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 Search for: Super Jumbo, $3MM, Worth $5.3MM.
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fnmspro

48 Posts

Posted - 04/30/2008 :  09:36:37 AM
I know someone out there is doing these, just don't know who it is:) He's a 678 fico, not a single late anywhere, looking to cash out. Please let me know if you have any ideas. Thanks!
KHufford

5054 Posts

Posted - 04/30/2008 :  09:41:51 AM
Full doc or stated?
How much in liquid assets?
Can you rescore the cresit possibly by paying down balances?
fnmspro

48 Posts

Posted - 04/30/2008 :  09:57:32 AM
He could go full doc, as far as assets, not too much. The borrower is a builder that is starting to get behind and would like to pay off all of his debt to get back in good shape again. He doesn't have enough to pay down the balances. Thanks
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CoralSnake

10286 Posts

Posted - 04/30/2008 :  10:00:30 AM
What state is the property in?
fnmspro

48 Posts

Posted - 04/30/2008 :  10:04:42 AM
Property is in CA. Sorry guys
KHufford

5054 Posts

Posted - 04/30/2008 :  10:17:48 AM
We would need 12 months PITI reserves and could do it then, let me know.
apaone

144 Posts

Posted - 04/30/2008 :  12:37:11 PM
***ALL COMMERCIAL AND PRIVATE MONEY LOANS***
Anthony Paone Prime Meridian Management 631-834-5050.
I have multiple broker and lender connections in NY who have access to many funds both domestic and international as well as my own fund. Please give me a call at your leisure as I look forward to doing business with you. Thank You. Also have outlet for residentials and specialize in FHA.
reroser19

98 Posts

Posted - 04/30/2008 :  12:49:07 PM
Please contact me with more information to see if we can get this deal done.
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Sub 500 scores Lenders come here (Members)
Looking for any lenders that will and still do sub 500 mid scores in PA, 60-65% LTV, decent deal besides scores, only 1*30 in last 12 months. ...

http://forum.brokeroutpost.com/loans/forum/2/208567.htm(Replies: 1)
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