| Author |
Previous Topic | Next Topic |
|
sadiq
9 Posts |
 Posted - 05/11/2008 : 2:58:41 PM
|
I have 2 prime customers (credit scores over 770), both are stated income, but are putting 20% down. I can't seem to get a decent rate.
Any good banks out there?
Samy |
|
trb
30 Posts |
Posted - 05/11/2008 : 3:11:33 PM
|
| Whats a good rate? FANNIE still offer SISA. What loan amount? |
|
|
sadiq
9 Posts |
Posted - 05/11/2008 : 3:42:21 PM
|
6 or under with 1.5 back.
One loan amount is $320,000 (400K home with 80K down)
Other is a Refi, Loan amount is $604,000 in CA.
Whats a good rate? FANNIE still offer SISA. What loan amount?
[/quote] |
|
|
AGreene00
2022 Posts |
Posted - 05/11/2008 : 4:03:41 PM
|
quote:
Originally posted by sadiq
6 or under with 1.5 back.
One loan amount is $320,000 (400K home with 80K down)
Other is a Refi, Loan amount is $604,000 in CA.
Whats a good rate? FANNIE still offer SISA. What loan amount?
[/quote]
So you need a Jumbo SISA at 6% paying 1.5? I would suggest getting in your DeLorean going 88 mph and travel back with Doc to 2005. |
|
|
BigFire
2506 Posts |
Posted - 05/11/2008 : 5:12:32 PM
|
| AGreene00 - funny. |
|
|
adscott
3 Posts |
Posted - 05/11/2008 : 6:08:51 PM
|
| Wow, your dreaming if you think your getting a 6% rate paying 1.5% on a JUMBO SISA right now. Are you one of those newbies that just got into the business? If so, boy did you pick the wrong time. |
|
|
propertylender.c
768 Posts |
Posted - 05/11/2008 : 7:49:30 PM
|
| I know a broker that just quoted 6.125% at one point cost. |
|
|
CoralSnake
9192 Posts |
Posted - 05/11/2008 : 8:42:56 PM
|
With a 770 DU will very likely give you an income waiver.
You will need Marty, Doc and a Flux Capacitor for the Jumbo though. |
|
|
| |
Previous Topic | Next Topic |
|
Search for: 
