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clarenceworley

3534 Posts

Posted - 05/06/2008 :  09:54:35 AM
Got a call from a client looking for a cash-out loan in Texas. He claims the value is 18 million, and currently owes 7 million and wants to take out as much cash as possible. He didn't want to deal with a broker(me), so I said I would check and see if someone had any interest. Claims a 700 fico, said "his employment had changed", and probably needs a hard $ loan.

Sounds like a wild goose chase to me, but thought I would post it nonetheless.
jgalaviz

68 Posts

Posted - 05/06/2008 :  10:38:27 AM
Just sent you an email. Thanks

Joe Galaviz
Home N Mortgage Inc.
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clarenceworley

3534 Posts

Posted - 05/06/2008 :  10:53:34 AM
He is looking for a direct lender to deal with.
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