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jaked76

15 Posts

Posted - 05/09/2008 :  11:33:01 AM
I have a borrower who's getting qualified off bank statements and getting a great loan (%5.99 30 yr fix cashout - total cost of 2pts) with another company. I've racked my brain to try and find a lender who will not only give a decent loan but also accept statements as income. With rates so low I can give this guy the same program at no cost if i can get bank statments accepted as full doc income as he's 699 @ %72 LTV conforming amount.

Can anyone help?
MarieS

193 Posts

Posted - 05/09/2008 :  1:03:59 PM
If he is self employed then go to Citimortgage on Alt A. Par rate is 6.125 on a 30 year SISA or SIVA.
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