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AGreene00
2901 Posts |
 Posted - 05/05/2008 : 08:25:14 AM
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-609 Score Rate/Term Refi
-75-80% LTV
-Has Reserves, Low DTI
-Customer has a 1 x 90 in the last 12 months
Cannot go FHA. Customer had delinquencies on an FHA loan years earlier. Can anyone touch this anymore? |
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rneriz1
15 Posts |
Posted - 05/05/2008 : 08:35:38 AM
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| Did you appraise the property. With me it will have to go full doc. What are the ratios? |
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AGreene00
2901 Posts |
Posted - 05/05/2008 : 09:11:37 AM
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| DTI will be less than 25%. Have not appraised property yet, but it will not be higher than 80%, and more than likely less than 75%. It is a full doc loan so that is not a problem. |
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AGreene00
2901 Posts |
Posted - 05/05/2008 : 09:48:24 AM
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| For what it's worth, the 90 day is from June '07, so as of next month it will be 0 x 30. |
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