
jcanepa

800 Posts
Posted - 04/21/2008 :  2:17:04 PM
why is the FICO still low? after 1 year? or was it worse? Just curious?
jhaden

34 Posts
Posted - 04/22/2008 :  5:40:45 PM
Sorry for the delayed response. His credit is still low becasue his new mtg is not reporting due to it being with a hard money lender & he also has a new collection.

Can you help? thx
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